Lochan & Co

What Lochan & Co does

Lochan & Co is a privately held Indian chartered-accountancy-rooted professional services partnership founded in 1987 by Rajeev Lochan and Sharad Agarwal, headquartered in Delhi NCR with additional offices in Noida, Chennai, Phnom Penh, Atlanta, and South Melbourne. The firm delivers assurance, development consulting, business advisory, training and capacity development, outsourcing, and technology services — including SAP implementation support — primarily to United Nations agencies (UNDP, UNICEF, UNOPS, UNFPA, UNHCR), multilateral and bilateral organizations, government bodies, NGOs, and corporate clients. Service execution relies on global standards (IFRS, IPSAS, ISA, IIA, Ind AS) rather than proprietary technology platforms, with delivery increasingly enabled by a 1,300+ associate firm network spanning 131 countries across five continents.

The firm's revenue model is entirely professional-services-based: project fees, retainer-style outsourcing, and certification/attestation engagements, all quote-based and non-publicly disclosed. Customer concentration is split between a primary development/institutional segment (UN agencies, multilateral/bilateral donors, government) and a secondary corporate/NGO segment, with named clients including NISG, DIMTS Limited, Agreeya Solutions, The Global Fund, and several not-for-profit partners. Headcount is stated at 150+ employees including professionals, consultants, and trainees. Go-to-market is direct advisory selling through senior partner-led client relationships, with a website, LinkedIn presence, and email newsletter as supporting channels. An advisory board of former senior bureaucrats, ex-UNDP officials, a former World Bank Executive Director, and ex-University Grants Commission leadership is positioned to support institutional bid pursuit.

Name

Lochan & Co

Legal name

Lochan & Co

Website

https://lochanco.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

Lochan & Co is an Indian chartered-accountancy-rooted professional services partnership founded in 1987 that delivers assurance, development consulting, advisory, and outsourcing services primarily to UN agencies, multilateral and bilateral donors, governments, NGOs, and corporate clients across 131 countries.

Ownership category

akta.pro rank

Product category

Professional Services — Audit, Assurance, and Advisory

NAICS

Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

akta.pro secondary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• Assurance services
• Development consulting
• Business advisory
• Outsourcing services
• Professional capacity building

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Assurance Services: Provides assurance services including statutory audits, internal audits, HACT audits, forensic audits, management audits, and special audits for development/institutional clients and corporate clients.
2. Development Consulting: Consulting services for development sector agencies including multilateral and bilateral agencies, international organizations, and government entities.
3. Business Advisory: Advisory services including financial management capacity assessment, risk management, and business consulting.
4. Training & Capacity Development: Training programs and capacity building services including structured training programs for proficiency and certification testing.
5. Outsourcing Services: Outsourcing and payroll services, legal and statutory compliances.
6. Certification & Attestation: Certification and attestation services for corporate clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lochan & Co is a professional services firm that delivers assurance, development consulting, business advisory, training and capacity development, outsourcing, technology, and certification services primarily to UN agencies, multilateral and bilateral development organizations, government entities, NGOs, and corporate clients across 131 countries. Engagements are customized and quote-based, executed by chartered-accountant-led teams using international standards such as IFRS, IPSAS, ISA, Ind AS, and IIA standards.

Product overview

Lochan & Co is a professional services firm established in 1987 that provides consulting, assurance, and advisory services primarily to development sector agencies and corporate clients. The firm operates as a unified service offering organized into seven distinct but interconnected practice areas: Assurance Services (split into Development/Institutional and Corporate streams), Development Consulting, Certification Services, Business Advisory, Training and Capacity Development, Outsourcing Services, and Technology Services. These services are designed to work together to provide clients with comprehensive support across auditing, compliance, consulting, and professional development needs. The firm has a global presence with operations across five continents and associations with over 1,300 firms worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Assurance Services Independent assurance engagements including statutory audits, internal audits, HACT audits, forensic audits, management audits, special audits, micro assessments, macro assessments, spot checks, external evaluations, procurement audits, and investigation services. Delivered to development and institutional clients (UN agencies, multilateral/bilateral agencies, NGOs, government entities) and corporate clients.
• Development Consulting Advisory, capacity building, and implementation support services for development sector agencies including multilateral and bilateral agencies, international organizations, and government entities running development programs.
• Certification Services Independent certification and attestation services for corporate entities and organizations requiring verification and validation of compliance, standards, and qualifications.
• Business Advisory Strategic consulting services including financial management capacity assessment, risk management, and business consulting that help organizations navigate business challenges, identify opportunities, and develop sustainable growth strategies.
• Training and Capacity Development Professional development and training programs focused on enhancing skills in accounting, auditing, taxation, and development sector practices, including structured training programs for proficiency and certification testing.
• Outsourcing Services Business process outsourcing services covering payroll, accounting, statutory and legal compliance, tax compliance, and operational support designed to help organizations optimize efficiency and focus on core activities.
• Technology Services Technology consulting and advisory services including SAP implementation, solution design, and technology integration support for organizations across industries.

Quantifiable outcome

• Successfully completed over 8,000 assignments across 131 countries
• +1 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Computer ShikshacoreStrategic or Co-development PartnerComputer Shiksha's mission is to build an ecosystem for providing Computer Knowledge and Training to underserved communities of India, serving 120,000 students across 540+ schools/NGO institutions. Partners Rajeev Lochan and Sharad Agarwal are trustees of Computer Shiksha and have been actively involved since inception. Lochan & Co provides Legal, Compliance and Book-Keeping services.
• Human Development Foundation (HDF)coreStrategic or Co-development PartnerHDF enhances quality of life for underprivileged sections of society in healthcare, education, livelihood, women empowerment, skill development, environmental protection, and sanitation. Partners Rajeev Lochan and Sharad Agarwal act as trustees. Lochan & Co undertakes all activities, manages legal and accounting functions, and supports health camps, cloth distribution, and blood donation camps.
• SCALE (Society to Create Awareness towards Life and Environment)coreStrategic or Co-development PartnerSCALE works to deliver improved quality of life to marginalized sections of India, focusing on environment, education, women empowerment, and solar energy. Partners are members of governing body. Lochan & Co provides regulatory advisory, accounting services, and legal and compliance services for over a decade.
• Shiksha BharatiminorStrategic or Co-development PartnerShiksha Bharati provides education and training for skill up-gradation and life-long learning to girls and women from underprivileged sections. Supports Smt. Brahma Devi Saraswati Balika Vidya Mandir Senior Secondary School. Partners provide long-standing support in financial and operational areas.
• Swami Shraddhanand Gurusahay Vaidik Vidyalaya (SSGVV)minorStrategic or Co-development PartnerSSGVV was established in 1988 to impart education to poor and needy children. Partners Rajeev Lochan and Sharad Agarwal are members of the management committee, participating in school board meetings for major operational decisions.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• BDO Global: Global accounting/audit network with mid-tier positioning very similar to Lochan & Co; serves donor agencies, NGOs and corporates across emerging markets through a member-firm model that mirrors Lochan's associate-firm structure.
• RSM International: Mid-tier global audit/advisory network with strong emerging-market member-firm coverage; directly comparable in serving development-sector clients and mid-market corporates with assurance, tax and consulting services.
• Deloitte (Development Advisory): Big 4 firm with one of the largest dedicated development-sector advisory practices; competes head-to-head with Lochan & Co on large multi-country donor framework contracts and UN system audits.
• Grant Thornton International: Mid-tier global audit and advisory network competing for the same UN/multilateral and NGO assurance mandates; comparable on development-sector audit, statutory audit and advisory services to corporates and institutions.
• Mazars: International audit, tax and advisory firm with deep NGO/international-development practice and integrated partnership model; competes for the same UN agency, multilateral and development-sector assignments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInin.linkedin.com/company/lochan-&-co
• Xx.com/_lochanco
• Facebookfacebook.com/LochanCoKh

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lochan & Co