Startup & Corporate CFO’s: Creating Tactical Strategies
As the Indian economy evolves around #digitisation & technology, CFOs having a sense of business & finance need to navigate the challenging & natural #synergies.
While corporateIndia had leveraged debt significantly in the past and started derisking later in the period 2005 to 2015, it is time now to leverage startups for growth in the ever folding technology edge and #digitalera.
Affordable CFOs on Rise
Can you imagine a company without a CFO? Not really, but lately, outsourcing the CFO function is trending amongst firms to improve financial discipline. This is empowering entrepreneurs, as Peter Drucker, the father of management said, "Do what you do best, and outsource the rest." Why is there a rise in shared CFO services? Why are startups, SMEs are hiring virtual CFOs? ETCFO explores.
IxCFO Services P. Ltd. is pleased to announce tie up collaboration with National Entrepreneurship Networkhttps://www.vccircle.com/wadhwani-foundation-floats-accelerator-programme/
The National Entrepreneurship Network (NEN), an initiative of Wadhwani Foundation, launched the country’s firstever Global Network for Entrepreneurs (GNE). The GNE would support aspiring entrepreneurs, early and growth stage entrepreneurs, and SMEs with accelerator and scalerator programmes curated mentors, advisors and consultants, trusted service providers and investors. @ IxCFO Based on our rich eco-system around SME with unique impactful engagement on best of financial practices validates our collaboration.
Had an great opportunity to discuss way ahead path after deomonestisation and how year 2017 looks like on the shadow of 2016 steep reduction in valuation/fund raising. Here are some photograph.
VC Circle event on Start-ups summit, " Selective" & " Realistic" valuation is key for funding across sectors with clear defined matrix on topline, bottomline & exit.
However, Fintech will see upside due to gradual formalisation of economy & this trend will continue in rising " Fin-Tech" funding for this year as well.
IxCFO Partnered with VCCircle FinServ 2016 event at Mumbai on 28th July. Number of participants interacted on current trend and how our CFO Services can be useful to them.
Walking up a mountain is never easy. Walking up a mountain with weight on your back is even more difficult. Walking up a mountain with weight on your back and no markers to the summit is scary and nearly impossible.
While walking up mountains, instead of focusing on the scenery, people usually focus on how tired they are. Instead of focusing on the smell of the fresh air, the thoughts of “Why am I doing this?” become the focal point. But after a while, if you keep going, the journey and the climb – not thoughts of reaching the summit – become the focal point. The journey up the mountain is where the learning takes place; it's what makes the summit enjoyable.
IxCFO is Supporting Partner : To address the various aspects and emerging issues related to Ind AS, ASSOCHAM is organizing 2nd National Seminar on “Indian Accounting Standards – Issues and Challenges in Implementation” on 12th February 2016, at Mumbai.