The last couple of years have been really transformative for the startup community in India. A lot has taken place – record-breaking funding rounds, international strategic collaborations, and a lot of startup acquisitions by corporate giants. These trends are not only visible in the “Unicorn” startup club, but have also started appearing in the growth-stage startups. Continuing this trend, North India’s leading virtual CFO company, DNA Growth, today announced that it has acquired New-Delhi based startup Dial-A-CFO, which is an emerging CFO and finance effectiveness services provider, for an undisclosed amount.
Vineet Jain, Founder of Dial-A-CFO, while expressing his views on the deal said “I put in blood & sweat to nurture my ‘Dial A CFO’ baby and am glad to pass on its reigns to DNA Growth which may see this acquisition as a natural extension of their capabilities.”
“I and Vineet have known each other for a long time….we humbly welcome Vineet aboard DNA Growth as its mentor” stated Akshay Jain, Founder, and CEO of DNA Growth.
Under the terms of the deal, Dial-A-CFO’s entire business portfolio will be owned and managed by the DNA Growth parent company DG Growth Ventures Private Limited. This acquisition by the company will help it in making its presence stronger in the National capital and its surrounding regions. Dial-A-CFO offers services like ‘Interim’ CFO Services, end-to-end support around Fundraising, Taxation, Financial Engineering, System (ERP) and Process, Business Support, etc.