FRACTIONAL CFO · SERIES A TO C

The finance function you need at ₹40 crore ARR, four years before you can afford to hire it.

Two days a month with a CFO who has closed eleven funding rounds and two acquisitions. Board packs that survive a diligence process. A model your investors do not have to rebuild.

Arrange an introductory call
Rohan Mehta, founding partner at Ashgrove

Rohan Mehta, FCA Founding partner

11
Rounds closed
₹1,840 cr
Capital raised for clients
2
Exits advised
9
Current engagements

Three ways firms use us

I.

Raise readiness

Ten to fourteen weeks before a round. We rebuild the model, clean the cap table, assemble the data room and sit in the diligence calls. Founders stop losing three weeks to a question about 2024 revenue recognition.

II.

Steady-state finance

Two days a month, indefinitely. Monthly close in five working days, a board pack that says what happened and why, and a rolling thirteen-week cash forecast that has never been wrong by more than 4%.

III.

Handover

You are ready for a full-time CFO. We write the brief, sit on the panel, and stay for the first ninety days so your new hire inherits a working function instead of an archaeology project.

“We had eleven days of runway visibility and a spreadsheet three people had edited. Six weeks later we had a model our lead investor used unchanged in their IC memo. That is what we paid for.”

NS

Nikhil Sanghvi

Co-founder, Crestworks (Series B, ₹210 cr)

What arrives in month one

  1. A three-statement model, driver-based, no hardcodes below row 12
  2. Thirteen-week cash forecast, updated weekly
  3. Clean cap table with a fully-diluted waterfall
  4. A monthly close calendar with named owners
  5. The first board pack, drafted by us and edited by you

What we will not do

  • Bookkeeping — we work alongside your accountant, not instead of them
  • Statutory audit or tax filing; independence matters more than fee income
  • Sign a projection we do not believe, for any investor, at any valuation
  • Take equity in lieu of fees. It ends badly for both sides

Fees, published

Steady-state retainer+

₹2.8 lakh per month for two days, ₹4.9 lakh for four. Thirty days' notice either way, no minimum term, no annual uplift clause.

Raise-readiness engagement+

₹9.5 lakh fixed for the fourteen-week programme, invoiced in three instalments. No success fee — a percentage of the round is how advisors end up arguing for the wrong deal.

What if we are pre-revenue?+

We will usually say no, kindly. Below about ₹6 crore ARR the honest answer is a good accountant and a simple model, and we will point you to two people who do that well.

Do you work outside India?+

Ind AS and US GAAP, yes. IFRS reporting for a UK or Singapore holdco, yes. Anything requiring a local statutory signature, no.

Arrange an introductory call

Forty-five minutes, no charge, no deck. We will tell you honestly whether you need a fractional CFO yet.

Email address
you@example.com
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