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Showing posts from January, 2023

The changing role of accounting firms in India's startup ecosystem

The startup ecosystem in India has been rapidly growing in recent years, with more and more entrepreneurs launching innovative new businesses. As this ecosystem evolves, the role of accounting firms has also been changing. In this blog post, we will explore how accounting firms are adapting to support the unique needs of startups in India. One of the most significant changes has been the increased emphasis on early-stage support. In the past, accounting firms primarily focused on providing services to established businesses, but today they are also working with startups in the seed and pre-seed stages. This has led to a shift in the types of services offered, with firms now providing more support for fundraising and financial modeling. Technology - Another important change has been the use of technology. As startups often have limited resources, accounting firms have been leveraging technology to provide more efficient and cost-effective services. This includes the use of cloud-based a