Thanksgiving wishes from SimplyBiz
Thanksgiving wishes from SimplyBiz
On the occasion of Thanksgiving Day, SimplyBiz takes the opportunity to whole heartedly thank its clients, its employees, its business associates, its trusted partners and its well wishers for their incredible support.
The year 2022 was a rebound year after the havoc COVID-19 pandemic played since early 2020. As per the latest Morgan Stanley Research report (Published recently on 8th November Titled -India’s Impending Economic Boon), in a world that is currently starved of growth, India is on track to become the world’s third largest economy by 2027, and it will have the third largest stock market by 2030. It is therefore considered that this is India’s Decade. This will usher a lot of opportunities for Indian Businesses and to the various service providers.
We are glad to have launched SimplyBiz in May, 2022, in the year of recovery, hope and optimism and since the last six (6) months, there is a lot of action happening at our end. SimplyBiz has been formed with the mission to simplify your business functions. Through this mailer, we intend to share with you the key updates from our brief journey since the launch and our strategic growth plans that will take us to newer heights in the coming years.
Business Strategy – The overall industry is undergoing rapid changes and it has become essential to continuously refine our strategies and sharpen our capabilities. While responding to these changes is imperative, anticipation of the future shape of the industry and taking steps today, to rightly position ourselves is extremely important. Therefore our business strategy has also evolved.
SimplyBiz has in its endeavour to offer quality and consistent services to its clients is treading the path of democratization of expertise and productization of services which it believes will bring significant value to its clients. A few of our service offerings that are being productized to deliver better quality and experience are Transaction Advisory for fund raising, Business Setup, Entity Management, Corporate Governance and Secretarial compliances and Buy Back of shares.
SimplyTransact is our Transaction Advisory product catering to the Investors and Investee companies (seed to growth stage companies). The broad coverage includes structuring, negotiating and drafting of definitive agreements, undertaking due diligence and closing.
SimplySet-up provides solution for Overseas businesses and Foreign Investors for setting up their business in India. The services cover complete Advisory, Assistance and Execution relating to set up so as to ensure the business owners can start hiring people and commence business activities.
SimplyFACT is a one stop shop solution for early stage and growth stage companies (Primarily in Technology, Tech enabled and Service sector) to manage their Finance, Accounting, Compliance, Tax and Payroll functions including reporting’s to Management and the Investors on a subscription model.
SimplyCorp provides complete advisory and end-end compliance support for Buyback of shares. We can assist companies which intend to undertake Buyback of shares for consolidation of ownership, or return excess capital to the shareholders or discover the real value of its shares, or for bosting its key financial ratios.
SimplyBuyback offers a complete solution with end-end management of Corporate Governance & Secretarial Compliances broadly covering Board Management, Shareholder Management, Regulatory Reporting, Cap table management & dilution on a subscription model.
We are now going to focus on these products, which shall be our core service offering and we will use technology and broad skillsets needed to go after these products and market them. We see an immense potential to scale up these products. We are constantly looking at how we leverage technology to serve our clients better and give them better experience. In line with this, we are working with our technology partner and you shall see some significant developments in next few months.
Team – Starting with the objective of broad basing our services, we focused on building a bigger and diverse team of professionals more so in the Accounting, Tax and Payroll vertical. We have also put in place an HR Function supported by a Chief HR Advisor as we consider our team as our biggest asset who need to be trained and empowered. Corporate Legal and Compliance has always been our forte and our team of professionals handling compliance, continue to do a great job. We currently are a team of 30+ professionals from multi-disciplinary backgrounds like Chartered Accountants, Company Secretaries, Lawyers and Management graduates having deep knowledge and competency and the team is based out of various locations like Hyderabad, Delhi, Bangalore, Chennai & Mumbai.
Though SimplyBiz is an infant in terms of age, but our dreams are big and we hope to be honoured with your continued support to take our voyage to many more shores of success and growth. Our company vision is strategically focused on clients, technology, quality, employees, social responsibility, and we will always work towards it.
It has been a privilege to chart this journey with our dedicated team, who are our biggest strength and their contribution is immensely valuable. Last but not the least, I would like to once again express thank you to you for believing in us and for your support to us. We remain committed to offer the best of our services, skills and expertise to all our valued clients. Please do reach out to us for any requirements on our products.
Gunturu Raghu Babu
Founder, SimplyBiz Private Limited