Sunday, January 17, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Business Setup allows Entrepreneurs to Setup Business

Sony T by Sony T
April 30, 2019
in Startup news
Reading Time: 2min read
A A
0
Business Setup allows Entrepreneurs to Setup Business
16
SHARES
212
VIEWS
Share on FacebookShare on Twitter

Beginning a journey with startup in a country like India involves more than 10 registrations and seven tax and labour laws to comply with every proceeding month. Therefore, the process seems tedious and expensive. Further, it is also very complex for an entrepreneur to concentrate on innovation and creativity, while ensuring 100 percent conformity.

While it becomes mandatory to have a CFO(Chief Financial Office), not every startup has the resources to bear such positions. Pune-based Business Setup is aiming to quiet ease the process for early stage startups of involving such issues rather than focusing on innovation. With an in-house team of experienced professionals, Business Setup has collaborated with IIM-Ahmedabad, Hyderabad’s T-Hub, and Startup India as their legal advisors and partners.

Back in March 2015, Rohit along with his friends, Khushboo Bhattad, Parinit Thated, and Ritesh Jain, developed an online platform for CA, CS, and legal services. Business Setup looks after functions for company establishment strategy, fund raising and mergers & acquisitions guidance, business model formulation, financial reporting and projections, accounting and managing financial books, managing payroll, tax and regulatory compliance and coordinating audits and valuations. Presently, the startup also launched an India Entry Services vertical for foreign companies preparing to set up operations in India.

The founders of the startup are all CAs with heads-on experience of more than 10 years in consulting and taxation. Khushboo who is 30, heads the taxation team and is the in-house GST expert. Pranit who is 31, heads the India Entry services and advises NRIs and foreign companies on establishment of business in India, offshoring operations, and managing compliance.

ADVERTISEMENT

He further assists mentioned companies, including Bajaj Finance. Ritesh who is 30, heads the financial management vertical. He also has been the virtual CFO to more than 20 foreign subsidiaries, and has been active in the Indo-German Chamberof Commerce. Rohit is further on the hook for fund raising, M&A guidance, and business development. He is the director to overview conformity at many companies that involves Domino’s Pizza.

Business Setup recently became a 45-member team functioning across offices in Pune, Mumbai, and Bengaluru. The average age in the organisation is 28 years that frequently marks client acquisition a threat. It demanded Business Setup, several rounds of meetings, calls, and making impressions to achieve their first 10 clients. Currently, it administers more than 1,000 clients, and mentions to lend their hand to more than 1,500 clients to register their business.

The startup’s list of clients also involves startups such as Turms, Northmist, Schoolay, Rapawalk, and Heelium. It has been a cold boot since the initiate, with the co-founders investing only Rs 11,000 each. “Based on future growth and funding strategy, we provide structuring solutions to establish the business,” claims Rohit.

Tags: BusinessBusiness SetupIIM AhmadabadPune startupsStartup IndiaT-Hub
Share7Tweet4Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

How Cloud Computing reshapes businesses?
Startup news

Siply raises $1 million in Seed Round led by Inflection Point Ventures

January 12, 2021
HobSpace raises 1cr in Pre Series A1 from Inflection Point Ventures
Startup news

HobSpace raises 1cr in Pre Series A1 from Inflection Point Ventures

January 7, 2021
qZense, an agritech start-up secures INR 4.5 Cr seed investment
Startup news

qZense, an agritech start-up secures INR 4.5 Cr seed investment

December 30, 2020
The One-Stop Relocation Platform – HappyLocate
Startup news

The One-Stop Relocation Platform – HappyLocate

December 29, 2020
Bancolombia Chooses SunTec’s SaaS for Enterprise Pricing Solution
Startup news

SunTec Names Top Trends for Banking and Financial Sector in 2021

December 29, 2020
Trading 2020
Startup news

How have the hottest 2020 tech IPOs have fared since inception? By Jasdeep Singh

December 27, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

Get Maximum Benefit from your LinkedIn App using Piwaa
Tech news

Get Maximum Benefit from your LinkedIn App using Piwaa

by Srikanth
January 16, 2021
chatbot customer service
Tech news

25 Virtual Assistant Services You Can Offer Your Clients

by Sony T
January 14, 2021
Learn how to set up automated security testing
Tech news

Majority of DDoS Attacks in 2020 – StormWall Report

by Srikanth
January 14, 2021
Broadband – Types & Their Benefits to Cloud Computing
Tech news

Broadband Connection – Types & Their Benefits Explained

by Sony T
January 14, 2021
5 Ways to Optimize Your Home for Cloud Gaming
Tech news

5 Ways to Optimize Your Home for Cloud Gaming

by Sony T
January 13, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.