Transaction Square
- Company typePrivate
- Founded2018
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Transaction Square does
Transaction Square is a privately held India-based tax, regulatory, and business advisory firm founded in 2017 by a group of ex-Big-4 professionals (Girish Vanvari, Vikram Naik, Saloni Khandelwal, Amol Khanna, Chirag Shah, and Vinesh Kriplani). The firm is headquartered in Mumbai and operates across 14 Indian cities plus a Dubai office, with a team of 51–100 employees delivering five core service verticals: M&A Advisory (inbound and outbound investment, private equity, transaction advisory, due diligence, valuation, post-deal support), Tax Advisory (corporate restructuring, corporate and international tax, indirect tax, transfer pricing, funds/REITs/InvITs), Family Office Services (succession planning, governance, wealth and investments, philanthropy, insurance), Business Advisory (fundraising, pre-IPO, start-up and unicorns, business planning and strategy), and Regulatory Advisory (company law, SEBI law, competition law, stamp duty, real-estate regulations). The firm does not develop proprietary technology products; its offering is human-delivered professional advice grounded in deep knowledge of Indian tax, FEMA, SEBI, and corporate-law regimes.
The business is run as a sales-led, partner-driven advisory practice. Revenue is earned on engagement-based and retainer fees for M&A, tax, regulatory, family-office, and general business-advisory mandates. The firm serves four primary client segments — corporate clients engaged in M&A and restructuring, family offices and HNW families, start-ups and unicorns, and foreign investors — using a horizontal segmentation approach. Go-to-market relies on partner relationships, sustained thought leadership through industry conferences (CII, Taxsutra, BioAsia, IFA), publications, and earned media (CNBC TV-18, Economic Times, Forbes India, DealStreetAsia).
The firm has won industry trade recognition every year from 2018 through 2022, including the 2021 Asia M&A Awards 'Best Newcomer of the Year.' Recent strategic activity has focused on extending the practice mix (Family Office vertical, Start-up and Unicorns desk, Pre-IPO Advisory) and geographic reach (Dubai office), while the firm has indicated eventual IPO ambitions. The competitive position rests primarily on Big-4-calibre founder talent and concentrated regulatory expertise rather than technology, scale, or proprietary data assets.
Transaction Square firmographics
Firmographics- Name
- Transaction Square
- Legal name
- Transaction Square
- Website
- https://transactionsquare.in
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Transaction Square industry classification
Industry- Product category
- Tax and Business Advisory Services
- NAICS
- Investment Banking and Securities Intermediation (523150)
- akta.pro primary industry
- Transaction Services (Financial, Tax & Commercial Due Diligence) (BPAHAOAB)
- akta.pro secondary industries
- Transaction Tax Structuring & Deal Advisory (BPAHAOAJ), Transaction Structuring, Negotiation & Deal Execution Support (FSAEAGAK)
Keywords
Where Transaction Square is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices14 records
Markets served
Transaction Square business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Advisory and Consulting Services: Transaction Square generates revenue through professional advisory fees for services including M&A advisory, tax advisory, regulatory compliance, family office services, and business advisory. Revenue is earned through engagement-based fees, retainer arrangements, and transaction-specific advisory mandates.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Transaction Square product offering
Product offeringCore offering
Transaction Square is a Tax, Regulatory and Business Advisory firm that delivers professional advisory services across five verticals: M&A Advisory, Tax Advisory, Family Office Services, Business Advisory, and Regulatory Advisory. Services include transaction advisory, due diligence, valuation, private equity support, corporate restructuring, international tax, transfer pricing, succession planning, fundraising, pre-IPO advisory, and regulatory compliance across SEBI, Company Law, Competition Law, and FEMA frameworks. Engagements are delivered by senior partners supported by specialized teams across 14 Indian offices and a Dubai office.
Product overview
Transaction Square is a Tax, Regulatory and Business Advisory firm that offers a portfolio of professional advisory services. The firm provides five core service verticals: M&A Advisory (covering transaction advisory, due diligence, valuation, private equity, and post-deal support), Tax Advisory (including corporate restructuring, international tax, transfer pricing, indirect taxes, and funds/REITs/InvITs), Family Office Services (succession planning, family governance, wealth management, and philanthropy), Business Advisory (fundraising, pre-IPO advisory, startup services, and business strategy), and Regulatory Advisory (company law, SEBI law, competition law). These services are delivered as consulting/advisory offerings rather than software products, with a collaborative approach from entrepreneurial Big-4 founders.
Differentiator
Problem solved
Functional benefit
Products and services
- M&A Advisory
Companies that use Transaction Square
Customer profileSegments4 records
Ideal customer profiles4 records
Transaction Square technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Transaction Square partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Transaction Square competitors and assessment
Company assessmentDirect peers
- BMR Advisors: BMR Advisors is one of India's leading tax and regulatory advisory firms, founded by ex-Big-4 professionals. It directly competes with Transaction Square across M&A tax, transfer pricing, international tax, and regulatory advisory, with comparable mid-tier positioning and similar founder pedigree.
- Dhruva Advisors: Dhruva Advisors is an India-focused tax and regulatory advisory firm founded by former Big-4 tax leaders. It competes head-to-head with Transaction Square in M&A tax, international tax, transfer pricing, and inbound/outbound investment advisory, serving similar corporate, PE, and HNW client segments.
- Nangia Advisors: Nangia Advisors is a mid-sized Indian tax, regulatory, and business advisory firm serving corporates, family offices, and inbound investors. It directly competes with Transaction Square in tax structuring, M&A advisory, and regulatory compliance, with comparable service breadth and client focus.
Broad incumbents
- Grant Thornton India: Grant Thornton India is part of a global advisory network with established M&A, tax, and regulatory practices. It competes with Transaction Square across the full advisory spectrum but offers broader scale, international reach, and larger transaction teams.
- KPMG India: KPMG India is a Big-4 firm with large M&A tax, regulatory, and advisory practices. While it competes with Transaction Square in tax and transaction advisory, it serves a broader client base with significantly deeper resources and global network.
- EY India: EY India is a Big-4 firm offering M&A advisory, tax, regulatory, and transaction services across India. It overlaps with Transaction Square's service portfolio but at materially larger scale, broader industry coverage, and stronger international integration.
- PwC India: PwC India is a Big-4 firm providing M&A tax, regulatory, and advisory services. It competes across Transaction Square's verticals with significantly larger bench strength, including the M&A Tax practice where Transaction Square team member Aalok Anand previously worked.
- Deloitte India: Deloitte India is a Big-4 firm with comprehensive M&A, tax, regulatory, and business advisory practices. It serves corporate and PE clients with deeper resources and global delivery capability than boutique firms like Transaction Square.
- AZB & Partners: AZB & Partners is one of India's largest law firms with strong M&A, securities, and regulatory practices. While primarily legal rather than tax-focused, it competes with Transaction Square on transaction structuring, regulatory advisory, and M&A deal execution for corporate and PE clients.
Emerging players
- Cyril Amarchand Mangaldas: Cyril Amarchand Mangaldas is a leading Indian law firm with strong M&A, securities, and regulatory practices. It overlaps with Transaction Square on transaction execution and regulatory advisory, though it is primarily a legal services firm rather than a tax-led advisory.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Transaction Square social profiles
Digital presenceTransaction Square financial estimates
Financial estimateRevenue estimate
Valuation estimate
Transaction Square leadership team
Management profileNumber of profiles
Profiles7 records
Transaction Square funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Transaction Square M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Transaction Square
What does Transaction Square do?
Transaction Square is a Tax, Regulatory and Business Advisory firm that delivers professional advisory services across five verticals: M&A Advisory, Tax Advisory, Family Office Services, Business Advisory, and Regulatory Advisory. Services include transaction advisory, due diligence, valuation, private equity support, corporate restructuring, international tax, transfer pricing, succession planning, fundraising, pre-IPO advisory, and regulatory compliance across SEBI, Company Law, Competition Law, and FEMA frameworks. Engagements are delivered by senior partners supported by specialized teams across 14 Indian offices and a Dubai office.
Is Transaction Square a public or private company?
Transaction Square is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Transaction Square founded?
Transaction Square was founded in 2018. It employs 51 to 100 people.
Where is Transaction Square based?
Transaction Square is headquartered in Mumbai, India, in the Asia region.
How does Transaction Square make money?
One revenue line is on record: advisory and Consulting Services.
Who are Transaction Square's main competitors?
Direct peers on record are BMR Advisors, Dhruva Advisors and Nangia Advisors. Broad incumbents are Grant Thornton India, KPMG India, EY India, PwC India, Deloitte India and AZB & Partners. Cyril Amarchand Mangaldas is listed as an emerging player.
Does Transaction Square have an API?
No public API is recorded for Transaction Square.
What industry is Transaction Square in?
Transaction Square's product category is Tax and Business Advisory Services. Its primary akta.pro industry code is BPAHAOAB, Transaction Services (Financial, Tax & Commercial Due Diligence), with a secondary code of BPAHAOAJ, Transaction Tax Structuring & Deal Advisory. Its NAICS code is 523150.