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Inside Kirtane & Pandit’s growth story: Exclusive partner insights: 2011-2015 was a boom period, 2024 can be next!

Senior Partner at Kirtane & Pandit discusses how the firm went from 150 team members in 2004 to 900 in 2023 with strategic planning. He tells new entrants and CAs to embrace AI and tech disruption.

The Finance Story by The Finance Story
Published date: 17th January, 2024
Last edited date: 17th January, 2024
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Kirtane & Pandit, a 70-year-old CA Firm in India not only survived but thrived. Here is their growth journey.
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  • Hi, I am Milind Limaye. I set up my CA Practice in the late 1990s, but times were tough and my partner decided to move overseas.
  • But guess what? In 2004, Mr. Ravi Pandit, the senior-most partner at Kirtane & Pandit approached me to join the firm as a partner. I took the opportunity.
  • Fast forward to today, and we have grown at least 50 times, with 900 team members and over 30 partners. This success was not a result of mere luck, but rather meticulous strategic planning.
  • Here is how we did it.

Backstory: 7 decades of Kirtane & Pandit

Today Kirtane & Pandit is a leading firm in India with a workforce of almost 900 and its presence in 11 cities.

The growth of the firm can be divided into four phases.

Phase 1

  • 1950s: In 1956, Kirtane & Pandit started as a Pune-based firm when there was limited activity in the country. Consequently, their growth was relatively slow during this period.
  • 1960-1970: Kirtane & Pandit’s success took off in the ‘60s, witnessing exponential growth over a decade.
  • 1980s: When in the late ’70s or early ’80s, our senior-most partner, CA Ravi Pandit, an MBA from MIT took over the reins from his father, he changed the style of the practice. He brought in fresh ideas and visions that led the firm to a new growth level.

Phase 2

1990s: The Indian economy opened up in 1991 which marked the firm’s second growth phase.

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