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Startup & Venture Capital Lawyersin Hyderabad,from first cheque to exit.

SIRI Law LLP advises founders and investors on incorporation, founders' agreements, ESOPs, fundraising and cross-border structures, with advocates who understand how technology companies actually work.

  • Fixed-fee startup packages
  • Founders and investors both advised
  • Hyderabad and online

Startup & Venture Law

Most startup legal trouble is not created by a bad idea. It is created by a handshake equity split, an unsigned IP assignment or a cap table nobody can explain, discovered at the worst moment: diligence. We help you build the paperwork before it becomes the problem.

First-time and repeat

Founders

Pre-incorporation to Series A: structure, equity, contracts and compliance, in plain language.

Angels, funds and family offices

Investors

Diligence, term sheets, investment documents and post-investment covenants and reporting.

Entering or building in India

Foreign founders

Subsidiary set-up, FEMA compliance and repatriation, and reverse flips back to India.

Employees and advisors

Early teams

ESOP design, grant documents and clear terms for advisors and contractors.

Roadmap

Your legal roadmap, stage by stage.

You do not need everything on day one. You do need the right things at the right time. This is the order we recommend.

  1. 01
    Before you build

    Idea to incorporation

    Choose the structure once and choose it well. Restructuring later costs more and can trigger tax.

    • Private limited company, LLP or another structure: which and why
    • Founders' agreement covering equity, roles, vesting and exit
    • Assignment of all IP created so far to the company
    • DPIIT recognition and Startup India benefits, where eligible
  2. 02
    First money in

    Pre-seed and seed

    Angel and seed rounds move quickly. Clean documents keep them moving.

    • Term sheet review and negotiation
    • Convertible instruments and priced-round documents
    • Shareholders' agreement and articles of association
    • Company law filings after allotment; foreign investor reporting under FEMA
  3. 03
    Building the team

    Hiring and first customers

    Contracts and policies that protect the company without scaring good people away.

    • Employment agreements, confidentiality and IP terms
    • ESOP plan, board and shareholder approvals, and grant letters
    • Customer and vendor contracts, terms of service
    • Privacy policy and consent flows under the DPDPA 2023
  4. 04
    Institutional capital

    Series A and beyond

    Investors will test everything. We run a pre-diligence clean-up so nothing surprises you.

    • Vendor-side due diligence and data-room preparation
    • Negotiation of investor rights, vetoes and liquidation terms
    • Cap table clean-up and secondary transactions
    • Regulatory approvals for your sector
  5. 05
    Growth and liquidity

    Scale, M&A and exit

    Acquisitions, secondaries and cross-border moves are easier when the earlier steps were done right.

    • Acquisition and merger documentation
    • Buy-side and sell-side diligence
    • Cross-border structuring and redomiciliation
    • Founder liquidity and secondary sales

What we do

Startup legal services, end to end.

Every service below can be taken as a one-time project or folded into a monthly retainer through SIRI Shield.

01

Incorporation and structuring

Choosing between a private limited company, LLP or foreign holding structure, and setting it up correctly the first time.

  • Companies Act
  • LLP Act
  • FEMA
02

Founders' agreements

Equity split, vesting, decision-making, roles and what happens if a founder leaves. The document most startups skip.

  • Vesting
  • Good/bad leaver
  • IP
03

Fundraising and venture deals

Term sheets, shareholders' agreements and share subscription agreements for angels, seed funds and venture capital.

  • Term sheets
  • SHA / SSA
  • CCPS
04

ESOPs and equity incentives

Plan design, approvals, grant documentation and the tax and compliance points that follow.

  • ESOP plan
  • Grants
  • Approvals
05

Commercial contracts

Customer, vendor, reseller and partnership contracts, and website terms, written for how your business really operates.

  • MSAs
  • SaaS terms
  • NDAs
06

IP and technology

Ownership of code and content, trademark filing, licensing and open-source usage.

  • Trademarks
  • Assignments
  • Licences
07

Data privacy and compliance

Privacy policies, consent, data-processing terms and readiness under the DPDPA 2023 for products that handle user data.

  • DPDPA 2023
  • Consent
  • DPAs
08

Employment and contractors

Offer letters, confidentiality and non-solicit terms, advisor agreements and workplace policies including POSH.

  • Offer letters
  • Advisors
  • POSH
09

Diligence, M&A and exit

Preparing for investor diligence, negotiating acquisitions and structuring founder exits.

  • Data room
  • M&A
  • Secondaries
10

Startup disputes and commercial litigation

Founder disputes, contract breaches and investor disagreements that need negotiation, arbitration or court action.

  • Founder disputes
  • Arbitration
  • Recovery

Where we come in

Five problems we are often asked to fix.

None of these is unusual. All of them are cheaper to prevent than to repair during a funding round.

  1. A verbal equity split

    Founders agree shares over coffee and never document vesting. When one leaves after six months, they still own a quarter of the company.

  2. Code written before the company existed

    If the founder built the product personally, the company may not own it until the IP is formally assigned. Investors check this first.

  3. An ESOP pool with no paperwork

    Promises of options without board and shareholder approvals, a plan document or grant letters leave employees and the company exposed.

  4. A copied privacy policy

    A policy borrowed from another site describes data practices you do not follow, which is worse than no policy under the DPDPA 2023.

  5. Foreign money, missed filings

    Investment from abroad carries reporting obligations to the RBI. Missing them can delay the next round and lead to compounding penalties.

Consultation

Not sure what your startup needs right now?

Book a consultation. We will look at your stage, tell you what matters this quarter and what can wait, and quote fees in writing.

Why founders choose us

Advocates who build alongside you.

Retain us for a single matter or for the long run. Either way you deal with the same accountable team.

Tech-fluent by default

Our practice began at the intersection of law and technology. You will not spend the first call explaining what an API or a SaaS subscription is.

Documents that close

We write short, fair documents and negotiate the points that matter, so a term sheet becomes a signed round rather than a month of back-and-forth.

Predictable fees

Fixed-fee packages for standard work and a monthly SIRI Shield retainer for ongoing counsel. Fees are agreed in writing before work begins.

How we work

What happens after you reach out.

No surprises. Here is the realistic sequence for most engagements.

  1. Enquiry

    You reach out by phone, WhatsApp or the form below with a short description of what is going on.

  2. Initial call

    We discuss your stage, the issue and the realistic options, usually within one or two working days.

  3. Engagement letter

    If we are a fit, we send a written scope and fee before any billable work starts. An enquiry on its own does not create an advocate-client relationship.

  4. Information and documents

    You share what is relevant: cap table, existing agreements, correspondence, whatever applies to your matter.

  5. Drafting or advice

    We prepare documents or opinions, explain the reasoning in plain terms, and flag anything that needs a decision from you.

  6. Review and negotiation

    We revise based on your comments and, where another party is involved, negotiate on your behalf.

  7. Signing and filing

    Execution, stamping and any regulatory filings are completed, and copies are shared with you.

  8. Ongoing support

    For continuing needs, matters can move onto a monthly SIRI Shield retainer rather than restarting the engagement process each time.

Google reviews

See what our clients say on Google.

We would rather you read independent reviews than take our word for it. Every review is on our Google Business Profile.

Questions

Founders often ask.

General information only, not legal advice. Every situation differs, so speak to us about yours.

Should I incorporate as a private limited company or an LLP?

For most startups planning to raise equity funding, a private limited company is the usual choice. It can issue equity and preference shares and grant ESOPs, which investors expect.

An LLP has lighter compliance but cannot issue shares or ESOPs. The right answer depends on your funding plans, sector and where your investors are based, and we will recommend one in the first consultation.

When do I need a founders' agreement?

Ideally before incorporation, and certainly before anyone works on the business for meaningful time or money. It records equity, vesting, roles, IP ownership and what happens if a founder leaves.

Investors will ask for it at diligence, and drafting it later, when relationships are strained, is far harder.

What do investors ask for during due diligence?

Typically: incorporation and statutory records, a clean cap table, IP assignments, customer and vendor contracts, employment documents, ESOP records, tax and compliance filings, and details of any disputes.

We can run a pre-diligence review so gaps are fixed before investors find them.

Can we grant ESOPs to founders and early employees?

Companies can grant ESOPs to eligible employees after board and shareholder approvals and following the prescribed rules. Founders and promoters are generally restricted, though there is a relaxation for eligible DPIIT-recognised startups.

Eligibility and tax treatment depend on your facts, so we review these before a plan is adopted.

We are taking money from a foreign investor. What changes?

Foreign investment must comply with FEMA: sector and pricing rules, and reporting to the RBI within prescribed timelines after issue of shares. Getting this wrong can hold up later rounds.

We handle the structuring, documents and filings, and coordinate with your chartered accountant.

How much will this cost?

Standard work such as incorporation, founders' agreements and ESOP plans is available at fixed fees. Financing and M&A work is scoped after we understand the deal.

In every case, fees are agreed in writing before work starts. Ongoing needs can be covered by a SIRI Shield monthly retainer.

Does SIRI Law LLP only work with Hyderabad-based startups?

No. We are based in Hyderabad and meet founders there in person, and we work with founders across India and abroad remotely. Most startup and venture work is document- and call-driven, so location rarely limits what we can do.

What is DPIIT Startup India recognition, and do I need it?

DPIIT recognition can bring tax and compliance benefits, including relaxed rules for ESOP grants to certain promoters. It is not mandatory to operate.

Under the notification in effect since February 2026, recognition generally covers private companies, LLPs, partnerships and now cooperative societies within 10 years of incorporation and below ₹200 crore turnover, with a separate “deep tech” category (20 years, ₹300 crore) for ventures with long R&D timelines. These thresholds can change, so we confirm current eligibility before you apply.

What happens if my co-founder and I cannot agree on an exit?

This is usually governed by your founders' agreement or the company's articles, through a buy-back, right of first refusal or drag-along clause. Purely contractual disagreements under that agreement can often be arbitrated if it says so.

If the dispute instead amounts to oppression or mismanagement of the company, that claim generally falls under the Companies Act and is handled by the NCLT, which Indian courts currently treat as the exclusive forum for it rather than something an arbitration clause can cover. We review what you have in place and advise on the realistic route for your situation.

Do you draft agreements for remote or international teams?

Yes. Contractor and employment arrangements with people outside India raise separate questions on taxation, data transfer and enforceability, which we build into the documents from the start.

What is a SIRI Shield retainer?

It is a monthly arrangement for startups with recurring legal needs, such as contract reviews, quick queries and ongoing compliance, in place of billing each small matter separately. Scope and fee are agreed in writing before it starts.

Are there Hyderabad- or Telangana-specific registrations we need to worry about?

Yes, alongside the central-level filings. Most employers in Telangana need to register under the Telangana Shops and Establishments Act and pay Telangana Professional Tax, and companies incorporated here are registered with the Registrar of Companies, Hyderabad.

If you are engaging with the local startup ecosystem, for example through an incubator such as T-Hub, that is separate from these statutory registrations and does not replace them. We can tell you exactly what applies to your entity type and stage.

Before you call

Make your first call count.

You do not need everything ready, but these help us give sharper advice faster.

Your cap table

Current ownership, any verbal promises of equity, and anyone with a right to future shares.

Existing agreements

Founders' agreements, offer letters, and vendor or customer contracts you already have in place.

Incorporation documents

Certificate of incorporation, MOA/AOA or LLP agreement, and your latest ROC filings.

A plain description of the issue

What happened, when, and who is involved. We will ask follow-up questions on the call.

Any deadlines

Investor timelines, notice periods, or regulatory dates that make this time-sensitive.

Questions you want answered

Write them down beforehand so nothing gets missed on the first call.

Consultation

Tell us about your startup matter.

High level is fine. We check conflicts, tell you honestly whether we can help, and what it would cost. You decide, with no pressure.

HyderabadHITEC City, Madhapur, Hyderabad, Telangana 500081

Request a consultation

We reply promptly. Please do not send confidential documents until a channel is confirmed.

Prefer to talk? Call +91 79819 12046

Thank you. We have your enquiry.

A member of our team will be in touch soon. For anything urgent, call +91 79819 12046.

Visit us

Find our offices.

HITEC City, Madhapur, Hyderabad, Telangana 500081

Mon to Sat, 9:30 AM to 7:00 PM IST · Meetings by appointment · Online consultations worldwide

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