Fractional CFO in Ahmedabad
A senior finance head for your Ahmedabad business for a few days a month, without a full-time CFO salary. Partner-led by CA Divya Gothi (CA, CFA and Independent Director), with 10+ fractional CFO retainers running today.
What a fractional CFO does for an Ahmedabad business
Bookkeeping tells you what happened last month. A fractional CFO tells you what to do about it, and then makes sure it happens. The work is the same as a full-time CFO's, scoped to the hours your business actually needs:
- Monthly MIS and management accounts that the promoters actually read, with the five or six numbers that run the business
- Cash-flow and working-capital forecasting, so receivable cycles and GST outflows stop being surprises
- Bank funding: CMA reports, term-loan and working-capital proposals, renewals and lender reporting
- Budgets, variance reviews and pricing or unit-economics work
- Fundraising preparation: financial model, data room and investor reporting
- Oversight of the bookkeeping team and the GST, TDS and ROC calendar, so compliance runs without the founder chasing it
Built for how Ahmedabad businesses run
Most fractional CFO firms ranking in India are built around funded startups in Bengaluru and Mumbai. Ahmedabad is different. A large share of the city's growing businesses are manufacturers, traders and second-generation family companies that fund growth through banks, not venture capital, and that sit on state incentives they have not fully claimed.
That changes what a CFO has to be good at. Here it means building a CMA report a credit officer accepts on the first pass, structuring a project loan so the Viksit Gujarat Industrial Policy 2026 subsidy is not lost to an annual ceiling, separating family and business cash without a fight, and getting the books audit-ready before a bank or an investor asks. Our partners do this work every week from our office in Bodakdev.
Fractional CFO vs full-time CFO vs bookkeeping sold as a CFO
In India the terms fractional CFO and virtual CFO are used interchangeably. What matters is the scope, not the label.
| Full-time CFO | Fractional CFO (ADAPT) | Bookkeeping sold as a 'CFO' | |
|---|---|---|---|
| Typical cost | ₹50 lakh to ₹2 crore a year in CTC | Retainer from about ₹40,000 to ₹3 lakh a month, by scope | ₹15,000 to ₹35,000 a month |
| Time | Full-time, in office | A defined number of days a month, plus on-call | Data entry and filings |
| Strategy, forecasting, bank and investor work | Yes | Yes, partner-led | No |
| Best for | Large companies with a finance team to run | SMEs and startups from roughly ₹2 crore revenue that need senior judgment, not a full-time hire | Very early businesses that only need clean books |
What it costs
Our fractional CFO retainers usually start between ₹40,000 and ₹1 lakh a month for SMEs with ₹2 to 15 crore of revenue, and scale towards ₹3 lakh a month where there is fundraising, multiple entities or cross-border reporting. You get one number in writing after a scoping call, not an hourly meter.
How an engagement starts
- Scoping call: we map your revenue, entities, bank facilities, reporting needs and the next 12 months of decisions
- Written proposal with a fixed monthly retainer and a defined scope
- First 30 days: clean up the books, agree the chart of accounts and deliver the first baseline MIS
- Monthly rhythm: MIS review with the promoters, cash-flow update, compliance check and an agreed list of decisions
Who leads it
Fractional CFO engagements are led by CA Divya Gothi, a Chartered Accountant and CFA charterholder who also serves as an Independent Director. In the same week he can build a CMA report for a project loan, negotiate terms with a bank, and prepare a startup's financial model for its next round. Every engagement has a named partner from day one; nothing is handed to an anonymous team.
Related
Virtual CFO & Fractional CFO services How much does a Virtual CFO cost in India? Virtual CFO: what to expect in the first 90 days Gujarat MSME incentives and estimator CA Divya Gothi, Partner US bookkeeping services from Ahmedabad
Talk to a fractional CFO in Ahmedabad. A 30-minute scoping call with a partner. We do not bill for the first conversation. Book a call
Frequently asked questions
How much does a fractional CFO cost in Ahmedabad?
Most fractional CFO retainers for Ahmedabad SMEs fall between ₹40,000 and ₹1 lakh a month, rising towards ₹3 lakh a month for fundraising, multi-entity or cross-border scope. A full-time CFO typically costs ₹50 lakh to ₹2 crore a year. ADAPT quotes a fixed monthly retainer in writing after a scoping call.
Is a fractional CFO the same as a virtual CFO?
In India the two terms are used for the same thing: a senior finance professional who works for your business part-time on a retainer. The useful question is scope. If the package covers only data entry and GST returns, it is bookkeeping, whatever it is called.
When does a business need a fractional CFO?
Common signals are an upcoming bank loan or equity raise, cash shortfalls that arrive without warning, books that lag by months, a founder spending evenings in spreadsheets, or an audit or due diligence on the horizon. Businesses from roughly ₹2 crore in revenue usually get value from it.
Do you work in person with Ahmedabad clients?
Yes. We are based in Bodakdev, so monthly reviews and bank meetings can happen in person, while day-to-day work runs on your shared accounting systems.
Can a fractional CFO help with Gujarat industrial subsidies?
Yes. For manufacturers investing under the Viksit Gujarat Industrial Policy 2026 we prepare the EFCI working, structure the loan and draw-down around the per-year ceilings, file the eligibility application and run the claims.
B-103, Elanza Crest, Sindhu Bhavan Road, Bodakdev, Ahmedabad 380054, Gujarat, India
+91 70162 62615 · info@adaptassociates.com