What a Virtual CFO does for you
Most early-stage companies have bookkeeping and a tax consultant. What they don’t have is someone who turns those numbers into decisions — how much runway you really have, which channel is actually profitable, and what investors will ask in the next board meeting. That is the job of a Virtual CFO.
- 3-statement financial models — P&L, balance sheet and cash flow, linked and scenario-ready.
- Monthly MIS and board packs — a consistent monthly close with an investor update deck your board can read in ten minutes.
- Runway and burn monitoring — cash forecasts that flag problems months before they become emergencies.
- Unit economics dashboards — CAC, LTV, contribution margin and payback, by channel and cohort.
- Budget vs actuals — variance tracking and quarterly reforecasting.
- Compliance oversight — GST, TDS, advance tax, ROC and FEMA calendars owned, not chased.
Who it’s for
Virtual CFO support works best for companies that have outgrown “the CA does our returns” but don’t yet need (or can’t yet justify) a full-time CFO:
- VC-backed startups from seed to Series A that owe investors regular, reliable reporting.
- Founders preparing to raise and needing an investor-grade model and data room.
- Companies with foreign shareholders or a US / Singapore / UAE parent, where FEMA and cross-border reporting add complexity.
- Family offices and growing businesses that want institutional-grade reporting.
Based in Mumbai? See Virtual CFO services in Mumbai. Parent company abroad? See fractional CFO for startups.
Not sure which you need? Read Virtual CFO vs full-time CFO.
How an engagement works
Diagnose
Review of books, cash, compliance status and investor commitments. You get a short list of what’s broken and what matters.
Build
Chart of accounts, monthly close process, model and MIS templates set up around how your business actually makes money.
Run
Monthly close, board pack and investor updates, runway reviews and a standing finance call with the founders.
Why work with Durgesh
Durgesh Chavda is a Chartered Accountant (ICAI) and Managing Partner at Finvy. He has been Finance Head / Virtual CFO at Stimuler, an AI-driven EdTech company, since December 2022 — where he led and closed a USD 3.75M Pre-Series A end-to-end and built its FP&A, board reporting and FEMA compliance from the ground up.
Foreign company with an Indian subsidiary or Indian customers? See Indian subsidiary compliance and India tax for foreign companies.
Virtual CFO by city: Mumbai · Bengaluru · Gurgaon & Delhi NCR · Hyderabad · Ahmedabad · Rajkot.