What Clients Say About Us
We are pleased to acknowledge the support provided by M/s Affluence Advisory Private Limited (“Affluence”) in connection with the change in shareholding and control of the Company and the fund raise resulting in total capital of ₹215 crore.
Affluence played a key role in obtaining the requisite prior approval from the Reserve Bank of India (RBI) for the proposed change in shareholding and control. Their assistance included transaction structuring, preparation and review of regulatory documentation, submission of the RBI application, addressing regulatory queries and coordinating with the RBI throughout the approval process. They also supported the preparation and documentation for the fund raise.
Their understanding of RBI regulations, NBFC compliance and corporate laws, coupled with a practical and solution-oriented approach, was valuable in successfully completing the transaction.
We sincerely appreciate their professionalism, responsiveness and commitment and would be pleased to recommend Affluence for regulatory approvals, corporate transactions and fund-raising mandates.
Mr. Pankaj Poddar
MD & CEO of Business Nextgen Finance Private Limited (BNF)
We met Affluence when they were advising Mumbai Oncocare (our portfolio company) on their fund raise. During the course of this investment journey, we were exposed to the 360 degree approach that Affluence and CA Nimish Khakhar brought to the table which was not merely limited to due diligence and modelling but went way beyond in terms of regulatory compliances, MIS development, Finance and Account support, secretarial support and so on. We were extremely relieved and pleased with the post investment support that they continue to give to Mumbai Oncocare. We actively encourage our portfolio companies to evaluate Affluence’s service offerings and have already co-opted them with some of our other portfolio companies. Affluence does a great job of identifying gaps and help bridge the same with its committed and professional approach to the tasks that they undertake. I look forward to building on this partnership with Affluence.
Mr. Vamesh Chovatia
Partner, TATA CAPITAL Healthcare Fund
The team at Affluence Advisory Services played an important role in helping us draft various applications, including that for applying to the RBI for registration as an NBFC. Ably led by you, the team has a thorough understanding of regulations and procedures. Their approach is very professional, proactive and they respond promptly to all queries. Our entire experience during the above process was seamless and solution oriented. Due to this pleasant experience, we continued to seek the guidance for all subsequent engagements wrt secretarial and regulatory compliances as well.
We thank you and your team for the continued support and good wishes. We are happy to recommend you to organisations/ individuals seeking guidance on regulatory/ secretarial/ corporate affairs matters.
Utpal Isser
Co-founder, MD and CEO of Sarvagram Fincare
We are incredibly grateful to Affluence and their team for their exceptional support in streamlining and helping us navigate the complexities of RBI and secretarial compliances. Their in-depth knowledge and clear guidance have not only made the process more understandable but also allowed us to stay fully compliant.
What truly sets Affluence apart is their unwavering support, even during challenging times. Whether it’s responding promptly to urgent queries or providing proactive advice, they’ve always been there when we needed them most. Their professionalism, expertise, and dedication have been invaluable to us, and we look forward to continuing our successful partnership with them.
Thank you, Affluence, for being a trusted and reliable partner in our growth!
Pooja Jain
AVP – Finance, Vivifi India Finance Private Limited(Hyderabad)
Affluence Advisory provided end-to-end Services to us for obtaining NBFC registration from the Reserve Bank of India. The Affluence Advisory team has demonstrated a very professional approach in delivering the Services throughout the engagement. They very well understand the RBI requirements and guided us meticulously for documentation, disclosures, and regulatory representations. Affluence Advisory has been very transparent in the entire engagement and we have not received any surprises in dealing with them.
Owing to their disciplined execution, efficient coordination, and professional handling of RBI interactions, we successfully received the RBI Certificate of Registration within approximately three months. We strongly recommend Affluence Advisory for NBFC licensing and other RBI-regulated advisory assignments.
Hemant Dharnidharka
Promoter & Director, Dhanayu Finance Private Limited(Bangalore)