Valuation & Reports

Know What Your Startup
Is Actually Worth.

A number without methodology is just a guess. Naraway prepares defensible, compliance-ready valuation reports that hold up in investor meetings, tax filings, and due diligence — not just on a slide deck.

Fundraising Valuation ESOP Valuation Tax Compliance 5-10 Day Delivery
500+Reports Delivered
5-10Day Turnaround
CompliantIT & SEBI Standards
4.85★Client Rating
What We Deliver

Valuation Reports That Actually Hold Up

Every valuation report we prepare is methodology-documented, assumption-transparent, and structured to withstand scrutiny from investors, auditors, and tax authorities. Tell us your purpose and we'll recommend the right approach.

Fundraising Valuation

Pre-money and post-money valuations for seed, Series A, and growth rounds. Built to give you a defensible number that opens investor conversations rather than closing them.

ESOP Valuation

Fair Market Value (FMV) reports required for issuing ESOPs to employees. Compliant with Income Tax Act requirements — prepared to withstand scrutiny from the IT department.

Tax Compliance Valuation

Section 56(2)(viib) compliance reports for share issuances above fair market value. Required when issuing shares to investors at a premium — mandatory for private companies under Indian tax law.

M&A & Due Diligence Valuation

Independent valuations for acquisitions, mergers, and strategic transactions. Gives buyers and sellers a shared, credible reference point for deal pricing and negotiations.

Pre-Revenue Startup Valuation

Scorecard, Berkus, and Risk Factor Summation methods for idea-stage and pre-traction startups. Accounts for team, market size, IP, and competitive position when financials don't tell the full story.

Registered Valuer Certified

Reports requiring statutory validity are coordinated with SEBI-registered valuers. You get a compliant, legally recognized report — not just a consultant's opinion document.

Who Needs This

When You Need a Formal Valuation

A valuation report is not just for large companies closing big deals. Here's when founders typically need one.

Raising a Round

Investors will question your valuation. A methodology-backed report gives you credibility and a defensible anchor for negotiations. Get yours before your next investor meeting.

Issuing ESOPs

The Income Tax Act requires FMV-based valuation for ESOP grants. Without it, both the company and employees face tax exposure. This is a compliance requirement, not optional.

Onboarding a Co-Founder

Allocating equity to a new co-founder or senior hire requires a fair value basis. A valuation report protects all parties and prevents future disputes.

Acquisition or Exit

Whether you're acquiring a company or being acquired, an independent valuation keeps negotiations grounded in fact and protects you from underpricing your equity.

Not Sure What Type of Valuation You Need?

Different purposes require different methods and formats. Tell us your situation and we'll tell you exactly what's needed — no jargon, no upsell.

Talk to Our Valuation Team
FAQ

Common Questions

Investors, banks, and acquirers require a defensible, methodology-backed valuation — not a number from your pitch deck. A formal report carries legal weight for ESOP issuance, regulatory compliance (Income Tax, FEMA), fundraising negotiations, and M&A transactions. A number without documentation is just an opinion.
We use the method most appropriate for your stage and purpose: Discounted Cash Flow (DCF) for revenue-generating businesses, Comparable Transactions for market benchmarking, Net Asset Value for asset-heavy companies, and Scorecard or Berkus methods for pre-revenue startups. Every report documents the chosen methodology and assumptions clearly.
Yes. Reports for share issuances under Section 56(2)(viib) and for ESOP purposes must be prepared by a Registered Valuer or Merchant Banker under SEBI and income tax regulations. Naraway coordinates with registered valuers to ensure your report meets all statutory requirements.
Standard reports are delivered within 5-10 working days from receipt of all required financials and business information. If you have an imminent fundraising close or compliance deadline, contact us — urgent reports can be expedited.
Yes. Pre-revenue startups are valued using qualitative methods — Scorecard, Berkus, Risk Factor Summation — that assess team quality, market size, IP, traction, and competitive position. The report is still formal and defensible, adapted for your stage.

Get a Valuation Report That Stands Up.

Whether you're raising, issuing ESOPs, or preparing for a transaction — Naraway delivers valuation reports that investors, auditors, and tax authorities can rely on. Reach out and we'll tell you exactly what's needed for your situation.

Fundraising, ESOP, Tax & M&A Reports
Registered Valuer Certified
5-10 Day Standard Delivery
4.85/5 from 500+ clients