Organicfood is a Private Equity (PE) invested fast growing Indian company in the supply chain space. Organicfood’s business model is to procure, store, process and on – sell the produce from farmers to the end consumers. The company takes on the responsibility of guaranteeing marketability of the farmer’s produce and also ensuring that the produce meets the highest standards. Continue reading
IndFrag is an 80 year old, $ 100mn Indian group and the industry leader in industrial fragrances and flavours. The company is based in Mumbai having manufacturing capacities in Mumbai, Gujarat and Netherlands.
MyCFO assisted the company in a comprehensive change management project from a Promoter managed to a Professionally managed company. MyCFO was involved preparation of MIS reports, preparation of financial statements under local GAAP, analysis of product and business profitability, project managing the implementation of an ERP, preparing the data room for potential PE partners. Continue reading
This article is useful to PE Funds and CXO’s of PE invested companies who are eyeing an exit in the next 12-18 months and looking to strengthen/ streamline decision support systems, squeeze cost reductions, enhance governance mechanisms, implement risk management systems which will help them build a case for better valuations closer to the date of an exit either through listing or through sale to another PE fund.
How does a company get itself exit ready? Unfavorable market conditions and not so good business environment are today stated as primary reasons for PE funds and companies not being able to get an exit. A recent article in the Economic Times states that there are close to 630 PE invested companies, which are waiting for an exit. There is pressure and Continue reading
This article is useful to CXO’s of High Growth companies who want to lead their companies to the next level of growth and recognize that they need modern, experienced and professional finance skill sets to support their vision. This is particularly true for CXO’s of companies, which are PE/VC invested and where existing Finance and IT systems have not kept up pace with the rapid scaling of the business.
Can Robin’s energy and passion alone get him to scale up his business in a sustainable manner? Here’s how Robin managed to do this by investing the right time, energy and bringing people who could relate to his vision. Continue reading
With over 90% of the businesses run in India promoted, owned or managed by families, is it possible for an ‘outside professional’ to play the role of CFO?
Do such businesses require a ‘professional CFO’ in the first place? Is it possible for a CFO to operate independently and yet win the trust of family promoters? How can a CFO from a structured corporate environment make a tangible difference to family managed companies?
Professional, leader and challenge seeker, best describe the journey of Debasis over the last 21 years of his working life. Netxcell provides various voice and data provisioning services including Customer Lifecycle Management service to almost all major telecom operators in India, managing a subscriber base of more than 400 million. Under his leadership, Netxcell has started its operations in Africa through Netxcell Mauritius Ltd (NML).
His emphasis on Intellectual Property Rights helped Netxcell file several products / services for Patent, Service Mark and Copyright. Debasis has been a speaker in many national and international telecom conferences, engineering colleges and management institutes. Debasis is a doctorate in Science with AMP from IIM Bangalore and Dip. in Patent Law from NALSAR. He is the recipient of Indira Super Achiever Award.