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Startup Funding Round Dilution & Tax Calculator

Calculate your equity dilution and any tax on secondary share sales when raising a funding round — with the angel tax abolition factored in.

Angel tax abolished from 1 April 2024. Shares issued in this round attract no tax under Section 56(2)(viib) for any investor category — domestic or foreign.

Round details
Equity outcome
Post-money valuation₹12.00 Cr
New investor equity16.7%
Founder equity — before65.0%
Founder equity — after54.2%
Founder dilution10.8%
ESOP pool (unchanged)10.0%
Other existing shareholders20.8%
Founder 54.2%
ESOP 10%
New investor 16.7%

Indicative only. Surcharge, marginal relief, and STT (for listed shares) not included. Consult your CA for exact tax computation.

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Frequently asked questions

Does receiving venture capital create any tax liability for a startup?

No. When a startup issues new shares to investors, there is no tax on the company. Angel tax (Section 56(2)(viib)) was completely abolished from 1 April 2024. There is also no GST on share issuance. The only tax events occur when founders sell secondary shares.

Was angel tax abolished in India? What is the current status?

Yes. Angel tax (Section 56(2)(viib)) was abolished by the Finance (No.2) Act, 2024, effective from Assessment Year 2025-26 onwards. This means shares issued on or after 1 April 2024 attract no angel tax for any category of investor — domestic or foreign.

What are the tax implications for a founder selling secondary shares in a funding round?

If you sell existing shares in a secondary transaction during a funding round, capital gains tax applies. For unlisted shares held more than 24 months: LTCG at 12.5% (no indexation, Budget 2024 rate). Held 24 months or less: STCG at your applicable income slab rate (20% or 30%).

How is equity dilution calculated when raising a venture capital round?

Post-money valuation = Pre-money valuation + Investment amount. New investor equity % = Investment ÷ Post-money valuation × 100. Existing shareholders (founders, ESOP holders, earlier investors) are diluted proportionally. Your ownership after = Your ownership before × (1 − new investor %).

What is the difference between pre-money and post-money valuation?

Pre-money valuation is the company's agreed value before the investment comes in. Post-money valuation = Pre-money + Investment. The investor's ownership % is calculated on the post-money valuation. Founders' ownership is diluted by the percentage going to new investors.

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