PanScience Innovations LLPis a Deep Tech Venture studio developing next-gen AI products with significant impact. The group includes over 15 AI products and operates through 8+ legalentities.
Challenge
PanScience Innovations required comprehensive legal and financial advisory services to structure their business, incorporate startups, and manage ongoing legal and financial functions.
Solution
Agrim Advisors provided end-to-end support, including:
1. Business Structuring: Advised on arrangements between the venture studio, portfolio founders, startups, business advisors, and key employees.
2. Legal Incorporation: Managed the incorporation process for all startup entities.
3. Setup of Legal and Financial Functions: Established legal and financial processes, obtained business and tax registrations.
4. Bookkeeping and Payroll: Assisted with ongoing bookkeeping and payroll management.
5. Compliance Management: Ensured monthly and annual compliance for all entities.
6. Investment Transactions: Assisted in drafting, negotiating, and reviewing investment transactions for portfolio companies.
Impact
1. Efficient Structuring: Established clear and effective arrangements within the venture studio and with external stakeholders.
2. Seamless Incorporation: Successfully incorporated multiple startup entities, ensuring they were legally sound and operational.
3. Robust Legal and Financial Systems: Implemented comprehensive legal and financial processes, ensuring smooth operations and compliance.
4. Financial Management: Provided ongoing bookkeeping, payroll, and compliance support, ensuring financial accuracy and regulatory adherence.
5. Investment Facilitation: Supported investment transactions, aiding in the growth and funding of portfolio companies.
Agrim Advisors’ comprehensive legal and financial advisory services have been instrumental in the successful establishment and growth of PanScience Innovations LLP. This partnership highlights Agrim Advisors' ability to manage complex legal and financial functions, supporting the venture studio’s ambitious goals and innovative endeavors.