Startup in India has to face many challenges including many laws and regulatory acts. The pathway to the start-ups goes with the higher initial costs of the things and thus they could hardly focus on the innovation. Start-up business faces many challenges but hardly have any solution in context to taxation, accounting, compliances, and similar things.
Helping start-up business of others
But few people can make every problem into a profit-making opportunity and today we are going to talk about such persons. In any company, the Chief financial officer can play a major role but in the starting phase of the business, there are hardly companies that can afford to have a good one. Start-up business needs someone professional on their back.
A Pune based find out this problem a profit-making opportunity and started working in the same direction. They created an in house team for this concern and established a business step up. The firm did a collaboration with the IIM-A which is considered as one of the top-notch management institutes in the world, Hyderabad firm T Hub and a Start-up venture of India. They were working with them as legal advisors and partners. Now they have a large venture that is helping start-up business in India every year.
Mr. Rohhit Lohade 31 was a manager working in Deloitte company. His duties include Audit and Assurance. During working, he met a friend and started helping him out to raise the funds for his business. During this process, he has to spend enough time with the lawyer for the planning and realized that every organization needs financial personnel to handle the things but they can hardly afford a good one. He worked hard to deliver the best and cheap services to start up business in India.
Professional team of start-up business niche expert
Taking the initiative from this motivation he started working with his friend Khushboo Bhattad and parent That and Ritesh Jain himself. The provided an online platform for the services of the CA, Cs. They also started offering legal services. Start-up business in India now prefers its services because of many plus points.
Team of experts free for start-up business
The best part about this particular organization is that all were having a good professional qualification with ten years of combined experience. In their team of founders, Khushboo was taking care of the taxation segment and Pranit was taking care of the NRI can giving them assistance to enter the Indian market. For a start-up business, they are the best available options that come in cheap pricing.
He was assisting big business in offshoring operations and management. Ritesh was taking care of financial health and playing the role of a virtual CFO for nearly twenty companies. Rohit was working in the fundraising sector and giving guidance in business development.
Making it large
The best part is that there are nearly forty-five team members that are working in this sector. They are working for Pune, Mumbai, and Bengaluru. You will be amazed to know that this is an organization with an average age of 28 of staff working in it. They are so young that sometimes clients ask them the name of the boss. They help every start-up business to grow big.
Generating revenue
Their business setup was unique and they were working based on the conversion of their clients. This means that after taking their assistance when the clients also ask accounting, operational, and compliance services they used to charge for it and from where the revenue was coming. By helping start-up businesses and firms they are generating good income.
Best services to start-up business
Also, you will be amazed to know the fact that they have a very high conversion rate, which is ninety percent. The gradually started charging for compliance services like filling up TDS returns, GST returns, ROC compliances, and many other financial services. In the last year, the company was generating nearly five crore income on the annual basis. You can expect a tremendous growth rate. Start-up business seeks their assistance and provides them good order to handle their account and taxation issues.
Bright future
The company is now thinking about big plans and it is expecting to deliver its mind-blowing services to more than two thousand startups. The company works with startupindia.gov.in for expansion and serving the new companies well. They are delivering essential taxation and compliance services at a very affordable price to a start-up business.
Source: Times Applaud
