Fixed Deposit of VC Funding Amount

Indian Accounting Standards 251 views 1 replies

Hello Experts, 

I am a non finance background person. I have a query regarding finance as below >>  Can I make a Fixed Deposit in bank from the funding amount I have received from VC ? 

 

Example >>  Funding amount received from VC is 6 Cr, can I make FD of 4 Cr in bank for certain period ? 

 

It would be great help if someone can answer this query. 

 

Thank you. 

 

Replies (1)

Yes, provided you have any time lag in investment stage, and the contract with investor/s do not prohibit any such activity.


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