Sector report
Fundraise readiness benchmark: Series A in India, 2026
Where founders typically stand on model, deck, IM, and data room when they think they are ready — and what investors actually look for in the first 90 minutes.
Industry Reports
Research and data, alongside the work.
Anonymised benchmarks, working papers, advisory notes and data sheets across the services Nucleus runs. Request a copy for the full PDF.
Working paper
Term sheet economics: what dilution actually means over 18 months
A working-paper walk-through of liquidation preferences, anti-dilution, and ESOP top-ups — modelled across a $5M Series A and a follow-on round.
Advisory note
The valuation defense pack: what investors stress in diligence
The seven model lines that get pulled apart in every Series B diligence, with the documentation and back-up files we build to hold them together.
Data sheet
Investor cap-table archetypes — by stage, by sector
Anonymised cap tables across 40+ recent Indian rounds. Patterns by stage, sector, and round size — what looks normal, what looks expensive, what looks misaligned.