Acupro Consulting

We commit, we make it.

Acupro is an energetic and passionate team of committed professionals displaying acumen, knowledge and excellence while rendering solution oriented consulting, advisory and implementation services in the fields of taxation, finance, law, regulation, risk advisory and business strategy.

About Us

Our Services

Tax and Regulatory Advisory

It is a requisite today that businesses develop a sound tax strategy to retain a competitive edge as well as to stat compliant with the ever-changing regulatory and taxation systems. read more…

Accounting and Assurance

We provide accounting and assurance services to reduce operating cost, improve business focus, improve quality, increase capabilities, not otherwise available, and to reduce cycle time. read more…

Transaction Advisory

Our understanding of financial markets and legal, tax and regulatory expertise enables us to provide comprehensive services to clients in relation to business acquisitions/ transfer transactions, valuations,  read more…

Risk Advisory

There is unprecedented scrutiny on businesses from industry regulators and pressure from stakeholders to limit business risks is growing day by day. At Acupro, our services are designed to support your strategic and operational goals to help you add more value to your operations and processes read more…

Our Partners

Alok Vasant

Balwan Bansal

Gandharv Jain

Nidhi Agarwal

Amrish Garg





alokAfter qualifying Charterer Accountancy Examination in 1997, Alok began his career with Deloitte in Audit and Tax Division.  In 2000, he joined Price Water Coopers in Tax division and, later in 2005, he joined Ernst & Young as Manager in Global Tax Advisory Services Division. In 2010, Alok left Ernst & Young to set up client focused consulting company, Acupro.


Key Technical Experience

  • Over the years, Alok has worked with a wide range of multinational and Indian clients and has been involved in advising on cross-border and domestic taxation issues, withholding tax issues, structuring investments, interpretation of tax statutes and treaties and in handling tax compliance, litigation and planning issues.
  • He has undertaken various tax due diligence exercises and has provided consultancy services  in respect of acquisition of business and on structuring of transactions
  • He has assisted various companies in formulating their entry strategy in India from income tax and regulatory perspective (including foreign exchange control matters) and has advised on routing of investments from tax friendly jurisdictions
  • He has advised extensively on availability of tax holidays/ breaks to clients  under the various schemes and have assisted in achieving the conditions necessary to avail the tax concessions
  • He has extensive experience in expatriate taxation and  associated regulations
  • He has handled the tax matters of clients in various industries including IT, telecom, media, education, manufacturing, trading and real estate sector




Balwan is a partner and co-founder of Acupro Consulting, a boutique consulting firm based out of Gurgaon.
Balwan advises various multi-national clients engaged in Technology, Telecom, Consumer and Industrial Products, Manufacturing, Health Care, Education, Financial Services and Private Equity, Real Estate Sector etc on financial, tax, accounting and regulatory matters including on Goods and service tax, cross-border and domestic taxation issues, withholding tax issues, interpretation of tax statutes and treaties etc and has over 12 years of experience.
Balwan has been on the boards of various companies (including company listed on Bombay Stock Exchange and National Stock Exchange) and advised them on various financial and regulatory matters
Balwan is a regular contributor of articles and a regular speaker on tax and regulatory matters
During his career, he has worked with Deloitte and Ernst & Young for more than 6 years

Chartered Accountant - ICAI
Chartered Financial Analyst - CFA Institute, USA
Bechelor of Law - Modern College
Bechelor of Commerce (Honours) - Delhi University

Key Technical Experience

  • Balwan has advised the clients in relation to their taxation matters, regulatory matters and accounting matters.
  • He has engaged in providing comprehensive range of foreign investment consulting services to multinational companies
  • He has assisted in setting up of operations in Software Technology Parks and Special Economic Zones
  • He has advised the clients on cross-border and domestic taxation issues including taxability of foreign companies, withholding tax issues and structuring investments etc.
  • He has provided extensive litigation support to the clients in relation to the appeals filed before the Commissioner of Income-tax (Appeals), Income-tax Tribunal, High Court and Supreme Court
  • He has also been involved in auditing of various software, infrastructure, manufacturing, trading and services sector companies.



(CPA, CA, B.Com)


Gandharv has over 9 years post qualification experience during which he has worked with KPMG in their Corporate

Finance division, with Ernst & Young and CRISIL Risk and Infrastructure Solutions in the transaction advisory space.




Key Technical Experience

  • He handles matters relating to mergers and acquisitions, business advisory and real estate sector under the corporate practice of the firm. He heads the Transaction Advisory services practice and has wide experience in the areas of M&A Advisory, Equity/ Debt Syndication, Valuations, Due Diligence, Corporate Structuring and Corporate Consultancy. 
  • His specialization includes raising funds for clients in the shape of venture capital / structured finance and structuring corporate transactions in compliance with foreign exchange laws, advice on general corporate issues, due diligence, valuations, entry and exit strategies to foreign investors, and advice on Foreign Exchange Management Act, Corporate Law and SEBI issues.
  • He has worked across various sectors on a variety of engagements which include bid advisory and bid strategy, bid process management, buy side and sell side advisory.
  • He is focusing on providing end to end services for startups including Business Planning, Investor Presentations, and Angel & Equity Fund Raising.
  • He has raised over INR 3000 MN structured debt for companies in Real Estate sector in India in last 3 years.

Key Clients Served/ Presently Being Served

Mittal Processors Pvt. Ltd, SQUE Capital, Grace Capital, Singapore & Angel Network, Religare, Chrys Capital, Raheja Developers, Grofers, Orange Renewable , Ostro Group, GMR Hydro, Jaypee Infra, GVK Power and Infrastructure, JK Organization, Polyplex Corporation, C & C Constructions, Goyal Gases, GAIL, Jindal ITF, NSL Renewable Power, Actis, NEA PE, Ascent Capital India Advisors, Elephant Capital India PE



(CA, LLB, B .com)


She has over 13 years post qualification experience. Prior to this, she has worked with Ernst & Young as Senior Manager. She has also worked previously with KPMG, Deloitte and RSM.



Key Technical Experience

  • Her experience spans the diverse fields of Taxation and Regulatory matters.
  • She has worked with a multitude of multinational and Indian clients belonging to different industries. She has handled different engagement covering both International and Domestic tax matters. The assignments have included advise on corporate tax matters, expatriate tax issues, cross-border and domestic taxation issues, withholding tax issues, structuring investments, outbound investments.
  • Has experience in tax compliance and litigation matters as well as tax planning matters.
  • Has undertaken tax due diligence exercises, structuring entity funding in line with tax and regulatory provisions, holding company jurisdiction for inbound investments etc.
  • Has handled tax matters of clients in engineering, software, agricultural, sourcing, auto, trading, telecom sectors etc.



(CA, B.Com)

Amrish Garg

Amrish has over 8 years of post-qualification experience with BMR Advisors and S.S. Kothari Mehta & Co. in their Corporate Finance division.





Key Technical Experience

  • Amrish has vast experience in consulting in private equity placement, mergers & acquisitions and valuation.
  • He has worked across various sectors including food and agriculture, consumer goods, logistics, hospitality, education etc.
  • Some of the notable engagements include:
  1. Sell Side Advisory to Olam International for sale of its Basmati Rice Business to Ebro Foods, Spain.

  2. Raised INR 1,100 MN equity and INR 2,000 MN structured debt for a branded food company.

  3. Raised INR 600 MN equity capital for a logistics company.

  4. Raised INR 800 MN equity capital for a 5 star hotel project by a hospitality company.

Key clients served/ presently being served

Olam International Ltd., Denso India, Panasonic, Jindal Group, General Motor, IDFC, Triveni Engineering, TCI, Monnet Group, InterGlobe, Asian Hotels Ltd., Pristine Logistics, SS Supply Chain, Timex etc.