Page 40 - 10 Most Promising Virtual CFO Service Providers 2020
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10
Most
TRACKBALL Promising
Virtual
CONSULTANCY CFO
Service
Providers
2020
everywhere. services to Israeli companies to
help set up their business in this
Ambitious persona: country.
Amit V. Desai Differentiating factor:
Is a Chartered Accountant with “If any company is looking to
more than 10 years of professional acquire any business inside or
experience? He started his outside India, we help them in
professional career by joining identifying the target audience
B.K. Khare & Company, Pune, and accordingly help them
a reputed Chartered Accountants in negotiating a better price.
firm in India. He was a part of We started in 2001, with the
statutory audit team for Listed pharmaceutical industry, and then
Public Limited Corporates like moved on to chemicals, auto,
Thermax Limited and Indian Card software, auto dealerships, textile,
Clothing Company Limited. He has clinical research, machine tools,
also worked extensively for clients IT, photographic software, and
Dilip Limaye like Dai Ichi Karkaria Limited, a others. We also have clients in the
Senior Advisor listed Public Limited Industrial marine engineering sector. So,
Chemicals Manufacturing
it’s a variety of segments we are
Company. covering.”
Expertise leads, with expertise in
place. Having over 34 years of Initial challenges: The Impact Created:
experience and 17 years of industry
experience in senior management Initially, Trackball was a purely It was in the year of 2007, when
roles with companies such as investment company but with some American start-ups wanted
ICICI, Birla Global Finance the onset of 2001, it diversified to set up their operations in India
and Tata Finance, Milind Desai its services and moved further to in clinical research, the activity
entered the Advisory Board of areas like mergers and acquisitions, of helping American companies
Trackball Consulting Services business management, process also began. According to Mr. Amit
Private Limited in 2001 with an engineering among several Desai, for a startup, 40-50 percent
emphasis on financial consulting. others. The company also started of the time goes into regulatory
With the advent of 2001, dormant identifying and statutory compliances and they
innovations were released and Profitable products for the Indian are unable to focus on the core
the company began to provide market that can be outsourced product or services of the company.
offerings through various business from countries abroad. One such Trackball has helped numerous
processes sectors. “We are trying instance is while working with start-ups like these who wanted
to keep the client in the middle one of the Indian companies, it to have an outreach in the Indian
and decide whether he needs retail, identified medical devices in Israel market and presence as
production, financial or regulatory that could be helpful for the Indian
assistance. We hold the skills market and hence the company Well. “We helped them by taking
and are able to assist him across carried out marketing for those care of most of the statutory
all categories. In any area of a products in India on behalf of that and legal compliance activities
company, one can push the cursor (including Accounting, Finance&
Indian Company thus providing banking,) of the organization so
40 February 2020
