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.
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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