Haribhakti
Haribhakti & Co. LLP is an India-based chartered accountant partnership firm founded in 1954, delivering audit, tax, advisory, transaction, outsourcing, and sustainability services to enterprise and mid-market clients across multiple sectors via twelve offices nationwide.
- Company typePrivate
- Founded1954
- HeadquartersAndheri, India
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Haribhakti does
Haribhakti & Co. LLP is an India-based chartered accountant partnership firm founded in 1954, providing audit and assurance, risk and advisory, tax and regulatory, transaction advisory, global outsourcing, and sustainability advisory services. Its primary clients are enterprise and mid-market corporates operating in banking, financial services, insurance, manufacturing, infrastructure, real estate, and a diversified set of secondary verticals (IT/ITES, retail, FMCG, healthcare, telecom, energy, and pharmaceuticals), with BFSI treated as the lead segment. The firm serves clients through twelve offices across India — Mumbai (headquarters), Ahmedabad, Bengaluru, Bharuch, Chennai, Hyderabad, Jaipur, Kolkata, New Delhi, Pune, Rajkot, and Vadodara — under a partner-led engagement model with dedicated sector teams.
The firm operates as a traditional professional services partnership without external shareholders, venture capital, or private equity backing. Revenue is generated through per-engagement professional services fees (negotiated and quote-based) covering audit, assurance, advisory, tax, transaction, outsourcing, and sustainability mandates. Technology deployment centers on automated auditing tools, data analytics, a centralized Knowledge Management System (KMS), and XBRL/iXBRL capabilities, with IT advisory and cyber security delivered through the Risk and Advisory Services line. The firm does not publish revenue, pricing, or headcount figures; stated headcount sits in the 51–100 range while the firm describes its team as having an average age of 28 years. In 2026, Haribhakti & Co. was summoned by the Serious Fraud Investigation Office (SFIO) as part of a Ministry of Corporate Affairs investigation into IndusInd Bank's alleged ₹2,000 crore derivatives portfolio irregularities, alongside peer firms S R Batliboi & Co., M P Chitale & Co., and MSKA & Associates.
Haribhakti firmographics
Firmographics- Name
- Haribhakti
- Legal name
- Haribhakti & Co. LLP
- Website
- https://haribhakti.co.in
- Company type
- Private
- Founded year
- 1954
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Haribhakti & Co. LLP is an India-based chartered accountant partnership firm founded in 1954, delivering audit, tax, advisory, transaction, outsourcing, and sustainability services to enterprise and mid-market clients across multiple sectors via twelve offices nationwide.
- Ownership category
- akta.pro rank
Haribhakti industry classification
Industry- Product category
- Accounting and Professional Advisory Services
- NAICS
- Professional, Scientific, and Technical Services (541)
- akta.pro primary industry
- Due Diligence Advisory (Commercial/Financial/Operational) (BPAHADAE)
- akta.pro secondary industries
- Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG), Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG)
Keywords
Where Haribhakti is headquartered
LocationHeadquarters
- HQ city
- Andheri
- HQ country
- India
- HQ region
- Asia
Offices12 records
Markets served
Haribhakti business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Professional Services Fees: Revenue generated from providing audit and assurance services, risk and advisory services, tax and regulatory services, transaction advisory services, global outsourcing services, and sustainability advisory services to corporate clients.
Go-to-market motion1 record
Distribution channels1 record
Haribhakti product offering
Product offeringCore offering
Haribhakti & Co. LLP is a chartered accountancy partnership firm providing audit and assurance, risk and advisory, tax and regulatory, transaction advisory, global outsourcing, and sustainability advisory services to enterprise and mid-market corporate clients across sectors such as BFSI, manufacturing, infrastructure, oil & gas, real estate, and education in India.
Product overview
Haribhakti & Co. LLP is a chartered accounting firm providing professional services organized as a portfolio of six interconnected core service lines. The Audit and Assurance Services form the foundation, offering regulatory audits, IPO support, and certification with automated data analytical tools. Risk and Advisory Services complement this with forensic services, GRC advisory, and IT/cyber security consulting. Tax and Regulatory Services cover direct tax, transfer pricing, M&A tax, and regulatory compliance. Transaction Advisory Services provide valuation, due diligence, fund raising, and insolvency resolution. Global Outsourcing Services enable clients to outsource accounting, payroll, remote auditing, and XBRL services. Sustainability Advisory Services round out the offering with BRSR disclosure, ESG implementation, and ESG transition advisory.
Differentiator
Problem solved
Functional benefit
Products and services
- Audit and Assurance Services
Companies that use Haribhakti
Customer profileSegments3 records
Ideal customer profiles3 records
Haribhakti technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Haribhakti partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SFIO (Serious Fraud Investigation Office)minorHaribhakti & Co. has been summoned by SFIO as part of the investigation into IndusInd Bank's alleged derivatives portfolio irregularities estimated at ₹2,000 crore. The firm is one of several audit firms associated with IndusInd Bank over the past decade being questioned as part of the probe ordered by the Ministry of Corporate Affairs.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Haribhakti competitors and assessment
Company assessmentDirect peers
- Lodha & Co. Established Indian chartered accountancy firm with similar audit, tax, and advisory service mix. Long-standing competitor in the Indian mid-market CA space with comparable tier-2 city presence.
- Singhi & Co. Indian mid-sized chartered accountancy firm with audit, tax, and corporate advisory services. Comparable scale and service mix to Haribhakti in the Indian mid-market.
- BSR & Co. LLP: Indian member firm of BDO providing audit, tax, and advisory. Similar mid-to-upper tier positioning, multi-office Indian footprint, and comparable service portfolio across audit, tax, and transaction advisory.
- MSKA & Associates: Indian chartered accountancy firm providing audit, tax, and advisory services. Also named in the SFIO IndusInd Bank investigation, with comparable mid-tier positioning and BFSI specialization.
- Grant Thornton Bharat LLP: Indian member firm of Grant Thornton International offering audit, tax, and advisory. Comparable in service breadth and transaction advisory depth, with international network access that Haribhakti lacks.
- Bansi S. Mehta & Co. Mumbai-based Indian chartered accountancy firm offering audit, tax, and corporate advisory. Comparable mid-sized Indian CA firm with overlapping BFSI and corporate client base.
- SR Batliboi & Co. LLP: Indian member firm of EY providing audit, tax, and advisory services. Direct peer in size and service mix; notably named alongside Haribhakti in the SFIO IndusInd Bank investigation, making it a head-to-head comparable on regulatory exposure as well.
- M P Chitale & Co. Mumbai-based Indian chartered accountancy firm offering audit and advisory services. Named alongside Haribhakti in the SFIO IndusInd Bank probe, indicating similar size, BFSI focus, and regulatory exposure.
Broad incumbents
- Price Waterhouse & Co. LLP: Indian member firm of PwC offering the full suite of audit, tax, and advisory. Significantly larger scale than Haribhakti but directly competing for the same Indian corporate audit and advisory mandates.
- Deloitte Haskins & Sells LLP: Indian member firm of Deloitte Touche Tohmatsu providing audit, consulting, tax, and advisory. Larger incumbent competing directly with Haribhakti for enterprise and BFSI mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Haribhakti financial estimates
Financial estimateRevenue estimate
Valuation estimate
Haribhakti leadership team
Management profileNumber of profiles
Profiles3 records
Haribhakti funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Haribhakti 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 Haribhakti
What does Haribhakti do?
Haribhakti & Co. LLP is a chartered accountancy partnership firm providing audit and assurance, risk and advisory, tax and regulatory, transaction advisory, global outsourcing, and sustainability advisory services to enterprise and mid-market corporate clients across sectors such as BFSI, manufacturing, infrastructure, oil & gas, real estate, and education in India.
Is Haribhakti a public or private company?
Haribhakti is a private company. It is classified as management employee owned and is currently operating.
When was Haribhakti founded?
Haribhakti was founded in 1954. It employs 51 to 100 people.
Where is Haribhakti based?
Haribhakti is headquartered in Andheri, India, in the Asia region.
How does Haribhakti make money?
One revenue line is on record: professional Services Fees.
Who are Haribhakti's main competitors?
Direct peers on record are Lodha & Co., Singhi & Co., BSR & Co. LLP, MSKA & Associates, Grant Thornton Bharat LLP, Bansi S. Mehta & Co., SR Batliboi & Co. LLP and M P Chitale & Co.. Broad incumbents are Price Waterhouse & Co. LLP and Deloitte Haskins & Sells LLP.
Does Haribhakti have an API?
No public API is recorded for Haribhakti.
What industry is Haribhakti in?
Haribhakti's product category is Accounting and Professional Advisory Services. Its primary akta.pro industry code is BPAHADAE, Due Diligence Advisory (Commercial/Financial/Operational), with a secondary code of BPAHAOAG, Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs). Its NAICS code is 541.