‘VIRA’, is an abbreviation derived from the names of the 2 Chartered Accountant brothers -Vikas Jain and Rakesh Jain.
The founders of VIRA, both Vikas and Rakesh are Registered Valuers with the Insolvency and Bankruptcy Board of India (IBBI).
Vikas Jain, a Chartered Accountant from Institute of Chartered Accountants of India (ICAI) batch of 2004. He has worked with well-known Brands in India in different segments including Manufacturing, Services, Pharmaceutical, Power, Infrastructure and Transport.
His expertise covers Taxation, Corporate Accounting, Project Financing and Insurance. He has also gained proficiency in implementation of ERP systemsincluding SAP and other ERP software. His specialties include auditing, financial management, due diligence, internal audits, direct & indirect taxes, accounting and bookkeeping, Company Secretarial services and project financing.
He has provided his expertise to a wide range of clients in the pharmaceutical, IT and software, manufacturing, trading concerns, media, consulting, and education sectors. He has also served various early stage start-up entrepreneurs with his professional expertise in corporate advisory, accounting and compliance management and Audits.
Rakesh Jain is a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) and a B.Com Graduate from Osmania University, Hyderabad. He also has a Diploma in Information Systems Audit, Certifications in IFRS from the Institute of Chartered Accountants of England and Wales (ICAEW) and IND-AS certification from ICAI
As a co-founder of VIRA, Rakesh brings in expertise in niche accounting under various GAAPs (including convergence and transitions to US GAAP, IFRS and IND-AS), business valuations, domestic and international taxation (including transfer pricing), mergers & acquisitions, risk management and other corporate advisory services.
Rakesh has been part of large multinational companies such as Dr. Reddy's, Indiabulls, Hospira India (now Pfizer) and Renault-Nissan India. He supports various clients in setting up their offices in India and helping them scale. He also enables young entrepreneurs to establish and ramp up their start-ups. He is a leading IBBI Registered Valuer involved in valuations of businesses, share-based payments and other financial securities.