About Us

Arham AdvantEdge Private Limited (AAPL) is a management consulting company founded in 2019 by entrepreneurial Chartered Accountants from Big 4 consulting firms with a collaborative vision of building one of the finest professional services company in India.

Our solutions are focused to deliver deep expertise, objective insights, a tailored approach, and unparalleled collaboration to help leaders confidently face the future. Our solutions span across financial & accounting advisory, risk management, transactions including M&A and fund raising advisory, capital markets (IPO) advisory, and technology solutions.

With the business & regulatory landscape evolving rapidly, requiring organizations to adapt continuously, the need of the hour is a focused and agile company that can help organizations navigate through complex issues. With an experienced team of professionals, we aspire to fill this gap and assist organizations unleash their true growth potential.

Served Large Corporate & BFSI Clients in India & Overseas
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Trained Corporate Professionals, Bankers & Investors
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Successfully assisted large IPO transactions for issue of ₹3,500+ crore
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ECL modelling & Valuation advisory for BFSI clients with AUM
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Our Journey

Our Journey Infographic

Training

In today’s world of gloabalisation and cross-border business transactions, the need of a company is to have knowlegeable personnel who understand the global transactions and their accounting treatment. At AAPL, understanding this need, we have set up a dedicated learning solution and knowledge management practice catering to corporates, senior management personnel, aspiring individuals in the accounting & finance field, regulators, and students among others.

Over the years, we have have trained more than 200,000 investors, bankers, tax officials, brokers and financial market intermediaries in derivatives and equity investing.

Valuations

With the changing world, the focus is more on Financial Services/Instruments, Investments, and other related fields. All of these are very much dependent on Valuations for analysis and decision-making.

We specialize in the Valuation of Businesses and financial instruments including derivatives, options, embedded options, swaps, cross-currency transactions, and unlisted equity for various large corporates totaling more than USD 15 billion per annum.

Risk Management For BFSI

AAPL caters to a large number of Banking and Financial Institution clients. For the financial services industry, risk management is a very important area both for current and future performance as well as risk assessment.

To support our clients in this important and relevant area, we have a widely focused risk management advisory practice including Expected Credit Loss (ECL), Macro-economic factor advisory and simulation, Derivatives valuation and effectiveness testing, BASEL related Compliances, Risk management policy among others. Over the years, we have supported our clients with ECL modeling and advisory for companies with a total asset base of over INR 750,000 Crores.

Meet the team behind arham advantedge

Core Team

Mithul Shah

Founder & Director

An experienced professional with 12+ years, he has been a consultant to several large corporate and BFSI clients in areas like capital markets, fund raising, and financial accounting advisory both in India & Overseas. He is a member of the faculty team of the Accounting Standard Board (ASB) of ICAI and a subject matter

Nitin Jain

Non-Executive Director

An experienced professional with 13+ years, he has worked with KPMG in its Advisory services before venturing into entrepreneurship. He specializes in capital market advisory, transaction advisory including M&A, fund raising, and financial & accounting process automation advisory & has led several

Jeff Richardson

Associate

Jeff Richardson joined as an Associate at Arham AdvantEdge, where he is dedicated to advising listed and corporate clients on the areas of risk management, valuations and accounting advisory. A graduate of Bishop Heber College, Trichy, with a B.Com and is currently pursuing CFA. Prior to joining Arham AdvantEdge, he worked as an intern at Marmore MENA Intelligence,

Ms. S Padmavathi

Senior Manager

S.Padmavathi joined as a Senior Manager at Arham AdvantEdge Private Limited, who specializes in valuation, IND AS convergence, and IPO management. With a CA (Inter) qualification and extensive experience in financial reporting, audit compliance, and corporate finance, she helps businesses navigate complex transactions and regulatory frameworks.

Our valuable

Advisors

Raghu Iyer

B COM., ACA

Jignesh Kamdar

B COM., ACA

Raghu Iyer

Raghu Iyer is a seasoned and highly respected industry professional, academician, and leader with 35+ years of experience in financial services. He runs a successful audit and advisory organization  covering 

Dipti Raman

B COM., ACA

Our Strategic

Partners

Knowledge Partner

Raghu Iyer Associates (RIA) is an established and reputed chartered accountant firm in Mumbai. The firm was founded in 1985 by CA Raghu Iyer. Mr. Raghu Iyer is a seasoned and highly respected industry professional, academician, and leader with 35+ years of experience in financial services. Mr. Iyer has been a distinguished faculty with top-ranking B schools like S P Jain and Great Lakes for 25+ years. Also, in close association with CRISIL, he

Knowledge Partner

Mefcom Capital Markets Limited is a team of seasoned investment banking professionals. MEFCOM acts as a catalyst of growth for various MSME to large-size companies across diverse sectors. As a SEBI-registered Category I Merchant Banker, MEFCOM offers comprehensive issue management services for a wide range of transactions, including IPOs, FPOs, QIPs, Rights Issue, Open Offer, NCDs, InvIT and REITs, Delisting, Buy Back and more. 

Technology Partner

Avati Consulting Solutions (P) Ltd., India is a niche company providing specialized products in the BFSI risk domain with special focus towards the Middle East, India & Levant region. AAPL’s deep expertise, industry knowledge, and tailored approach for BFSI & other sectors combined with Avati’s proven international/global cutting-edge risk frameworks and tech platforms provide an efficient & globally competitive synergy covering consulting, products,

Knowledge Partner

Poonam Ankit & Associates brings in expertise in areas of Taxation including litigations, Assurance & Audit and Compliance services headquartered in Chennai and catering to client across India. Poonam Ankit & Associates domain experience, industry knowledge along with AAPL’s proven global industry reach and experience in accounting & financial advisory, risk management and other consulting areas provide an competitive synergy to provide end-to-end services to its clients under a single umbrella.

Knowledge Partner

Endpoint specializes in the areas of management process audits, inventory & fixed assets verification, and book-keeping compliance services providing these services to their clients catering to various locations across India. AAPL’s partnership with Endpoint enables it to assist its client to streamline and verify various important and relevant management process which has relevance in financial reporting.

Get in touch with us

Reach out to us by filling out the form or mail us at mithul.shah@arhamadvantedge.com

Our location

M/s. Arham AdvantEdge Private Limited
A Management Consultancy Company
Unit No. 207, Second Floor, "A" Block,
Shivalaya Building, Opposite Egmore Post Office,
No. 91, Ethiraj Salai Road, Egmore,
Chennai, Tamil Nadu - 600 008

Arham AdvantEdge

Contact
Mr Mithul Shah

+91 98401 51891

mithul.shah@arhamadvantedge.com

Mithul Shah

Mr Nitin Jain

+91 98400 84477

nitin.jain@arhamadvantedge.com

Nitin Jain

An experienced professional with 12+ years, he has been a consultant to several large corporate and BFSI clients in areas like capital markets, fund raising, and financial accounting advisory both in India & Overseas. He is a member of the faculty team of the Accounting Standard Board (ASB) of ICAI and a subject matter expert trainer on IFRS/Ind AS for a Big 4 consulting firm. In the past, Mr. Shah has worked with PwC (Audit) and E&Y (Advisory). He is a qualified CA from ICAI and a B.Com from the University of Madras.

An experienced professional with 13+ years, he has worked with KPMG in its Advisory services before venturing into entrepreneurship. He specializes in capital market advisory, and transaction advisory including M&A, fund raising, and financial & accounting process automation advisory & has led several consulting projects in India & overseas. Mr. Jain is a subject matter expert trainer on IFRS & Ind AS for a Big4 consulting firm and a visiting faculty at the ICAI. He is a qualified CA from ICAI, CS from ICSI, and a B.Com from the University of Madras.

Jeff Richardson joined as an Associate at Arham AdvantEdge, where he is dedicated to advising listed and corporate clients on the areas of risk management, valuations and accounting advisory. A graduate of Bishop Heber College, Trichy, with a B.Com and is currently pursuing CFA. Prior to joining Arham AdvantEdge, he worked as an intern at Marmore MENA Intelligence, where his role was to assist and prepare strategic intelligence, equity and market research reports. Jeff has always been interested in research and analysis and has published four research articles in his college journal.

S.Padmavathi joined as a Senior Manager at Arham AdvantEdge Private Limited, who specializes in valuation, IND AS convergence, and IPO management. With a CA (Inter) qualification and extensive experience in financial reporting, audit compliance, and corporate finance, she helps businesses navigate complex transactions and regulatory frameworks. Her expertise lies in optimizing financial structures, ensuring compliance, and driving strategic growth.

Raghu Iyer is a seasoned and highly respected industry professional, academician, and leader with 35+ years of experience in financial services. He runs a successful audit and advisory organization covering a variety of areas like management accounting, audit, tax advisory, accounting standards, IFRS 9 related services like Expected Credit Loss modeling & computation, financial instruments valuation, hedge effectiveness, derivatives accounting, and international advisory services. He guides our IFRS 9-related initiatives while also providing constant guidance to the organization on its India strategy. He is also involved with clients, providing knowledge and subject matter expertise to strategic projects. As an IFRS 9 expert (specializing in IFRS 9 particularly), he has advised more than 80+ clients consisting of leading Indian financial institutions and corporates. Mr. Iyer has also been a distinguished faculty member of top-ranking B-Schools of the country like S P Jain Institute of Management & Research, Mumbai, and Great Lakes Institute of Management (Chennai) for the last 25+ years covering a variety of subjects on financial management. In close association with Crisil, he conducts regular training sessions on Ind AS, Financial Instruments, and Expected Credit Losses. He is a fellow of the Institute of Chartered Accountants of India securing an India 4th rank in the CA Final examination and an India 3rd rank in the CA intermediate examination. He actively guides the organization’s strategy in Indian markets and as a subject matter expert, works closely in strategic consulting frameworks, intellectual property development, and functional enrichment.

Raghu Iyer Associates (RIA) is an established and reputed chartered accountant firm in Mumbai. The firm was founded in 1985 by CA Raghu Iyer. Mr. Raghu Iyer is a seasoned and highly respected industry professional, academician, and leader with 35+ years of experience in financial services. Mr. Iyer has been a distinguished faculty with top-ranking B schools like S P Jain and Great Lakes for 25+ years. Also, in close association with CRISIL, he delivers regular sessions on IFRS/Ind AS and Valuations. Mr. Raghu Iyer and his team bring in decades of experience advising 100+ clients consisting of leading Indian financial institutions and corporates specializing in complex areas which includes IFRS 9 related services like Expected Credit Loss modeling & computation, financial instruments valuation, derivatives valuation and accounting, hedge effectiveness, risk management including complex Mathematical modeling for financial institutions and international advisory services. Over the decades RIA has advised several marquee names in India and overseas like HDFC, Mahindra, Cholamandalam Group, Godrej Group, DP World, Citibank, HSBC, ICICI, Infosys, and Tata Group among several others.

Mr. Iyer provides constant guidance on AAPL’s risk management-related initiatives, and organization’s strategy in the Indian market and overseas and acts as a subject matter expert, working closely in strategic consulting frameworks, intellectual property development, and functional enrichment.

Mefcom Capital Markets Limited is a team of seasoned investment banking professionals. MEFCOM acts as a catalyst of growth for various MSME to large-size companies across diverse sectors. As a SEBI-registered Category I Merchant Banker, MEFCOM offers comprehensive issue management services for a wide range of transactions, including IPOs, FPOs, QIPs, Rights Issue, Open Offer, NCDs, InvIT and REITs, Delisting, Buy Back and more. With 100+ years of collective team experience, 80+ successful capital market transactions, and INR 2 Lakh Crores+ of funds raised, MEFCOM has truly added value for its clients in their growth journey.

Avati Consulting Solutions (P) Ltd., India is a niche company providing specialized products in the BFSI risk domain with special focus towards the Middle East, India & Levant region. AAPL’s deep expertise, industry knowledge, and tailored approach for BFSI & other sectors combined with Avati’s proven international/global cutting-edge risk frameworks and tech platforms provide an efficient & globally competitive synergy covering consulting, products, services, implementation, and dynamic risk management capabilities.

Impact assessment study for full convergence to IFRS/ US GAAP/ Ind AS 

Assistance in the implementation of accounting changes like IFRS 9, IFRS 15, IFRS 16, IFRS 17, and equivalent US GAAP/Ind AS & other GAAPs

Assistance in complying with the presentation and disclosure requirements of the standard.