Who we are
We are a team of young professionals with expertise across countries aiming to provide agile, dynamic, and customized value-added sections to our clients across the globe.
We provide Consulting, Global Back Office, Global Transaction & Tax, Investments across Industries and Business set up Services across 126 Countries. TruVerse has 29.6K employees across the Network.
What we do
Create
Manage
Accelerate
CMA Wealth
Case Studies
EV Industry in Tamil Nadu
Fastest growing EV unicorn in India
Back Office Support System of US based Company
EV Industry in
Tamil Nadu
TruVerse works with the Electric Vehicle (‘EV’) industry in Tamil Nadu, India. We have helped our clients prepare Investor Pitch Deck for fundraising, evaluating the potential and viability of potential investors in India and outside India. Further, we have assisted in coordinating with the Company and the Investor to make the Proposed Investment. We have thoroughly gone through the challenges and opportunities in the EV industry in Tamil Nadu, the competitive landscape, and the potential for growth and profitability. Leveraged our expertise in strategic business development, B2B sales, competitive analysis, and product positioning to help the company attract investors and secure funding. As a matter of fact, India's EV industry attracts 100% Foreign Direct Investment under the Automatic Route. We have worked on the policies and schemes to promote the adoption of EVs, such as the Faster Adoption and Manufacturing of Electric Vehicles (‘FAME’) scheme and the development of charging infrastructure for the betterment of the company.
Fastest growing EV unicorn in India
We were approached by an emerging EV Company, touted as the fastest-growing EV unicorn in India, to assist in navigating the complex landscape of incentives and subsidies offered by the Tamil Nadu government. The company's ambitious plans and the evolving EV market in India presented a unique opportunity for TruVerse to showcase its expertise in facilitating strategic financial initiatives. We initiated the engagement by evaluating the eligible incentives based on the Tamil Nadu Government Industrial Policy after a detailed discussion with the Company regarding its business plans. This involved a comprehensive analysis of the EV Policy to identify the specific benefits and support available for EV manufacturers and related infrastructure providers in the State. Subsequently, TruVerse engaged with the Guidance Bureau of Tamil Nadu to further understand the nuances of the proposed project and ensure alignment with the State's industrial objectives. By providing end-to-end assistance in applying for the subsidies and incentives as per the Government Order, TruVerse not only facilitated the realisation of financial benefits for the EV company but also established a strong foundation for future collaborations and strategic financial endeavours. The successful navigation of the incentive landscape underscored TruVerse's ability to orchestrate complex financial initiatives and its unwavering commitment to driving the growth of pioneering industry players.
Back Office Support System of US based Company
TruVerse has been entrusted with the responsibility of managing the back-office support system of a US-based company. The engagement encompassed a spectrum of financial and compliance-related functions, underscoring TruVerse's expertise in ensuring seamless operational and regulatory adherence for our clients. We commenced the engagement by assuming control over the books of accounts and meticulously overseeing the financial facets of the company. This involved the implementation of robust internal checks where necessary to fortify the internal control framework, thereby mitigating operational risks and enhancing financial transparency and accuracy. We provided comprehensive advisory services on trivial matters and diligently addressed all queries raised by the Local Management, fostering a collaborative and responsive operational environment. We ensured diligent adherence to all applicable statutory compliances, leveraging its expertise to navigate the intricate web of regulatory requirements and deadlines. We reported to the Group Management on a monthly basis, offering a comprehensive overview of the Company's state of affairs and financial performance. Throughout the engagement, TruVerse remained steadfast in its support of the Company's expense management initiatives, offering strategic guidance and operational assistance to optimize cost structures and drive financial efficiency.
Why Choose TruVerse?
At Truverse, we stand as your dedicated partner, committed to transforming challenges into opportunities. Here’s why choosing us is the right decision for your business:
Expert
Consulting
Our team comprises seasoned experts in diverse industries, ready to offer strategic insights and consulting services tailored to your unique needs. We don't just understand businesses; we elevate them.
Global Back Office Excellence
Experience the efficiency of our world-class back office solutions. From streamlined processes to meticulous data management, we optimize your operations, ensuring your business functions seamlessly on a global scale.
Pioneering Global Transactions
Navigate the complex landscape of global transactions with confidence. Truverse pioneers innovative approaches to ensure your transactions are not just completed but contribute to the growth and success of your business.
Client-Centric Approach
Your success is our priority. We pride ourselves on a client-centric approach, working closely with you to understand your goals and deliver solutions that exceed expectations. Your triumph is our measure of success.
Testimonials
Director
Trust is paramount when it comes to sharing any data, and TruVerse has earned my trust and respect. Their staff is knowledgeable, patient, and always willing to assist. They take the time to explain everything clearly, making me feel confident in my financial decisions. TruVerse is my trusted strategic partner
Finance Head
Working with TruVerse has been an absolute pleasure. Their reliability and trustworthiness are unparalleled. I always feel confident knowing that when TruVerse is involved, things will be handled with the utmost professionalism and honesty.
Managing Partner
Partnering with TruVerse has been a game-changer for us. Their commitment to trust and collaboration is remarkable. We’ve seen our mutual clients thrive because of their trustworthy approach to business. It’s a true testament to their integrity and reliability.
CFO India
In the world of technology, trusting a company with your data is a big decision. I've been working with TruVerse for accelerating my business, and their commitment to security and privacy has made me trust them with my most valuable information.
Insights
Advance Ruling under GST
Advance ruling means a decision provided by the Authority or the Appellate Authority or National
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Unwrapping the Issues around “AMP” Expenditure in Transfer Pricing
December 13, 2023 -
Claiming of Foreign Travel Expenses for the purpose of Business
October 6, 2023 -
Ind AS 40 – Investment Property
September 16, 2023 -
Business Restructuring and its Transfer Pricing Implications
September 16, 2023 -
Goodwill Amortization
September 7, 2023
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Contact
Willingdon Crescent, 4th Floor, #6/2, Pycrofts Garden Road, Nungambakkam, Chennai – 600 006