Nimish Kahakar,Co-Founder, Affluence

Since India's liberalization in 1991, the influx of global capital has been transformative, with both administrations playing pivotal roles in positioning the economy where it stands today. Foreign Direct Investment (FDI) has surged from a modest USD 97 million in 1991 to an impressive USD 82 billion in 2021, driven by a series of reforms that have made India a preferred destination for international investors. As patent capital continues to flow into the system and regulatory reforms evolve, businesses face increasing pressure to ensure transparency and meet stringent compliance standards.

Financial regulatory compliance experts provide professional services in this ever-changing environment, such as counseling on regulatory changes, auditing companies, and ensuring they adhere to the most recent international standards. With large firms dominating the consulting landscape, it is challenging for SMEs and MSMEs as these enterprises struggle to access advisory services due to the high Fees and scale of larger firms. This creates a significant gap in the market, one that Affluence Advisory bridges by offering a comprehensive range of services under one roof.

Based out of Mumbai, Maharashtra, Affluence Advisory a full menu practice service firm, The firm is equipped with a team of Chartered Accountants (CAs) and Company Secretaries (CSs), alongside specialists in corporate finance, legal, and taxation. Its team also include experts in structuring, FEMA regulations, debt syndication, restructuring, digital transformation, operations, go-to-market strategies (GTM), valuation, treasury, and risk advisory. “This broad expertise allows us to meet the diverse and complex needs of SMEs, ensuring that clients don’t need to seek assistance from multiple firms or jump shops”, says Subhamoy Chatterjee.

With Affluence Advisory’s wide array of services, SMEs gain access to high-quality, cost-effective advisory solutions that are typically out of reach when working with larger firms and all under one roof.

A Client-Centric Approach

Affluence Advisory is a multidisciplinary firm offering a wide range of services, providing comprehensive support to clients across all their needs. With direct access to the partners and their expert teams, clients benefit from an entire ecosystem that is well-positioned to deliver comprehensive, one-stop solutions. Whether its compliance, consulting, financial requirements, or solving complex problems, we take full responsibility of the engagement, allowing businesses to focus on their core operations.

The firm brings unparalleled expertise to the market, with a team boasting a cumulative experience of 170 years across diverse sectors. The firm’s services are delivered by highly qualified professionals who take full responsibility for each client’s journey, providing complete handholding through every stage of their requirement.

Affluence offers a comprehensive range of services, including Valuation, Due Diligence, ESOP structuring, RBI/FEMA Compliance, NBFC Registration and Compliances, Corporate Restructuring, M&A, Slump Sale Foreign Entity Advisory, Fintech Solutions, Company Secretarial Compliances, SEBI Registration and Compliances, Stressed Asset Resolution under IBC, Initial Public Offerings, Direct and Indirect Tax Compliance, Accounts Outsourcing Services, Risk Advisory, Start-up and MSME Advisory, Assurance and Transformation practice

What sets Affluence apart is its client-first approach, ensuring that each service is tailored to meet specific requirements, delivered with precision and a commitment to excellence. Affluence Advisory’s holistic solutions ensure clients can focus on their business and create value for its stakeholders, knowing they have strong backup in all aspects of regulatory, compliance and financial advisory.

With customer-centricity at the core of the organization, a prospective client should partner with Affluence Advisory due to its unmatched combination of expertise, versatility, and dedication to client success. Affulence Advisory takes full responsibility for guiding clients through every step, offering complete handholding throughout any matter that are being refereed to the company. Its approach involves assisting in decision-making, presenting alternate solutions, and providing a 360-degree view before recommending the best course of action. The firm's deep understanding of each client’s business ensures that we deliver tailored, simple & flexible and exercisable solution that meet both immediate and long-term needs.

Team is committed to delivering client-centric service, guided by senior partners and industry experts. They leverage cross-border network to provide valuable insights, enabling the firm to craft innovative solutions that address clients' unique challenges and evolving needs.

The company emphasizes both pre- and post-service delivery, transparency, incorporating scheduled client visits by the team, conducting masterclasses on recent regulatory changes, and maintaining a robust feedback mechanism as part of the organization’s KPIs.

“Our commitment to client first approach, availability of team and partners, clarity on thoughts, and a policy of never overselling ensures seamless service delivery and lasting trust”, asserts Anand Shroff, Affluence Advisory.

Strategic Growth and Innovation

Affluence Advisory has seen remarkable growth over the years, expanding its client base across diverse sectors and regions. The firm has further strengthened its advisory team with people partnering us from globally recognized and reputable multinational corporations. The firm’s mission has always been to provide comprehensive solutions to meet the evolving needs of its clients.

Affluence Advisory aims to enhance its service offerings by incorporating advanced technological and digital solutions to better serve its clients. “The firm is also focused on expanding its advisory services and exploring domestic and international markets. Additionally, Affluence plans to strengthen its capabilities by investing in Talent and Technology and staying at the forefront of emerging industry trends, ensuring it remains a trusted partner in an evolving financial landscape”, signs off Nimish Khakhar.