Having successfully exited a multinational business via a Private Equity takeover way back in 2015, an opportunity arose to set up another start-up operation in Bangalore on behalf of a UK software company some 7 years back. This time around, we chose to outsource the Finance, Company Secretarial Services and Compliances aspects of the business, thus allowing our teams to focus on specific domain skills where we could add value to our UK principal’s business objectives. As such, we chose the team at XL Financials for these important functions. From the initial start-up, we relied on XL Financials services for company formation, monthly payroll processing, accounting services, company secretarial matters and statutory compliances. This enabled our management team to focus on the growth of the offshore development and project delivery capabilities, which eventually enabled our UK based principal to successfully sell the combined business via a Private Equity deal.

In particular, we enjoyed the competent and personalised service which the professionals of XL Financials extended to us during our rapid growth period.

It gives me immense pleasure to write this testimonial as we are clients of XL Financials. We are fully satisfied with the swift, honest and genuine services rendered by the team. We wish them the very best of luck in their future endeavours.

Neville and his team have been our partners since before incorporating our India business. They have deep knowledge of how to get things done in India and guided us through our journey of getting started. Today we rely on them totally for all our compliance management across all State and Central Government requirements.

We have developed a great partnership with XL Financials and their support to us right from getting us incorporated to maintaining our monthly accounts has been fabulous. Their knowledge of the financial and accounting world has helped us meet the regulatory and statutory requirements without hassles. This in turn has helped us to focus on what we do best, which is software engineering. It’s been wonderful working with all members of the XL Financial team. Thanks so much for doing a great job – keep it up.