India, 12th August 2024: Pierag Consulting LLP, an India-based global consulting firm, has announced strategic goal and growth plans of achieving revenue target of over INR 100 Crores by end of FY 2025. The firm further plans to generate revenue of INR 210 Crores by FY 2026 and over INR 410 crores by FY 2027. This will mark a 630% growth between FY24 to FY27.
Tom Raffa, Co-Founder, Pierag Consulting LLP
Since its inception in 2021, Pierag Consulting LLP has recorded a Compound Annual Growth Rate (CAGR) of 210%, and has a robust projected target to continue with CAGR at 104% from FY2025 to FY2027. The firm also has strategic focus on tier-2 and 3 cities to hire and nurture the rich untapped talent pool. With this commitment, Pierag Consulting LLP will increase its workforce from 250 to over 1,000 professionals by FY 2027.
In terms of geographic expansion, Pierag Consulting LLP plans to add a new office location in India by FY 2026 and another international location by FY 2027 to broaden its global reach.
These growth plans are driven by the rapid expansion of the Indian offshoring consulting sector and Pierag Consulting LLP’s strong client portfolio, which includes a joint venture with Baker Tilly-US, the global 7th largest and India’s largest airline, the world’s largest food delivery company, the world’s largest e-commerce (reseller), one of the leading solar companies in the US, and several top global VC/PE funds.
Elaborating on the future plans, Abhishek Gupta, Founder & Managing Partner, Pierag Consulting LLP, said, “By the end of FY 2026, we are set to launch offerings such as Transaction Advisory, Cybersecurity, ESG Compliance, and solutions for VC/PE funds. Our focus will remain on integrating advanced technologies, identifying the right talent in India’s tier-2 and 3 cities, and provide them with world-class opportunities and career growth. With a projected growth rate of 104% CAGR from FY 2025 to FY 2027, we are positioned for sustainable growth and positive impact on the overall Indian consulting and offshoring sector.”
Pierag Consulting LLP was established by industry veterans Abhishek Gupta, Tom Raffa, and Pierian Services Pvt Ltd, as founding partners. The firm provides niche service offerings, including assurance, accounting advisory, business risk advisory and technological risk advisory, to clients across industries in the US, India and UK. It has offices in Gurugram, Bangalore, Jaipur, Chandigarh and Washington DC.