9. Due Diligence Checklist
!Trademark 'JOLT ENERGY' — file Class 32 India immediately
!Register joltenergy.in and joltenergy.com
✓FSSAI license valid through Dec 2026
✓Cap table: 4 founders + ESOP pool — clean
✓2 clinical studies reviewed (IISc, n=120 + n=80)
!CSIR-CFTRI MOU renewal before Jan 2026
○Provisional patent — nano-emulsification process
○Audited financials (last filed FY23 — request FY24)
✓Gross margin: 58% (healthy for category 55–65%)
✓3 reference channel partners verified
○Color palette update — red-silver → saffron-green
○Series B term sheet benchmark prepared