BizExpress

Virtual CFO services: a finance head for the hours you need.

Cash runway, board packs, budget versus actuals and fundraise support, from an expert who has done it before.

Price estimator

  1. 1Price
  2. 2Details
  3. 3Done
Plan

Everything in Starter, plus

  • Fundraise and investor reporting
  • Budget vs actuals
  • Team and vendor finance processes

No government fee.

  • Professional fee₹49,999
  • GST at 18% on our fee₹9,000
Total per month₹58,999

₹7,07,988 a year including GST. No government fee.

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Key facts

Service
Virtual CFO: a fractional finance head for 8 or 20 hours a month
Scope
Cash runway and a 13-week forecast, board packs, budget versus actuals, fundraise and lender support
Time taken
A monthly rhythm around your board or investor update; the first month includes a finance health check
Our fee from
₹24,999 per month + GST
Government fees
No government fee.
Who it is for
Funded startups and growing companies that need a finance head without a full-time hire
Reporting
Board pack with commentary sent three working days before the meeting
Commitment
Month to month; larger scopes quoted after a call

Why founders trust BizExpress

  • 4.8on Google
  • 2,800+companies incorporated
  • DPIIT-recognisedstartup
  • 2 working hoursreplies within

Trusted by teams at

  • Zepto
  • Biryani By Kilo
  • Beyond Seed
  • Wigo Industries
  • Motherhood Hospitals
  • Wonderla
  • Franck Muller
  • Maino.ai
  • Asia Healthcare Holdings

Is a virtual CFO right for you?

It fits if you

You have raised a round and the board wants numbers

Investors expect a monthly pack with burn, runway, budget versus actuals and a view on what is next. A fractional finance head produces it and sits in the meeting.

You are growing faster than your bookkeeping

Revenue is up, the bank balance is confusing, and nobody owns the finance processes for vendors, collections and approvals. That is finance-head work, not accounting work.

Your next raise or loan is 6 to 9 months away

A fundraise goes faster when the model, the data room and the metrics are ready before the first meeting, and when someone on your side has read a term sheet before.

Transparent pricing. Government fees itemised, always.

Professional fees below are per month and exclude GST. There is no government fee. Plans are sized by hours a month, and the Custom plan is scoped on a call.

Starter

₹24,999+ GST, per month

8 hours a month.

  • Monthly finance review
  • Cash flow forecast
  • Board pack inputs
Popular

Growth

₹49,999+ GST, per month

20 hours a month.

Everything in Starter, plus

  • Fundraise and investor reporting
  • Budget vs actuals
  • Team and vendor finance processes

Custom

quoted on the call

Scoped to your stage.

Everything in Growth, plus

  • Quoted after a scoping call

Why the ₹999 offers cost more

The ₹999 offerBizExpress
Who you getA rotating analyst behind a dashboardOne named finance expert who knows your business and joins the board call
RunwayA cash number on the last day of the monthA 13-week cash forecast and a runway date updated every month
Board packSlides you assemble the night beforeA pack with commentary, sent to the board three days ahead
FundraiseA deck and good luckModel, metrics, data room and a second pair of eyes on the term sheet

What a month looks like with a virtual CFO

The same rhythm every month, built around your board or investor update. The first month adds a finance health check and a 12-month budget if you do not have one.

  1. 1
    Week 1

    Close review and runway

    The month's books are closed by the accounting team. We review the numbers, update the 13-week cash forecast and the runway date, and flag anything that moved against plan.

    We
  2. 2
    Week 2

    MIS and budget versus actuals

    You receive the MIS with commentary: revenue, gross margin, burn, budget versus actuals by department, receivables and the metrics your investors track. A 30-minute call to go through it.

    WeYou
  3. 3
    Week 3

    Board pack and decisions

    In the Growth plan we prepare the board or investor pack, circulate it ahead of the meeting and attend it. Decisions on hiring, pricing and spend are modelled before the meeting, not after.

    WeYou
  4. 4
    Week 4

    Processes and projects

    The remaining hours go on what the business needs that month: a vendor approval process, a collections push, an ESOP question, a loan application, an audit or a fundraise workstream.

    We
  5. 5
    Every quarter

    Reforecast and tax planning

    The 12-month budget is reforecast on actuals. Advance tax is estimated before the 15th of June, September, December and March, and the annual filings calendar is checked.

    WeYou

When the role changes

  • FundraiseModel, metrics, data room, term sheet review and investor reporting after close
  • First finance hireWe write the role, interview with you and hand over the processes and the model
  • Audit and year endThe audit file is ready in April because every month was closed and reviewed
  • Bank loanCMA data and the project report come from the same model the board already sees
  • Each quarterReforecast, advance tax estimate and a check on the annual filings calendar
See the compliance calendar

Documents you need

The first month is a health check. We read what exists before changing anything.

To start

  • Access to the accounting software and bank statements for the current year
  • Latest audited accounts and the MIS, if there is one
  • Cap table, shareholders' agreement and any investor reporting obligations
  • Current budget or plan, even if it is a rough spreadsheet
  • Existing loan agreements and repayment schedules

Each month

  • The closed books from your accounting team, or ours
  • Sales pipeline, headcount changes and any large spend planned
  • Board or investor meeting dates for the quarter

For a fundraise or a loan

  • The current deck and any model an investor or bank has already seen
  • Term sheets received, and the shareholders' agreement from the last round
  • Reporting obligations promised to existing investors or lenders

Want this as a checklist?

We send the list to your WhatsApp so you can tick it off from your phone.

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Six mistakes we see every week

  1. Measuring runway from the bank balance

    Runway is cash after the money you have already committed: salaries due, GST and TDS payable, vendor invoices and the loan instalment. A 13-week forecast shows the real number.

  2. Hiring a full-time finance head too early

    A senior finance hire at seed stage costs more than the finance work justifies, and they leave when the work is not there. A fractional finance head covers the gap until the volume is real.

  3. A board pack with no commentary

    Numbers without the story behind them produce a meeting full of questions. Three lines of commentary on each variance turns the meeting into decisions.

  4. Starting the fundraise without the data room

    The first diligence request lands within days of interest. Incorporation documents, ROC filings, contracts, IP and tax returns should be in a folder before the first meeting.

  5. Ignoring the budget after it is made

    A budget that is never compared with actuals is a wish. Monthly budget versus actuals by department is where overspend is caught while it is still small.

  6. Forgetting statutory dues in the cash plan

    GST, TDS, PF and advance tax fall due on fixed dates whether or not customers have paid. Leaving them out of the forecast is how a company with sales still misses payroll.

What founders say

4.8 on Google, 450+ reviews

It's been 5 years since the incorporation of my private limited company and they are experts at what they do.
Nishant ThakurFounder, TheemeWiz
Knowledgeable, professional and very cooperative. We can totally concentrate on business, leaving all financial compliance to them.
Puneet ShrivastavaNMS Exports International
Thanks Team BizExpress. It was refreshing to see an online service provider with such professionalism.
Dhawall KariaKaria Transports

Questions founders ask about CFO Services

How much do virtual CFO services cost?

Our professional fee starts at from ₹24,999 per month a month for 8 hours: a monthly finance review, a cash flow forecast and the inputs for your board pack. The Growth plan gives 20 hours a month and adds fundraise and investor reporting, budget versus actuals and finance processes. Larger scopes are quoted after a call. GST at 18% applies.

How long does it take for a virtual CFO to add value?

The first month covers a finance health check, a 12-month budget and the first cash forecast, so you have a runway date within four weeks. From the second month the cycle is routine: close review in week one, MIS in week two, board pack in week three. Most founders see the effect at the first board meeting we prepare.

What does a fractional finance head actually do each month?

Reads the closed books and updates the runway, writes the MIS commentary, prepares and attends the board or investor meeting, keeps the budget honest against actuals, and owns whatever finance project the month brings: a loan file, a pricing change, a vendor process or a fundraise workstream. The hours are agreed up front and reported.

Do you also do the bookkeeping?

Not within the CFO hours. The books are done by our accounting and MIS team or by your existing accountant, and the virtual CFO works from the closed numbers. Taking both from us means one team owns the close and the review, and the MIS lands sooner. Either way, clean monthly books are the precondition for useful CFO work.

How do you calculate cash runway?

Opening cash, less committed outflows by week for the next 13 weeks: payroll, statutory dues such as GST, TDS, PF and advance tax, rent, vendors and loan instalments, plus expected collections with a haircut for late payers. Divide the resulting cash by the average net burn to get the runway in months, and update it every month.

What goes into a board pack?

A one-page summary, the profit and loss against budget and last month, cash and runway, the metrics investors track for your business model, hiring against plan, risks and the decisions needed. Commentary on each variance. It goes to the board three working days before the meeting, so the meeting is about decisions rather than reading.

How do you support a fundraise?

Before: the financial model, the metrics investors will test, a data room organised the way funds run diligence, and the cap table with the ESOP pool sized. During: answering diligence questions, reviewing the term sheet and modelling the dilution. After: the investor reporting rhythm the shareholders' agreement requires. The pitch deck itself is a separate service.

When should we hire a full-time finance person?

When the finance work fills a week, every week. That usually happens somewhere between a Series A and ₹30 to 50 crore of revenue, or earlier in businesses with heavy transaction volume or inventory. We tell you when we see it, help write the role and interview with you, and hand over the model and the processes so the new hire starts from a system, not from scratch.

Do you handle tax planning and compliance too?

We plan, and the specialist teams execute. The virtual CFO estimates advance tax each quarter, decides between the 25% regime and Section 115BAA with the tax team, keeps the ROC and GST calendars in view and flags what is due. The filings themselves are done through our annual filings, GST and TDS services, so the finance head is not also the person keying in returns.

Can the virtual CFO talk to our investors and bank directly?

Yes, with your say-so. We join board and investor calls, answer diligence questions, and speak to the bank's credit team on a loan file. Many founders prefer that the numbers conversation is handled by the person who built the numbers. You stay copied on everything, and we never commit the company to anything without you.

What metrics should a startup track each month?

The ones that explain your business model, not a generic list. A subscription business tracks monthly recurring revenue, churn, acquisition cost and payback; a marketplace tracks gross merchandise value, take rate and repeat rate; a services firm tracks utilisation, revenue per person and receivable days. Every business tracks gross margin, net burn and runway. We agree the set in month one.

Are the hours fixed or can they change month to month?

The plan sets the monthly hours, and we report the time used. A busy month, such as a fundraise or an audit, can borrow from a quiet one within the quarter. If the work is consistently above the plan, we say so and agree a change rather than surprising you with an invoice. Larger scopes are priced on a call.

Sources and official references

Government fees, forms and due dates on this page are checked against these portals. Where a state or a year changes a figure, we say so on the call.

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