How this outsourcing firm strives to provide end-to-end business functions support to startups : YourKPO

• ByStartupStory     |    December 17, 2021

“I was working with a startup as a CFO, after that I got a couple of job offers that I rejected because I wanted to create something which can be a brand and create employment,” said YourKPO founder and CEO Gaurav Nanda in an exclusive interview with Startup Story.

With the Indian startup ecosystem positively booming, individuals are joining the startup landscape in hope of founding and running the next big startup. Actually running a startup, however, takes more than just an idea.

With a myriad of responsibilities to tend to, it is often the case that founders—most often adept at product innovation and ideation—find themselves at odds with tasks pertaining to Finance, HR, Marketing, and IT. YourKPO is a startup’s one-stop solution for everything pertaining to Finance (YourCFO), HR (YourHR), and soon marketing, and IT.

Outsourcing business functioning

Founder Gaurav Nanda, having worked in the realm of finance for many years at companies like Infosys and Deloitte, founded Your KPO in July 2021 with the express goal of offering startups a one-stop solution to manage their finances, HR, marketing, and IT needs.

“We can help startups reach a stage where everything can be provided by us. We can register their company, managing finances, compliances, and virtual CFO services called YourCFO. We can help find human resources through YourHR, we can direct their marketing needs to our marketing portfolio …whatever a startup needs we can provide it to them, [sic]” stated Gaurav.

The company’s finance offshoot, YourCFO, is CA Nanda’s way of streamlining financial processes for startups through the medium of outsourcing. The organisation becomes its clients’ CFO—taking over the financial duties from founders and letting them spend their time and energy on the things they are good at.

YourKPO is set to launch marketing, and IT verticals alongside its existing offerings. The organisation will be able to cross-sell a host of services to its clients, making it easier for startup founders and core teams to focus their efforts on ideation and core business processes, leaving their business function in capable hands. 

Aspirations and team structure

Having established a stable career as a CA, Nanda decided that he wanted to do something that will create employment and help build potential within the country. Today, YourKPO has offices in Bengaluru, Mumbai, Delhi, and Kolkata. 

The company is headquartered in Bengaluru and majorly functions from there—all clients based in Bengaluru, Delhi, and Kolkata are catered to from this branch. The Mumbai branch services Mumbai-based clients and has a significantly smaller team.

Nanda himself travels between the two cities periodically to ensure that the organisation and its employees are functioning optimally.

“We try to create [workflow] processes in such a way that you hardly require intervention,” commented Nanda.

Moving forward

When asked if he had any advice for future entrepreneurs, Nanda highlighted the importance of working diligently at making your idea a reality. His advice was underscored by a sense of urgency wherein he urged readers to start working on their vision as soon as possible, the startup ecosystem is currently booming.

“If you have an idea, focus on it and implement it, because it is now or never. If you can’t implement the idea now, it’ll be too late,” urged Gaurav. He added, “You have to take a risk when you start. If you fail, okay—you can get up and try again.”

YourKPO is still in its early days of existence, and yet the firm is determined to become a one-stop solution for all the business functions related needs for the Indian startup ecosystem. The company seems to have a dazzling future ahead of it.

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