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An Overview

Earth has never spun faster than in recent times and with this, the pace of the business has increased tremendously. While clients are constantly looking for growth, engaging with new technology and striving to innovate they are also seeking to be guided and be hand held by advisors who could make sure that they help them calibrate and keep them in the right direction and a hurdle free path so as to help them achieve their ambitions and dreams. We at triageAdvisors are fully committed to stay in lockstep with the client and keep the client’s best interest in our hearts and minds. We want them to grow, we want them to prosper, we want them to be happy, we want them to never run into any trouble with compliance, tax, financing, assurance and accounting challenges. We are the vanguard – and we want them to focus on what they do best which is to solve real business problems and make the world a happier place.

triageAdvisors is a multi-location professional services firm headquartered in Bangalore. With offices in Bangalore, Delhi, Mumbai, Kolkata, UK, USA, Luxembourg, Singapore, and Canada we aim to create key world corridors for our clients and support their global ambitions. The firm offers its clients a full range of services including Assurance, Tax, Financial and business advisory, CFO Services, Streamlining and Automation services, regulatory and risk-related services.

While we focus on value-add, reliability, service excellence, transparency and everything else that sounds good, at the heart, its Client First, Trusted relationship.

About Us

Ajay Agarwal

Co-Founder and Partner

Ajay is a highly driven, reassuring leader who would instil confidence in clients. He is a Chartered Accountant with two decades of experience. In the initial years, he was with Eveready Industries as an internal auditor. Over the years he has worked in three out of the four big accounting firms in Tax Advisory i.e EY, PWC and most recently as Partner in KPMG before co-founding triageAdvisors. He has advised on Indian Foreign Investment policy and exchange control regulation relating to domestic and multinational companies and special focus on IT, ITES and manufacturing sector. Assisted clients in processing approval on various regulatory authorities and advising on Company Law Matter including incorporation of companies, capital structure, dividend, buyback of shares, liquidation of company. Ajay has represented clients at the High Court, ITAT, CIT (A) and DRP, successfully liaising with senior tax counsels on appeals. He has experience in identifying tax exposure and suggesting planning avenues to mitigate tax risks and advice clients on application of GAAR, Advanced Pricing Agreements, Specified Domestic Transaction. He has also worked with domestic and foreign venture funds providing tax diligence and transaction support in M&A. With KPMG he has also spent time in New York as a Tax Leader for the India-USA practice and has appreciation for cross cultural work ethics. He loves to read.

Arinjay Jain


Arinjay Kumar Jain, is a Chartered Accountant with 18+ years of experience in M&A , Corporate Restructuring , International and Corporate Tax. He was a Director with KPMG until 2014 and thereafter has been working with the clients independently.

Experiences includes advisory on International Tax Inbound and Outbound Investments, M&A Tax and Income-Tax,  GST , FEMA , Corporate Restructuring like Merger and Demergers, Trust and Succession planning, family settlement, and  managing Finance Function for US Clients and Private Equity funded companies etc.  In the process he has assisted clients on Entity structuring, Capital structure, Dividend planning, Buyback strategies, ESOP planning, Liquidation. He has represented clients at the ITO and CIT(A) level for Income Tax matters.   He has worked and provided due diligence and transaction support in M&A to the Indian entities. Other experiences includes – Financial planning, Cash flow management, Corporate Tax Compliances and ongoing tax planning.

Bhavana Khemka

Co-Founder and Partner

Bhavana is very client focused and a leader that drives at pace. She is a Chartered Accountant with over 17 years of experience out of which 10 years were with EY and the rest in the industry and most recently as a unit CFO in Dhunseri Tea and Industries before co-founding triageAdvisors. She has a great expertise in Accounts & Finance from maintenance to finalization of accounts of large corporates. She has an excellent understanding of budgets, ageing & revenue analysis, preparing reports to exercise financial controls and enhancing overall efficiency of the organization. She has developed herself in conducting financial analysis, implementing systems & exercising effective internal controls from her rich experience. She also has a profound knowledge of IAS, IFRS & Ind-AS and as well as internal audit and accounting standards. She has managed a demerger process of a listed company and she has also implemented the GST-Impact Analysis, invoicing, agreement to input data capturing. She loves adventure sports.

Dhaval Vakharia


Dhaval is a Chartered Accountant and a member of the Institute of Internal Audit, USA. He has an experience of over 15 years working in Private Equity / Venture Capital Funds and KPMG India in the areas of  International /Corporate Taxation and Regulatory Services, Consulting, Enterprise Risk Management.

He has core competence in the entire investment cycle of a Venture Capital / Private Equity Fund, including fund raising (debt as well as equity), Portfolio Company Management, deal origination, assessment, negotiation, asset monitoring, exits and distribution waterfall.

He leads and participates at industry level through industry forums and makes representation to various Central Government authorities including Finance Secretary of India, Ministry of Finance, SEBI, RBI, IRDA, CFO Forum.

Ghanshyam Das Khandelwal

Co-Founder and Partner

Ghanshyam is an engaging, inspiring and a visionary leader with a high entrepreneurial zeal. He has over two decades of experience and during this time he has done stints as an accountant, auditor, investment banker, transaction banker and most recently focusing on large institutional client on-boardings before co-founding triageAdvisors. He has worked in vintage family offices, and large global organisations like EY, Goldman Sachs, HSBC, and has high appreciation for client centricity and execution excellence. He made a significant contribution in establishing the IB division for Goldman Sachs in India. He has worked on notable transactions in Metal and Mining, Aerospace and Defense sectors. He later joined HSBC to setup and lead businesses for the group in Sri Lanka, Luxembourg, Kolkata and Bangalore. He has also worked in New York, Cleveland, Charleston, Guangzhou before finally settling into Bangalore and has a good understanding of different cultures and styles. He brings immense expertise in M&A advisory, streamlining, automation, risk and governance. He loves to run.

Narendra Soni


Narendra, a Chartered Accountant, has an experience of over 18 years which included KPMG India, KPMG Singapore, Deloitte and Sharp & Tannan.

He has significant experience in international tax issues, cross border tax planning and dealing with exchange control and other regulatory authorities in India. He has advised international as well as domestic companies on effectively structuring their inbound and outbound investments to and from India.  He has been advising clients in planning their tax positions as well as making representations, handling tax assessments with the revenue authorities and providing litigation support.

He has experiences across multiple sectors including – Consumer markets, Manufacturing, Logistics & Transportation services, Healthcare, Financial services, Consulting, etc. He loves to watch movies.

Prasad Prabhakar

Head of Human Resources Practice

Prasad is a passionate HR Leader with a stellar record of successfully designing, deploying & institutionalizing strategic HR initiatives to achieve high performance, higher engagement and to continuously deliver business results. He has comprehensive exposure to all facets of Talent management in world class business environments across companies like Infosys, Sasken & iGate. His last corporate role was as the Head of HR for Trianz, (Silicon Valley IT Consulting firm specializing in digital solutions) where he led the organization through a phase of rapid growth and continuous transformation.


Prasad specializes in Organization Development and has orchestrated multiple success stories for our clients through effective Performance Management, Compensation Strategy and Competency Development interventions.


At triageAdvisors, Prasad is responsible for helping to solve our client’s problems in the area of HR and Talent Management. This involves M&A integration, Organization Design, articulating the right HR strategy, Talent Acquisition, Performance & Total Rewards Management, Capability & Leadership Development, Career & Succession Planning, Off-boarding & Exit Management, Change Management and Workplace Digitization.


He is a Bangalorean; loves good food and good music!

Shweta Chugh


Shweta Chugh, Partner, is the UK Head with over 10 years of experience working in UK and India. She did her bachelors in Commerce and Accounting from Sri Ram College of Commerce, Delhi University and is an MBA in Finance.

She has worked in strategy, corporate development and business planning & analysis roles for banks, consulting and advisory companies such as HSBC, Lloyds Banking Group, NBNK and McKinsey & co. In her last stint she worked at Shawbrook Bank, privately-owned UK challenger bank backed by Pollen Street Capital and BC Partners. She was the Director in the CEO office with a broad remit covering the role of a chief of staff / strategy director. Her core competencies are in building strategies for organic and inorganic growth, mergers and acquisition, business and portfolio valuation and modelling, digital transformation, driving operational efficiency, forecasting and planning, financial and competitive analysis. She was the member of the core team leading the IPO process for listing of Shawbrook Bank on LSE in 2015 and was involved in banking licence application whilst at NBNK.