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Arthtech Consultants Private Limited (ACPL) foreign projects, the firm services industries
was established on January 4, 1990, with the such as manufacturing, real estate, heavy
purpose of developing a business comparable engineering, agriculture, service, and hospitality,
to Engineers India Limited (EIL) - where work among others.
would be done on a whole project. CAs are With the Indian start up ecosystem thriving
normally involved in auditing, but he wanted like never before, ACPL is assisting these
to try something new. Instead of audits, the organizations in establishing themselves and
company focused on consultancy, offering providing support through the Start Up India and
services such as corporate law, loan sanction, Make in India initiatives. As a member of the
and personal financial advisory to help clients Indian Science and Technology Entrepreneurs
make business decisions. Parks and Incubation Association (ISBA), the
ACPL established a solid foothold through firm assists both incubators (Outsourcing
IMOS (Integrated Management Solutions), a in F&A, financial Advisory, and funding/seed
collection of genuine management services that funding) and incubates in crystallizing project
handles non-core yet critical duties. These core ideas through the business plan, project
responsibilities include finance and accounting, feasibility, structuring start-ups, strategic
corporate law, legal and human resources, and consulting including Virtual CFO, and others.
many others. The holistic platform IMOS is Mr. Agharkar overemphasizes how important it
delivered by a cross-sectional team of seasoned is for all businesses to identify their area in order
individuals who cater to various industrial to thrive in the global economy. “The SME sector
segments with their knowledge. Based in Pune accounts for the vast majority of business units
and with operations in major cities such as worldwide.” Often, such organizations lack the
Bangalore, Mumbai, Hyderabad, and Dubai, the means to create dedicated in-house teams to
company plans to expand into Tier-II and Tier- handle finance, legal, and human resources
III cities and create a PAN India footprint in the demands. They fail due to a variety of causes,
next coming years. including a lack of a welldefined chart of
The organization is a pioneer in its offering; accounts, a costing system, budgeting, internal
it received significant recognition when a controls, financial understanding, and a lack of
majority stake in two client companies where professionalism on the part of management,”
ACPL outsourced CFO was acquired by one argues Mr. Agharkar. As a result, ACPL has
of the world’s largest filtration companies, established the SME KONNECT project, which
based in Italy, and one of the world’s largest provides free “as-is-Analysis” of SMEs in
mould making companies, based in China. The order to help them focus on their business
firm has a global reach and delivers value to a and manage and systematically grow their
diverse client base that includes corporations businessoperations.
from Austria, Canada, the United States, France, Despite his many successes and
the United Arab Emirates, and Singapore that accomplishments, Mr. Agharkar did endure
have established either 100% subsidiaries or certain obstacles and hurdles. There were
joint ventures in India.The organization has ups and downs, but that didn’t stop him from
a customer-centric strategy, with the major creating and effectively implementing one-
commitments being personalized services and of-a-kind practical business solutions to
prompt delivery. The organization examines crucial difficulties affecting a company. Along
the client’s financial accounts and business with ACPL, Mr. Agharkar founded Arthtech
processes, performing an as-is analysis and Knowledge Solutions, which provided young
identifying gaps to highlight the primary graduates with the skills they needed to enter
issue areas, before coming up with practical the sector. However, owing to unforeseen
and feasible remedies and assisting in their circumstances, the company was forced to
implementation. Working on both domestic and close, but Mr. Agarkar is eager to relaunch it
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