Project Management support for winding-down India Operations

Client : A leading global electronics repair and service provider

Service Offered : Project Management, Due Diligence

Sector / Industry : IT and ITeS

Client
Objective

The Group was globally acquired by a major US based Private Equity firm including its India operations. As the major chunk of the business carried out in India was a non-core and non-profitable business, the Private Equity firm decided to winddown the Indian operations. Nexdigm was approached to support in managing the wind-down of the Indian operations and enable a smooth downsizing of operations prior to regulatory liquidation while providing full visibility to the global team.

Client
Solution

The Nexdigm approach was based on the four pillars of project management - Time, Cost, Quality, and Risk. The objective of the assignment was to assess the existing situation and build a roadmap of critical activities for winding-down operations. A dedicated project team was deployed onsite during the initial phase of the project.

solution
Impact

The Nexdigm team provided a transparent, unbiased, and thorough view of the business position to the management team, which helped them understand the risks, exposure, current business positions, etc. to prepare a comprehensive action plan and supported in executing the same to aid the winding-down process.

Case Studies

Fair Valuation of an Online Classifieds Service Provider for a Multi-billion Dollar Hedge Fund

Fair Valuation of an Online Classifieds Service Provider for a Multi-billion Dollar Hedge Fund

Services Offered Due Diligence & Valuations

Sector / Industry IT and ITeS

Provided Interim CFO Services to a Technology Company

Provided Interim CFO Services to a Technology Company

Services Offered Interim CFO Services

Sector / Industry IT and ITeS

Streamlining payroll process for Zenith Technologies, a Life Sciences Automation Provider

Streamlining payroll process for Zenith Technologies, a Life Sciences Automation Provider

Services Offered Payroll, Administration and HR Compliance

Sector / Industry Healthcare, IT

Carried out a Purchase Price Allocations study for Financial Reporting for a major P.E. Fund

Carried out a Purchase Price Allocations study for Financial Reporting for a major P.E. Fund

Services Offered Purchase Price Allocation (PPA) for Financial Reporting purposes

Sector / Industry IT and ITeS

F&A function and pre-winding up support

F&A function and pre-winding up support

Services Offered F&A function and pre-winding up support

Sector / Industry IT and ITeS

Finance Function Transition and Management for the Client’s Indian Operations

Finance Function Transition and Management for the Client’s Indian Operations

Services Offered Full-Suite Corporate Services

Sector / Industry IT and ITeS

Revamp of tax withholding procedure on import of software and filing for refund

Revamp of tax withholding procedure on import of software and filing for refund

Services Offered Full-Suite Corporate Services (Excluding Accounting)

Sector / Industry IT and ITeS

Tracking and managing all contractual obligations through the use of an AI-enabled platform

Tracking and managing all contractual obligations through the use of an AI-enabled platform

Services Offered Contract Management Services –Post-execution Obligation Management Support

Sector / Industry IT and ITeS

Fair Valuation of an Enterprise Solution Provider for an Indian Financial Institution

Fair Valuation of an Enterprise Solution Provider for an Indian Financial Institution

Services Offered Buy-side Valuation for a Transaction

Sector / Industry IT and ITeS

Project management for winding down operations in India

Project management for winding down operations in India

Services Offered Project Management and Tax Litigation Services

Sector / Industry IT and ITeS

Tax litigation before the Mumbai Tax Tribunal

Tax litigation before the Mumbai Tax Tribunal

Services Offered Tax Litigation

Sector / Industry IT and ITeS

Accounting and Corporate Services Setup

Accounting and Corporate Services Setup

Services Offered Finance Controlling, Accounting and Management Reporting, Compliance Management

Sector / Industry IT and ITeS

Transforming the contract management process of a global e-commerce company and migration to a new platform

Transforming the contract management process of a global e-commerce company and migration to a new platform

Services Offered Contract Management Services

Sector / Industry IT and ITeS

Related Case Studies

Join our mailing list To receive our latest insights

Enquire Now

Or

Reach out to us at ThinkNext@nexdigm.com