Chokshi & Chokshi

What Chokshi & Chokshi does

Chokshi & Chokshi LLP is an India-based chartered accountancy and professional services firm established in 1976 by Rajnikant S. Chokshi and Kanu S. Chokshi. Operating as a Limited Liability Partnership under Indian law, the firm is headquartered in Mumbai and maintains branch offices in Pune, New Delhi, Bengaluru, and Ahmedabad, with a second Mumbai office in Andheri West. The firm employs 200+ multidisciplinary professionals including Chartered Accountants, PhDs, CAIIB, MBAs, Cost Accountants, CISA-qualified professionals, and Company Secretaries. The firm is privately held with no external institutional investment, with ownership concentrated among founding and subsequent partners.

The firm operates a four-pillar service portfolio structured as a single-window platform: Audit and Assurance (statutory, tax, GST, transfer pricing, internal audit, forensics, IT audits including ISO 27001); Tax and Regulatory (domestic and international tax, transfer pricing, GST, FEMA/SEBI advisory); Advisory (M&A, valuations, due diligence, business process redesign, fund raising, foreign exchange management); and Outsourcing (back-end accounting, payroll, corporate secretarial, compliance with IFRS/US GAAP/Indian GAAP capabilities). The firm serves 18+ industry verticals including asset management, BFSI, capital markets, IT, pharma, infrastructure, manufacturing, real estate, retail, and trusts. The go-to-market is sales-led and relationship-based, leveraging referrals, industry reputation, and direct engagement. Cross-border servicing is delivered through a network of independent accounting firms globally.

The firm generates revenue through professional services fees on engagement and retainer bases, with no publicly disclosed pricing. There is no proprietary technology platform; the firm leverages standard accounting software and IT applications for service delivery. Marketing is primarily through industry reputation, referrals, and organic presence on LinkedIn and Facebook. The ownership structure remains founder/partner-controlled with no PE/VC involvement, no M&A activity, and no funding rounds, indicating a stable, independently-operated professional services firm with nearly five decades of operating history.

Name

Chokshi & Chokshi

Legal name

Chokshi & Chokshi LLP

Website

https://chokshiandchokshi.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

Chokshi & Chokshi LLP is a Mumbai-headquartered, 200+ professional Indian chartered accountancy firm founded in 1976, offering audit, tax, advisory, and outsourcing services across 18+ industry verticals through five city offices.

Ownership category

akta.pro rank

Product category

Accounting and Advisory Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Payroll Services (541214)

SIC

Services-Management Services (8741)

akta.pro primary industry

HR Compliance & Policy Administration Outsourcing (incl. regulatory reporting) (BPACAKAK)

akta.pro secondary industries

Payroll, Contractor Payments & SME HR Finance (FSAGAJAI), Tax Services (Withholding, Reclaims, FATCA/CRS) (FSAAAOAM)

Keywords

• Audit assurance services
• Tax regulatory advisory
• Transfer pricing services
• Accounting outsourcing
• Business advisory consulting

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Fees: Revenue generated from providing integrated professional services including Audit and Assurance, Tax and Regulatory advisory, Business Advisory, and Accounting/Outsourcing services to businesses, government entities, and private clients on an engagement or retainer basis.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Chokshi & Chokshi LLP is a single-window professional services firm providing an integrated range of services in Audit and Assurance, Tax and Regulatory, Advisory, and Outsourcing. The firm delivers statutory and management audits, domestic and international tax planning, transfer pricing, GST compliance, M&A and valuation support, due diligence, and back-end accounting and payroll outsourcing to businesses, government entities, and private clients across India and globally.

Product overview

Chokshi & Chokshi LLP is a single-window professional services firm offering an integrated suite of four core service lines: Audit and Assurance, Tax and Regulatory, Advisory, and Outsourcing. The firm serves as a unified platform where these services complement each other—audit findings inform advisory recommendations, outsourcing operations support tax compliance, and regulatory expertise underpins both audit and advisory engagements. The four service pillars work collectively to provide clients with comprehensive business and compliance solutions since 1976.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit and Assurance Provides regulatory audits (statutory, tax, GST, transfer pricing), management audits (forensics, due diligence, internal audit), risk consulting (GAAP translations, data analytics), and IT audits (ISO 27001 preparedness, security audits, SAS 70) for businesses, financial institutions, and government clients.
• Tax and Regulatory Covers domestic tax, international tax, transfer pricing, and GST services including compliance, due diligence, advance pricing agreements, and FEMA/SEBI regulatory advisory for inbound and outbound investments. Includes tax litigation support.
• Advisory Business and financial advisory services including bank restructuring, business process redesign, cost reviews, M&A, valuations, foreign exchange management, funds raising, and IT consulting for enterprises and growth-stage businesses.
• Outsourcing Back-end accounting, payroll processing, corporate secretarial support, tax compliance, and regulatory compliance solutions for companies setting up operations in India, with capabilities in IFRS, US GAAP, and Indian GAAP.

Segments10 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Independent Accounting Firms (Global Network)coreStrategic or Co-development PartnerThe firm maintains connections with independent accounting firms in various cities globally to provide cross-border local servicing to clients with international operations or investments. This network enables delivery of services across jurisdictions while maintaining local expertise.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Deloitte Haskins & Sells (Deloitte India): Indian audit practice of Deloitte; offers overlapping audit, tax, advisory, and outsourcing services to enterprise clients in India and is a direct competitive reference point for Chokshi & Chokshi's regulated-industry and cross-border work.
• Grant Thornton Bharat: Indian member of Grant Thornton International offering assurance, tax, and advisory; competes in the same mid-market advisory space and offers an international network that Chokshi & Chokshi matches via partner firms.
• BSR & Co. (KPMG India): KPMG's India member firm providing audit, tax, and advisory to banks, NBFCs, and multinationals — competes with Chokshi & Chokshi for the same BFSI and cross-border advisory mandates.
• S.R. Batliboi & Co. (EY India): EY's India affiliate delivering assurance, tax, transaction advisory, and outsourcing; overlaps with Chokshi & Chokshi across audit, FEMA/transfer pricing, and outsourcing for foreign entrants into India.
• Price Waterhouse & Co. (PwC India): PwC's India firm providing audit, tax, and advisory services to large enterprises and MNCs — a comparable competitor particularly for the firm's regulated-finance and cross-border clients.

Direct peers

• Sharp & Tannan: Mumbai-headquartered Indian CA firm with similar audit, tax, and advisory offerings to corporates and financial institutions; directly comparable in size and client profile.
• Singhi & Co. Mid-sized Indian chartered accountancy firm providing audit, taxation, and advisory services across sectors; competes with Chokshi & Chokshi for similar mid-market and regulated clients.
• Lodha & Co. Long-established Mumbai-based chartered accountancy firm offering audit, tax, and advisory services to Indian corporates; the closest Indian mid-sized direct peer in scale, geography, and service mix.
• RSM India: Indian member of RSM International offering audit, tax, and consulting to mid-market clients; overlaps with Chokshi & Chokshi in serving growing Indian businesses with cross-border needs.
• BDO India: Indian member of BDO Global providing audit, tax, advisory, and outsourcing; comparable mid-tier alternative for Indian corporates and multinationals seeking a single-window professional services partner.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Chokshi-Chokshi-LLP-587898774885930
• LinkedInlinkedin.com/in/chokshi-and-chokshi-llp-618b93157

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Chokshi & Chokshi