Business & startup valuation
Fundraising, strategic decisions, share issuance and exits. Select methods that fit your stage, cash-flow visibility and evidence quality.
DCF, market multiples, Berkus, scorecard and VC-method triangulation.
Capital advisory · Valuation
Valuation. Know it. Defend it.
A valuation is an argument backed by evidence. Connect operating drivers, financial forecasts and market benchmarks to a number you can explain — and a range you can defend.
X · current evidence → ΔV · stronger economics → Y · defensible value
Income
Cash flows, discount rates and terminal assumptions.
Market
Peer companies and completed transaction evidence.
Assets
Adjusted net assets and intangible economics.
Purpose
Decision support or statutory scope — clearly distinguished.
What we help you decide
One practice. Different purposes.
M&A, transactions & exit planning
Support buyer and seller discussions with normalized earnings, comparable deals and an enterprise-to-equity bridge.
Comparable transactions, control considerations, debt/cash adjustments and scenario analysis.
ESOPs, shares & convertible instruments
Model ownership, grant economics and share allocation without confusing business value with instrument value.
Cap-table reconciliation, dilution scenarios, option assumptions and conversion-term review.
IP, brand & intangible assets
Understand the economic contribution of brands, technology and other intangible assets.
Relief-from-royalty model, economic-life assumptions, attributable revenue and asset-value reconciliation.
Regulatory & cross-border valuation
Prepare the evidence and financial models needed for applicable company-law, tax, FEMA/RBI and transaction-pricing requirements.
Purpose-specific scope, valuation-date records and coordination with appropriately qualified certifying professionals.
Financial reporting & fair value
Support Ind AS / IFRS reporting, purchase-price allocation and audit discussions with documented valuation inputs.
Fair-value assumptions, method selection, sensitivity analysis and an audit-ready evidence trail.
Financial modeling & investor materials
Turn operating drivers into an integrated forecast, not a spreadsheet of unsupported growth percentages.
Five-year model, scenarios, working-capital logic, WACC derivation, peer benchmarks and a board/investor presentation.
Method engines
The assumptions are visible.
Compare suitable methods using your own inputs. Each model keeps its value basis explicit; pre-money equity, enterprise value and IP value are not interchangeable.
Discounted cash flow
Businesses with supportable cash-flow forecasts. Five explicit forecast years plus terminal value.
EV = discounted FCFF + discounted terminal value; equity = EV − debt + cash
Model output
₹ 870.64 lakh
Indicative equity value
- PV of forecast cash flows
- ₹ 402.72 lakh
- PV of terminal value
- ₹ 567.92 lakh
- Enterprise value
- ₹ 970.64 lakh
Forecast free cash flows · ₹ lakh
Y1
100
Y2
115
Y3
132.25
Y4
152.09
Y5
174.9
All starting values are illustrative, not sourced peer benchmarks. No automatic market feeds or independent verification. This is a planning estimate, not investment advice, fair-value certification or a statutory valuation. A defensible conclusion requires evidence, a valuation date and qualified review.
Supporting models
Capital cost. Ownership impact.
Cost of capital · WACC
CAPM cost of equity and after-tax debt cost, weighted by market-value capital structure.
WACC 12.86% · Cost of equity 14.2%
Debt weight = 100% − equity weight. Beta, country risk and capital structure require evidence; use the resulting WACC in the DCF model where appropriate.
Share issuance & dilution
One priced primary round, before option-pool changes, preference rights or convertible instruments.
New investor ownership: 20%
Post-money: ₹ 1,000 lakh
Issue price: ₹ 800 per share
New shares: 25,000
Existing holders retain: 80%
Sample inputs only. ESOP accounting and conversion waterfalls require the actual grant terms, cap table and instrument documents.
How the engagement runs
From purpose to defensible conclusion.
- 01
Discover
Agree the decision, valuation date, scope and information requirements.
- 02
Analyze
Normalize financials; examine drivers, assets, liabilities and business risks.
- 03
Model
Build forecast scenarios and apply appropriate income, market and asset methods.
- 04
Challenge
Test discount rates, terminal values and peer selection; explain differences between methods.
- 05
Deliver
Present the conclusion, supporting model, evidence log and qualified-review requirements.
Engagement outputs
- Purpose-specific valuation memo and method rationale
- Integrated five-year financial model and scenario workbook
- Peer / deal benchmark analysis with sources and valuation dates
- WACC, beta, cost-of-capital and sensitivity schedules
- Enterprise-to-equity bridge and cap-table / dilution analysis
- Board and investor presentation with assumptions and limitations
- Evidence checklist for statutory or financial-reporting review
Final scope, turnaround and fees are agreed after reviewing your purpose and records. The online engines export planning assumptions; they do not generate a signed professional valuation report or an integrated Excel financial model.
Decision support ≠ statutory certification.
StartupXY supports valuation modeling and advisory. Where law or transaction rules require a registered valuer, merchant banker or other authorised professional, the final report must be issued by the appropriately qualified professional under a separately agreed scope. We do not claim IBBI or SEBI registration, automatic regulatory acceptance or guaranteed investor pricing. Applicable tax and cross-border requirements must be checked as of the valuation date; legacy tax provisions are not assumed to remain in force.
Next decision
Bring the business. We’ll challenge the number.
Share your valuation purpose, latest financials, cap table and any forecast or investor offer. We’ll scope the method, evidence and review required.