Aneel Lasod And Associates

What Aneel Lasod And Associates does

Aneel Lasod and Associates is a Mumbai-headquartered chartered accountancy firm founded in 1987 by Aneel Lasod, providing specialized audit, compliance, and taxation services to SEBI-regulated financial entities and select corporate clients. The firm operates 14 service lines concentrated in capital markets compliance, including PMS Audits, AIF Audits (covering all SEBI AIF categories), KYC Audits, Risk Categorization, Beneficial Ownership Identification, Digital KYC, Internal Audits, and Tax Advisory. Its client base of 500+ spans portfolio managers (notably Motilal Oswal Asset Management), stock brokers, depository participants, IT companies, and construction firms, with marquee names such as Stallion Asset, Alchemy Capital, ValueQuest Investment Advisors, and Seshat Technologies among visible references.

The business model is engagement-based professional services: each compliance audit, KYC review, or tax advisory mandate is scoped and quoted per engagement, with annual recurring audit requirements for SEBI-registered entities providing a baseline of repeat revenue. Go-to-market relies on senior-partner-led consultative sales, referral-driven inbound, SEO-optimized service landing pages (e.g., 'PMS Audit Mumbai'), thought-leadership blogging, and direct consultation requests via phone, WhatsApp, or contact form. The firm does not sell software, platforms, or APIs and has no disclosed technology products; its infrastructure is the professional expertise of its CA, DISA, and NISM-certified staff (claimed team strength 150+, though firmographic record shows 62 employees).

Ownership is private and concentrated among the founding family and key principals, with no external institutional investors, parent entity, or subsidiary structure. Leadership comprises founder and Senior Partner Aneel Lasod, CEO Vikas S Jain (B.Tech Software Engineering background), Partner Ichchhita Lasod, and Vice President Rohan Lasod. The firm claims a global client footprint anchored in Mumbai and positions itself as 'Mumbai-Based, Globally Recognized Chartered Accountants,' though its operational geography is primarily India with cross-border mandates served remotely.

Name

Aneel Lasod And Associates

Legal name

Aneel Lasod and Associates

Website

https://aneellasod.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

Aneel Lasod and Associates is a Mumbai-based chartered accountancy firm founded in 1987, providing specialized PMS/AIF audit, SEBI compliance, KYC, and tax advisory services to 500+ clients including asset managers, stock brokers, depository participants, and select corporates.

Ownership category

akta.pro rank

Product category

Audit and Compliance Services

NAICS

Offices of Certified Public Accountants (541211)

SIC

Finance Services (6199)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Chartered accountancy services
• Audit and compliance
• Tax advisory services
• Securities market compliance
• Kyc audit services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit and Compliance Services: Professional fee-based services including PMS Audits, AIF Audits, KYC Audits, Internal Audits, and related compliance advisory. Revenue generated on a per-engagement basis with annual audit requirements for regulatory compliance.
2. Tax Advisory Services: Corporate tax planning and advisory services helping businesses optimize tax strategies and ensure compliance.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Aneel Lasod And Associates is a Mumbai-based chartered accountancy firm that delivers audit, taxation, and regulatory-compliance services to India's securities-market participants, including Portfolio Management Services providers, Alternative Investment Funds, stock brokers, depository participants, and banks. Its core engagements span PMS audit, AIF audit, KYC audit (covering risk categorization, beneficial-ownership identification, account opening documentation, digital KYC, ongoing due diligence, record keeping, reporting, and regulatory referencing), internal audit, tax advisory, and broader compliance and regulatory advisory work.

Product overview

Aneel Lasod And Associates operates as a single-service chartered accountancy firm offering a comprehensive portfolio of specialized audit and compliance services. The core offering consists of 14 distinct service lines organized around financial market compliance: PMS Audit (SEBI-compliant portfolio management audits), AIF Audit (alternative investment fund audits covering all categories), KYC Audit (customer verification and compliance), Risk Categorization, Beneficial Ownership Identification, Account Opening Documentation, Digital KYC & Accessibility, Ongoing Due Diligence, Record Keeping & Data Security, Reporting & Remediation, Regulatory References, Internal Audit, Tax Advisory, and Compliance & Regulatory Advisory. These services are not a platform-plus-modules architecture but rather a suite of related professional services delivered by a team of 150+ professionals to 500+ clients across asset management companies, stock brokers, depository participants, IT companies, and construction firms.

Differentiator

Problem solved

Functional benefit

Products and services

• PMS Audit Statutory and compliance audit of Portfolio Management Services (PMS) providers, delivered to SEBI-regulated asset managers that require periodic independent audit of their PMS operations.
• AIF Audit Statutory and compliance audit of Alternative Investment Fund (AIF) managers, delivered to SEBI-regulated AIF entities that require periodic independent audit of fund operations.
• KYC Audit Independent KYC audit and review service covering risk categorization, beneficial-ownership identification, account opening documentation, digital KYC and accessibility, ongoing due diligence, record keeping and data security, reporting and remediation, and regulatory references, for stock brokers, depository participants, and other SEBI-regulated intermediaries.
• Internal Audit Outsourced internal audit services for Indian corporates, banks, and financial institutions requiring periodic review of internal controls, processes, and risk management.
• Tax Advisory Tax advisory services covering direct and indirect tax planning, compliance, and advisory, delivered to corporate and individual clients of the firm.
• Compliance & Regulatory Advisory Broader compliance and regulatory advisory services for corporates and financial-sector clients, covering ongoing compliance obligations and regulatory referencing across Indian statutes.

Quantifiable outcome

• Zero compliance failures in audits, ensuring complete regulatory adherence
• +1 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Singhi & Co: Indian CA firm with capital markets and securities compliance expertise serving broking, PMS, and AIF clients. Direct mid-tier peer offering similar audit, tax, and regulatory advisory services to financial services clients.
• Walker Chandiok & Co: Large Indian chartered accountancy firm with a dedicated financial services practice covering PMS, AIF, and broking audits. Direct mid-tier peer with similar service portfolio and SEBI compliance specialization but with pan-India office footprint.
• ASA & Associates: Mumbai-based chartered accountancy firm with established financial services audit and advisory practice. Closely comparable in size, geography, and SEBI-focused service mix to Aneel Lasod, competing for the same PMS and AIF clients.
• Khimji Kunverji & Co: Mumbai-headquartered chartered accountancy firm with strong financial services audit practice. Comparable scale and similar SEBI compliance service portfolio targeting Indian asset managers and brokers.
• MGB & Co: Indian chartered accountancy firm with dedicated financial services and SEBI compliance practice. Similar mid-tier scale and service mix, competing for PMS, AIF, and broking audit mandates across India.
• Chhajed & Doshi: Indian CA firm with established securities market audit practice serving stock brokers and PMS providers. Direct comparable in niche specialization and mid-tier positioning to Aneel Lasod.

Broad incumbents

• B S R & Co (KPMG India affiliate): Indian member firm of KPMG with a strong capital markets audit practice serving PMS, AIF, and broking clients. Directly comparable in target customer (SEBI-regulated asset managers) but operates at much larger scale across multiple Indian cities.
• Price Waterhouse & Co (PwC India): Indian member firm of PwC with extensive capital markets and asset management audit practice. Competes for the largest PMS, AIF, and broking clients with global delivery capabilities Aneel Lasod cannot match.
• Deloitte Haskins & Sells (India): Indian affiliate of Deloitte providing audit, tax, and advisory including SEBI-related compliance work for large PMS/AIF managers. Competes for the same enterprise client base as Aneel Lasod but with significantly broader resources and global network.
• Ernst & Young LLP (India): Indian EY practice serving large asset managers and brokers with audit, tax, and regulatory advisory. Broader scope and brand reach than Aneel Lasod but overlaps in the SEBI-regulated audit and compliance space.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aneellasodandassociates

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Aneel Lasod And Associates