Khandelwal Jain & Co

What Khandelwal Jain & Co does

Khandelwal Jain & Co (KJCO) is a partnership firm of chartered accountants established in 1967 by Late Mr. I. C. Jain (Firm Registration No. 105049W) and headquartered in Mumbai, India. The firm delivers a portfolio of professional services organized across five core lines: Compliance & Management Assurance Services (audit and Ind AS/IFRS conversion), Transaction Advisory Services (including advisory for foreign clients establishing India operations and transaction structuring), Business Process Outsourcing (payroll management and fixed assets register/tagging), Tax Advisory Services (direct tax, indirect tax, international tax, corporate tax, expatriate tax, and individual tax), and Corporate Finance advisory. KJCO also operates a Knowledge Bank web portal on kjco.net that provides financial calculators, regulatory bulletins, utilities, and access to tax and legal reference materials, functioning as a content-marketing and client-engagement asset rather than a software product.

The firm is staffed by 14 partners and more than 137 professionals and semi-professionals, with partner-led in-charge structures at each of three offices: Mumbai (headquarters, under Mr. Shailesh Shah), Aurangabad (under Mr. G. M. Bothara), and New Delhi (under Mr. Naveen Jain). GTM is sales-led and B2B, with direct relationship-building and professional network referrals driving client acquisition, and services delivered directly to clients through partner-led engagement teams. The customer base is horizontal across diverse industries and business types, with no disclosed named logos or industry concentration.

KJCO operates as a private, independent partnership with no parent company, no external investors, no venture capital or private equity backing, and no disclosed subsidiaries or M&A activity. Revenue is not publicly disclosed and is generated primarily through professional services fees on a quote-based engagement model. The firm does not hold patents, has no disclosed awards, and maintains no formal partnerships or alliances beyond its ICAI registration and its own Knowledge Bank.

Name

Khandelwal Jain & Co

Legal name

Khandelwal Jain & Co.

Website

https://kjco.net

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

101–250 employees

Short description

Khandelwal Jain & Co (KJCO) is an Indian chartered accountancy partnership firm founded in 1967, offering audit, tax advisory, transaction advisory, BPO, and corporate finance services across three offices through 14 partners and 137+ professionals.

Ownership category

akta.pro rank

Product category

Chartered Accountancy Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Investment Banking and Securities Intermediation (52315)

akta.pro industry

PRIMARYBPAHABAF

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Accounting, Audit & Tax Services

SECONDARYBPAHADAB

Corporate Finance & Capital Advisory

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Strategy & Corporate Finance Advisory

Keywords

• Chartered accountancy services
• Audit and assurance
• Tax advisory services
• Transaction advisory
• Compliance management

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Fees: Revenue generated from providing chartered accountancy services including audit and assurance, tax advisory (direct tax, indirect tax, international tax, corporate tax, expatriate tax), compliance and management services, transaction advisory, business process outsourcing, and corporate finance advisory.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Khandelwal Jain & Co is a chartered accountancy partnership firm providing audit and assurance, tax advisory (direct, indirect, international, corporate, and expatriate tax), compliance and management services, transaction advisory including Ind AS/IFRS conversions, business process outsourcing (payroll management, fixed assets register), and corporate finance advisory to a diverse business client base across India.

Product overview

Khandelwal Jain & Co (KJCO) is a chartered accountant firm established in 1967, offering a portfolio of professional services rather than a unified software product. The core service offerings include Compliance & Management Assurance Services (audit and Ind AS/IFRS conversion), Transaction Advisory Services, Business Process Outsourcing (payroll management, fixed assets register), Tax Advisory (direct/indirect/international/corporate/expatriate tax), and Corporate Finance. The firm also operates a Knowledge Bank web portal that provides online calculators, regulatory bulletins, utilities, and access to tax and legal reference materials including acts, rules, and forms. The firm's operations are not structured as a software platform with modules, but as a service-based practice with an informational web resource.

Differentiator

Problem solved

Functional benefit

Products and services

• Compliance & Management Assurance Services Provides audit services and conversion services under Ind AS/IFRS standards for diverse business clients requiring statutory and management assurance.
• Transaction Advisory Services Advises foreign clients setting up establishments in India and designs transaction structures for clients engaged in cross-border and domestic transactions.
• Business Process Outsourcing Outsourced finance and accounting services including payroll management and fixed assets register and tagging for clients seeking operational support.
• Tax Advisory Services Comprehensive tax advisory covering direct tax, indirect tax, international tax, corporate tax, expatriate tax, and individual tax services for businesses and individuals.
• Corporate Finance Services Corporate finance advisory and services for clients requiring support on capital structuring, transactions, and related corporate finance matters.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Singhi & Co. Indian chartered accountancy and advisory firm with similar practice profile in audit, tax, and advisory. Comparable mid-tier peer for KJCO.
• Lodha & Co: Indian chartered accountancy firm providing audit, tax, and advisory services. Comparable mid-sized Indian CA partnership operating in similar service lines and client segments as KJCO.
• MGB & Co. LLP: Mid-sized Indian chartered accountancy firm. Comparable in scale, structure, and service offering to KJCO, serving similar Indian enterprise clients.
• BDO India: Indian member of BDO Global providing audit, tax, and advisory services. Direct competitor in the mid-tier Indian CA segment where KJCO operates.
• D. T. Doshi & Co. LLP: Long-established Indian chartered accountancy firm based in Mumbai. Highly comparable peer offering audit, tax, and advisory services to mid-sized Indian enterprises.
• Grant Thornton India (Bharat RK): Indian affiliate of Grant Thornton International. Direct competitor offering audit, tax, and transaction advisory services in the same mid-market Indian segment.

Broad incumbents

• S. R. Batliboi & Co. LLP (EY India affiliate): Indian audit and advisory practice affiliated with EY Global. Directly competes with KJCO for audit, tax, and transaction advisory engagements, especially for large enterprises.
• Price Waterhouse & Co (PwC India affiliate): Indian member firm of PwC. Competes with KJCO across audit, tax, and corporate finance advisory in the Indian mid-to-large enterprise market.
• Deloitte India (BSR & Co. LLP): Indian audit firm affiliated with Deloitte. Competes with KJCO for large audit, tax, and transaction advisory engagements across Indian enterprises.
• KPMG India: Indian affiliate of KPMG Global offering audit, tax, and advisory services. Competes with KJCO for larger Indian corporates and multinational subsidiaries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Khandelwal Jain & Co