PowerUp Money raises $10M led by Flourish

Terms in this story

• Co-founder equity: Split equity by what each founder will contribute from now on, not by who had the idea, and attach vesting so that a founder who leaves early does not keep a large share for doing little. In India, founders usually do this through reverse vesting in the shareholders' agreement.
• Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a listing or a sale. Each step is larger and asks for more proof. In India, Series A rounds run from a few million dollars to about $15 million, as of November 2026.
• Series B/C: Series B, C, D and later rounds are growth rounds: large cheques for a startup with a proven model that wants to expand, enter new markets or move toward profit and a listing. In India they are usually priced in CCPS and, when foreign investors take part, must follow FEMA pricing rules.
• Valuation: A startup's valuation is the total price investors agree the company is worth, and it decides how many shares their money buys. For young companies it is set by negotiation and comparison, not a formula. In India, pricing rules for foreign investors apply, and angel tax no longer does for money raised since 1 April 2024.