MYND Group Logo
Contact us

From Liaison Office to Legal Entity: Finance Transformation for Biotech Industry

How MYND enabled company incorporation and end-to-end accounting operations

Client Overview: Leading Food Preservation Provider

Our client is a prominent supplier of advanced food preservation solutions, serving the rapidly growing Indian food processing industry. Operating initially as a liaison office since 2015, they recognized the immense potential in India's expanding food sector and decided to establish a full-fledged business presence through legal entity incorporation.

Why Company Incorporation India Was Critical:

Liaison office limitations restricted business growth

Required expert guidance for smooth regulatory transition

Company incorporation India enabled complete business activities

India’s food processing market demanded full operational presence

Industry Highlights

Food preservation and processing solutions
Serving India's multi-billion dollar food industry
Focus on innovative preservation technologies
Growing market presence since 2015

Challenges Faced: Company Incorporation in India

"Transitioning from Liaison Office to Full Business Operations"

As India's food processing industry experienced unprecedented growth, our client faced critical operational challenges that required immediate strategic solutions:

Regulatory Transition Requirements

Operating as a liaison office limited their business activities. To capitalize on market opportunities, they needed to close their LO status and incorporate a legal entity enabling full business operations in India.

Accounting Infrastructure Gap

The new entity required a proficient accounting team capable of handling complex financial operations from day one, including local compliance, reporting, and integration with global systems.

Cost-Effective Scaling

As a startup operation in India, budget optimization was crucial. They needed expert financial services at reasonable costs while maintaining high-quality standards.

Virtual Financial Leadership

The absence of local financial leadership meant they required virtual controllership services to ensure proper financial governance and strategic decision-making.

MYND's Comprehensive Solution

MYND Solutions delivered comprehensive company incorporation India services combined with end-to-end accounting excellence.

Entity Incorporation & Setup India

  • Complete company incorporation India process management
  • All regulatory requirements and documentation handling
  • ROC filings and government liaison coordination
  • Seamless transition from liaison office status
  • Legal entity establishment with full compliance

ERP System Integration

  • India-specific ERP system configuration and setup
  • Global ERP systems (SAP) integration and alignment
  • Unified financial reporting system establishment
  • Seamless operational integration across platforms
  • Data migration and system synchronization

Complete Accounting Operations

Post-incorporation, our dedicated team assumed responsibility for comprehensive financial operations including:

  • Daily accounting and bookkeeping services
  • Tax planning and GST compliance management
  • Financial reporting and analysis
  • Payroll processing and HR compliances
  • Ongoing statutory compliances and regulatory maintenance
  • Regulatory filing and adherence

Process Standardization

  • Comprehensive SOPs development for all operations
  • Process documentation and standardization
  • Scalable framework creation for business growth
  • Operational efficiency optimization protocols
  • Quality control and audit trail establishment

SLA-Based Service Delivery

  • Robust Service Level Agreements implementation
  • Consistent service delivery standards establishment
  • Performance metrics and monitoring systems
  • Quality assurance and compliance tracking
  • Regular service review and improvement processes

Our Partnership Highlights

YEARS PARTNERSHIP
1 +
AREAS COVERED
0 SERVICE
EXPERT TEAM
1 PERSON
Ready to Transform Your Multi Country Operations

Transformational Results

Our comprehensive solution delivered exceptional value across multiple dimensions

Process Excellence & Continuous Improvement

Successfully completed company incorporation India with zero delays, ensuring immediate business continuity and full operational capabilities in the Indian market.

SLA-Driven Performance

SLA-driven service delivery post company incorporation India resulted in enhanced compliance controls, predictable operational outcomes, and superior business satisfaction.

Scalable Business Infrastructure

Built robust back-end infrastructure following company incorporation India, designed to support rapid business expansion in India's dynamic food processing market.

Cost-Effective Company Incorporation

Delivered expert-level financial services at competitive rates, optimizing operational costs while maintaining premium service quality.

Integrated Service Portfolio

Provided multiple specialized services under one roof, eliminating vendor management complexity and ensuring seamless service coordination.

Virtual Financial Leadership

Established virtual controllership capabilities, providing strategic financial guidance and governance without the overhead of full-time executive hiring.

Setup Centralized Shared Services Center

Multi Country Payroll
Process Automation
Finance & Accounting Services

Explore how MYND can support you in COMPANY INCORPORATION

Grow Globally, Operate Confidently

Let’s Talk →

How can we help you today?

Please select an enquiry type
Please describe your enquiry (10-500 characters)

Thank you for sharing your enquiry.

Before we send your message to our team, please tell us a bit about yourself.

Please enter your name (4-40 characters)
Please enter your company name

One last thing, what is your preferred way for us to contact you?

Please enter valid mobile number
Please enter valid email
Please select preferred contact method

F&A Solutions

HR Solutions

Staffing

International

Finance Automation

HR Automation

ABOUT MYND

MYND Group Alternate Logo
  • MYND Integrated Solutions Pvt. Ltd.
  • Reach Comercia Corporate Tower, 3rd Floor, Sector-68, Sohna Road, Gurugram, Haryana – 122101

© 2025 MYND Integrated Solutions Pvt. Ltd. | All Rights Reserved.

Contact US

Saurav Wadhwa

Co-founder & CEO

Saurav Wadhwa is the Co-founder and CEO of MYND Integrated Solutions. Saurav spearheads the company’s strategic vision—identifying new market opportunities, unfolding product and service catalogues, and driving business expansion across multiple geographies and functions. Saurav brings expertise in business process enablement and is a seasoned expert with over two decades of experience establishing and scaling Shared Services, Process Transformation, and Automation.

Saurav’s leadership and strategy expertise are backed by extensive hands-on involvement in Finance and HR Automation, People and Business Management and Client Relationship Management. Over his career, he has played a pivotal role in accelerating the growth of more than 800 businesses across diverse industries, leveraging innovative automation solutions to streamline operations and reduce costs.

Before becoming CEO, Saurav spent nearly a decade at MYND focusing on finance and accounting outsourcing. His background includes proficiency in major ERP systems like SAP, Oracle, and Great Plains, and he has a proven track record of optimizing global finance operations for domestic and multinational corporations.

Under Saurav’s leadership, MYND Integrated Solutions maintains a forward-thinking culture—prioritizing continuous learning, fostering ethical practices, and embracing next-generation technologies such as RPA and AI-driven analytics. He is committed to strategic partnerships, long-term business development, and stakeholder transparency, ensuring that MYND remains at the forefront of the BPM industry.

A firm believer that “Leadership and Learning are indispensable to each other,” Saurav consistently seeks new ways to evolve MYND’s capabilities and empower clients with best-in-class business process solutions.

Vivek Misra

Founder & Group MD

Vivek is the founder of MYND Integrated Solutions. He is a successful entrepreneur with a strong background in Accounts and Finance. An alumnus of Modern School and Delhi University, Vivek has also undertaken prestigious courses on accountancy with Becker and Business 360 management course with Columbia Business School, US.

Vivek is currently the Founder & Group MD of MYND Integrated Solutions. With over 22 years of experience setting up shared service centres and serving leading companies in the Manufacturing, Services, Retail and Telecom industries, his strong industry focus and client relationships have quickly enabled MYND to build credibility with 500+ clients. MYND has developed a niche in Shared services in India’s Finance and Accounting (FAO) and Human Resources (HR). MYND has also taken Solutions and services to the international space, offering multi-country services on a single platform under his leadership. Vivek has been instrumental in fostering mutually beneficial partnerships with global service providers, immensely benefiting MYND.

Mynd also forayed into a niche Fintech space with the setup of the M1xchange under the auspices of the RBI licence granted to only 3 companies across India. The exchange is changing the traditional field of bill discounting by bringing the entire process online along with the participation of banks through online auctioning.

Sundeep Mohindru

Founder Director

Sundeep initiated Mynd with a small team of just five people in 2002 and has been instrumental in steering it to evolve into a knowledge management company. He has brought about substantial improvements in growth, profitability, and performance, which has helped Mynd achieve remarkable customer, employee and stakeholder satisfaction. He has been involved in creating specialized service delivery models suitable for diverse client needs and has always created a new benchmark for Mynd and its team. Under his leadership, Mynd has developed niche products and implemented them on an all India scale for superior services. Mynd has been servicing a large number of multinational companies in India through its on-shore and off-shore model.

TReDS (Trade Receivable Discounting System) has been nurtured from a concept stage by Sundeep and the Mynd team. M1xchange, Mynd Online National Exchange for Receivables was successfully launched on April 7th, 2017. While spearheading the project, Sundeep and his team have built up the TReDS platform to meet RBI guidelines and enhance the transparency for all stakeholders. This platform and related service has the capability of transforming the way the receivable finance and other supply chain finance solutions are operating currently.

Sundeep is currently focused on providing strategic direction to the company and is working towards achieving high growth for Mynd, which will help in creating the products as per customer needs and increase its top line while maintaining the bottom line. He directly involves, develops, nurtures and manages all key client relationships of Mynd. He has also successfully acquired numerous preferred partners to support Mynd’s technology-based endeavors and scale up its business.

Sundeep has been the on the Board of Directors for many renowned companies. He has played a key role in planning the entry strategy and has set up subsidiaries for many multinational companies in India. In his leadership, Mynd has seen consistent growth at the rate of 20+ % CAGR from the year 2009 onwards. This was primarily because of investing into technology and bringing platform based offering in Accounting and HR domain for the customers.