The situation
A startup closing a Series A round of roughly ₹10 crore in foreign investment discovered during diligence that an earlier round's FCGPR filing with the RBI had never been made, putting the new round's compliance at risk.
The approach
The lapsed FCGPR filing was reconstructed and regularized with the RBI, and the compliance trail was rebuilt to satisfy the new round's diligence requirements before closing.
The outcome
The Series A closed on schedule, with the FEMA compliance gap resolved rather than becoming a condition subsequent that could have delayed or repriced the round.
A composite, anonymized account built from the kind of engagement Clairvoyis regularly handles, not a case-by-case record of a single named client.