TFS Gulf 
- Baker Tilly ASA India is going places…next stop? Pune.
- The firm has merged with ANRK & Associates (ANRK).
- With 8 offices and 1,200+ professionals, it’s doubling down on its goal of building a truly Indian firm with a global edge.
It goes back to 1991
At the age of 26, Ajay Sethi began the practice in a very small room (8 feet wide and 10 feet long) with an asbestos-based roof.
What would happen next? He had no inkling of what lay ahead.
You can read his story here.
ASA went on an expansion spree
From 2005 to 2015 they went into a massive expansion mode; pursuing mergers, and expanding their portfolio.
- New Delhi
- Mumbai
- Gurgaon
- Ahmedabad
- Bengaluru
- Chennai
- Hyderabad
- Kochi
In 2022, in an interview with The Finance Story, Ajay Sethi mentioned, “ASA will make mega strides in India and outside of the country, and we are working toward that vision. I think in 5 to 6 years we will see major changes where mid-sized firms that are more agile will scale and grow. Accounting practices with ambition will go global.”
Joining Baker Tilly International Network
In 2023, ASA & Associates joined the network of Baker Tilly International.
It was a pivotal moment for them.
This helped ASA acquire a global reach, through Baker Tilly’s 148 territories, 700 network offices and 42,000 professionals.
Today, ASA stands tall as one of the largest member firms in the Baker Tilly International network.
Entering Pune
And now it’s making moves into Pune, one of India’s fastest-growing business hubs.
Why Pune?
Because Pune is where business meets innovation.
It’s a hub for tech, manufacturing, and startups; exactly the kind of ecosystem Baker Tilly ASA wants to empower.
“Pune is a vibrant hub for innovation, industry, and entrepreneurship. With our expansion here, clients can now tap into the full strength of Baker Tilly ASA’s local expertise, powered by national scale and global reach,” said Ajay Sethi, Managing Partner at Baker Tilly ASA India LLP.
About ANRK
Founded in 2012, ANRK & Associates brings together 70+ years of combined experience in advisory and assurance across its team.
ANRK offers a broad spectrum of services, catering to both domestic Indian companies and internationally-oriented clients.
- Audit
- Accounting
- Tax
- Financial reporting
- Business consulting
- Debt financing,
Wrapping up
By joining forces with ANRK, Baker Tilly ASA will give Pune-based companies access to a wider range of services, advisory, assurance, tax, and business solutions.
Baker Tilly Global CEO Francesca Lagerberg said this expansion shows their “commitment to building a network of globally united firms that help entrepreneurial businesses grow confidently in dynamic markets.”
FAQs
Q: When did Baker Tilly first enter India?
Baker Tilly’s presence in India can be traced back to partnerships and joint ventures.
For example, in January 2015, Baker Tilly International partnered with the Indian firm Desai Haribhakti (DHC) to set up a global center of excellence in India.
Q: What are the benefits of joining a global accounting network?
Global Reach & Referrals: A local firm can serve its clients’ international needs by referring them to a trusted partner firm abroad. In turn, the firm receives new business referrals from the network when a client needs services in its local territory.
Enhanced Credibility: Associating with a recognized international brand lends immediate global reputation and credibility, making the firm more competitive against larger firms.
Access to Expertise and Resources: Member firms gain access to a global pool of technical knowledge, best practices, and resources, and new technology.
