Technology / Startup · Regulatory Services
Challenge
A promising technology startup was on the verge of securing significant funding from a leading global venture capital firm. However, during due diligence, multiple historical compliance gaps were identified across GST, income tax, and corporate governance jeopardizing the entire funding round.
Solique’s approach
Solique rapidly deployed a specialized team to conduct a comprehensive compliance audit, identifying and categorizing all gaps. We developed a remediation roadmap with prioritized actions, filed voluntary disclosures where applicable, regularized documentation, and provided detailed explanations to satisfy investor concerns. Our team coordinated with regulatory authorities and maintained transparent communication with the VC firm throughout the process.
Outcome
Successfully resolved all material compliance issues within 45 days, enabling the funding round to proceed. The startup secured $15M in Series A funding, with the VC firm commending the thorough remediation process. Solique continues to serve as the company's compliance partner.