Organization:
Our client is an incubator for startups.
About the Role:
With the increasing scale of the work, our client is strengthening the current internal legal and compliance team. They want to add an aspiring and motivated Lawyer to the team who can lead the legal work of the Company and manage the legal team. The ideal candidate is someone with experience in startup transactions and managing the team. Your key responsibilities will be to lead the legal and compliance work of the organization including startup investments, due-diligence, exits and all other investment vehicles’ legal and compliance matters.
If you’re a lawyer with expertise in transaction documentation, corporate laws, and VC investments, and you’re interested in working as in-house counsel, eager to work with some of the best minds in the startup ecosystem to build a career, then this may be a good fit for you.
Key areas of responsibility
- Transaction-related – Work with the investment team to draft/ and review end to end transactions documents including:
- Managing end-to-end investment process including supporting legal, due diligence of target company (the investee) prior to investment, drafting and reviewing share subscription agreement(s) and shareholders agreement(s), reviewing and drafting CP/CS documents, MCA forms, Share certificate, and stamping and executing agreements/documents, etc.
- Drafting, and reviewing exit documents including share purchase agreements.
- Drafting/ reviewing general commercial agreements to engage with advisors, consultants, and employees.
- Drafting and reviewing agreements with startups, i.e., prototyping support agreement, incubation cum mentoring agreement, space allocation agreement, etc.
- Reviewing, negotiating and finalizing investment agreements for both first and follow-on investments.
- Working with the legal firms to conduct due diligence and help finalize CP/CS findings, and finalise the investment documents on a case-to-case basis.
- Be the point of contact and manage and execute all legal and compliance reviews/requirements related to or coming from the portfolio companies.
- Work closely with the finance team for investment disbursal.
- Advising portfolio companies on legal and compliance matters when required.
- Managing legal and compliance team and setting up the right processes to deliver high-quality services to internal business units.
- Represent the organization during negotiations with other co-investors and their representatives including lawyers.
- Setting up and managing Investment vehicles:
- Assist in structuring new investment vehicles
- Help in reviewing agreements with LPs and other partners
- Manage communication with the trustee company
- Handle applicable regulatory compliance with SEBI, RBI, Trustee, etc
Key Skills/Abilities
- Qualification: Lawyer with 5 to 8 years of relevant work experience in the VC/PE industry (either as fund counsel or from a law firm)
- Excellent legal drafting skills are essential for this position.
- Experience working cross-functionally and collaboratively.
- Excellent spoken and written communication skills
- Ability to analyse laws and regulations
- Excellent team-leading and management skills
- In-depth knowledge of companies law, Contract Act, Stamp Act, Foreign Exchange Management Act and SEBI regulations dealing with venture funds
- Intellectual curiosity and ability to “get smart quick” on a wide variety of topics
- Proficiency in MS Office and contract management software