Launched at Startup Corporate Governance National Conclave, Start-up Governance Playbook is a corporate governance guide for India’s start-up ecosystem developed with insights from founders, investors, and industry experts.
India is now the world’s third-largest hub for start-up and the ecosystem continues to mature at a rapid pace. While founders tend to focus primarily on finding product market fit and winning their first customers during the very early days of their start-up journey, it soon becomes imperative to zero in on another fundamental aspect of company building; corporate governance.
The ‘Start-Up Governance Playbook’ offers a framework of different corporate governance recommendations for new-age companies. The playbook consists of a broad guidance on the governance journey for start-ups from early stage to pre-IPO, a reference guide to help start-ups gauge where they stand on governance, a starter kit with an elementary introduction of governance building blocks, and inputs from those who have already taken their companies to IPO.
"The IVCA has prepared this governance playbook in partnership with Deloitte India to serve as a resource for start-up founders, management teams, investor and board members of start-ups across different stages. We hope this helps serve as a starting point in your journey to craft your corporate governance strategy and policies", said Debasish Mishra, Chief Growth Officer, Deloitte South Asia.
"Through this playbook, we intend to create a space for founders to self assess themselves and know that they are not alone in this journey. With the right intent, business ethics and efficient decision making of an aligned board, Indian start-ups will definitely cross the chasm and create immense value to all stakeholders-investors, customers, government, employees, et al including themselves", said Rajat Tandon, President, IVCA.
The Playbook document offers:
- Broad guidance on the governance journey of a start-up from the earliest stage to pre-IPO
- Insightful and relevant inputs from those who have undertaken the same journey
- A starter kit with an elementary introduction of governance building blocks
- A reference guide to help you gauge where your company stands and relevant governance recommendations
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