Lucid Advisory is a boutique corporate finance and advisory firm, we provide tailored cum strategically optimal financing solutions and business advisory services to large corporates, small & medium enterprises and start-ups at every facet of their business life cycle.
We understand that accomplishment of businesses is directly linked with optimal capital structure at least cost. Owing to our years of experience, we have pioneered in providing these services and we also protect you from restrictive lending policies, unreasonable collateral requirements, high interest cost, long disbursement issues, long sign-off practices and auxiliary business risks.
With a vision of providing niche, cutting-edge and efficient solutions; Lucid exists to empower entrepreneurs and business owners in achieving goals which will make them more profitable. Lucid Advisory strongly believes in innovation which was also recognised in November 2018 by Maharashtra start-up & Innovation Council as it was awarded as the best innovative start-up idea
Award by the Hon’ble Chief
Minister of Maharashtra, Mr.
In order to provide business owners a lot more than they expect, we have embedded core values like integrity, perseverance, and transparency as deeply nurtured by our ancestors. We, at Lucid Advisory, follow these to the
core while dealing with all stakeholders be it investors, customers, bankers, vendors, and employees to provide an enhanced and most efficient ecosystem to everyone.
Pillars of Lucid Advisory was founded by a first generation entrepreneur Mr Ashish Singodia who had mastered the art of debt funding and structuring at his very early stage of professional career.
Our approach: Professional,
independent and confidential
advice for hassle-free access to
finance and innovative business
November 2018 awarded as the best innovative start-up idea by the Hon’ble Chief Minister of Maharashtra,
Mr. Devendra Fadnavis.
The story as narrated by the Founder Mr. Ashish Singodia "The seeds of Lucid Advisory were sowed subconsciously in my mind when I was 19 years old. It started when I first saw my father, who was a small-scale supplier of building materials, deal with nationalised banks to avail an overdraft facility to meet his working capital requirement. During those days, bankers took advantage of my father’s limited exposure to banking system by charging unreasonable fees & interest rates, which made the entire working capital loan unviable for him. In addition, the irrational documentation coupled with delayed disbursements, further dented the project".
He continues "Coincidently, I became a Banker during early days of my career where I got exposed to similar experiences for other customers who were seeking loan. I also realised that many of the customers did not opt for the product which suited their needs, this was primarily due to lack of knowledge and quality advice. This experience as a banker made me realise how my father and other visionary businessmen / entrepreneurs could have gained more due to proper guidance, timely services, and better interest rates; all these would directly lead to higher productivity, robust business growth and higher profitable, eventually leading to the overall positive impact on themselves, and the society.
That’s how I thought of creating a platform to channelize the right resources to the business owners by giving them a lot more than just a ‘loan’".
Founder and Managing Partner
CA Anand Jain
CA Shrenik Shah
CA Sunil Sharma
For our new imported machinery, Lucid Advisory has provided us with right financial advice and a perfect solution which was very cost effective. I strongly recommend them to all manufacturers.
Mr. Jainam Shah, Director Western Rubbers India Pvt Ltd.
Ashish Singodia is the Founder and Managing Partner of Lucid Advisory. He has been the pioneer in revolutionising the firm from a sole debt syndication practice to a full-fledged corporate finance and advisory firm. He is a seasoned banker with over 12 years of experience in SME financing, debt syndication, corporate banking, and business advisory. Prior to Lucid, he was engaged in varied capacity with multinational banks like Barclays, RBS, IndusInd, ICICI and Kotak Mahindra.
Ashish is a visionary entrepreneur with focus on debt financing and fund raising, his ideas and passion to integrate finance and technology has also been well recognised in the start-up industry. Lucid Advisory was awarded as the best innovative start-up in November 2018 by Hon’ble Chief Minister of Maharashtra, Mr Devendra Fadnavis.
Ashish has successfully executed deals worth INR 5000 mn across sectors like financial services, manufacturing, infrastructure, engineering, solar, agriculture and various cross border transactions. He specialises in SME financing with ticket size of INR 10 mn to INR 1000 mn; his other area of expertise include debt re-structuring, fund raising, M&A, business advisory.
He is an Alumni of Indian Institute of Management, Calcutta (IIM-C).
You can reach out to Ashish for a discussion on:
Email Id: email@example.com
Deepika Singodia is the Partner of Lucid Advisory. She has been instrumental in reforming the firm taking it to newer heights. Setting up credit policies and increasing operational efficiency & managing credit process are few of her contribution of Lucid’s evolvement.
Having working with a reputed Chartered Accountant firm and for an MNC head quartered in Singapore, she possess nearly 7 years of work experience in handling and managing finances & taxation of multiple countries like India, Thailand, Malaysia & Singapore.
Holds Expertise in Corporate finance & Analysis, Financial reporting & control, taxation & compliance, working capital management.
Deepika was also part of the start-up idea, where Hon’ble CM of Maharashtra Mr. Fadnavis recognised their contribution and innovative idea.
She holds a degree of Intermediate Chartered Accountant from The Institute of Chartered Accountant of India.
You can reach out to Deepika for a discussion on:
Email Id: firstname.lastname@example.org
Anand Jain is on the advisory board of Lucid Advisory. Apart from Lucid, he is the founder partner of ASB & Associates. He has been involved and leading the team for all Direct taxation, litigation matters and SME listing. Anand is known for his business acumen and his in-depth knowledge in media industry. He has an experience of working with Grant Thornton as Chief tax advisor in his previous experience.
He is a qualified Chartered Accountant and Fellow Member of the ICAI. He is certified Corporate Managerial Finance.
You can reach out to Anand for a discussion on:
Email Id: email@example.com
Shrenik Shah is on the advisory board of Lucid Advisory. Apart from Lucid, he is the founder partner of SNC & Co. He has been involved and leading the team for Risk Advisory & forensic Audit. His expertise is in developing Risk Assessment, creating SOPs, Diagnostic audits & VCFO. Shrenik brings on table experience of 10+ year of in different industries banks, NBFCs & Financial Institutions. He has an experience of working with Deloitte and a renowned CA firm.
He is a qualified Chartered Accountant and Fellow Member of the ICAI. He is also a certified Forensic Accountant and Fraud Detection as affiliated by ICAI.
You can reach out to Shrenik for a discussion on:
Email Id: firstname.lastname@example.org
Sunil Sharma is on the advisory board of Lucid Advisory. Apart from Lucid, he is the founder partner of SWM & Associates. He has been involved and leading the team for all indirect taxation and GST compliances. Known for his honesty and integrity, he brings on table experience of audits of Nationalised & co-operative banks, Financial Institutions, Healthcare industry, Logistics industry, Engineering and auto components industry. He has an experience of working with some large CA firms in his previous experience.
He is a qualified Chartered Accountant and Fellow Member of the ICAI. He has also completed Diploma in Information System Audit (DISA) of ICAI.
You can reach out to Sunil for a discussion on:
Email Id: email@example.com