About Business Initiative Group
Business Initiative Group is a Business Services company based in Mumbai (India) founded in 2017. It offers business consulting and financial services to support organizational growth. It operates on a B2B model. Its focus areas include Financial Services, Consulting, Business Consulting and Financial Advisory.
Company details
Business Initiative Group operates with a B2B model, focusing on offering financial products and advice, offering consulting services, offering business consulting, and providing financial advice. Offers business consulting and financial services to support organizational growth. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Mumbai, India
- SectorsBusiness Services
- Email••••••••
- Website businessinitiativegroup.com
Associated legal entities of Business Initiative Group
Business Initiative Group is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pritha Realty & Developers Llp CIN ABZ-1461 | Active | 21 Nov 2022 | Mumbai, Maharashtra | 2 | View details | ||
| Red Mammoth Ventures Llp CIN AAT-2262 | Active | 05 Aug 2020 | Mumbai, Maharashtra | ₹0.5 Cr | 4 | View details |
Board of directors of Business Initiative Group
The boards of the 2 registered companies of Business Initiative Group currently have 4 directors; the longest-serving is Premal Rajesh Shah, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Premal Rajesh Shah DIN 08822685 | Designated Partner | 05 Aug 2020 | 6 yrs 3 mo | Red Mammoth Ventures Llp |
| Timothy John Curran DIN 06387408 | Designated Partner | 05 Aug 2020 | 6 yrs 3 mo | Red Mammoth Ventures Llp |
| Rashi Mahesh Hadkar DIN 10045379 | Designated Partner | 25 Feb 2023 | 3 yrs 8 mo | Red Mammoth Ventures Llp, Pritha Realty & Developers Llp |
| Rajesh Sukheja DIN 02208598 | Designated Partner | 01 Mar 2024 | 2 yrs 8 mo | Red Mammoth Ventures Llp, Pritha Realty & Developers Llp |
Financials of Business Initiative Group
Figures of Red Mammoth Ventures Llp, the primary company behind Business Initiative Group, for FY 2023. Revenue was ₹53.8 Lakh (+35% year on year). Net profit was ₹6.7 Lakh (12% margin). EBITDA was ₹11.1 Lakh (21% margin).
- ₹53.8 LakhRevenue · FY 2023 · +35% YoY
- ₹6.7 LakhNet profit · 12% margin
- ₹11.1 LakhEBITDA · 21% margin
Balance sheet, profit and loss, cash flow and ratios of Red Mammoth Ventures Llp are on its company page.
Detailed financial statements for Business Initiative Group
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Frequently Asked Questions about Business Initiative Group
Business Initiative Group was founded in 2017.
Business Initiative Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Business Initiative Group operates with a B2B model, focusing on offering financial products and advice, offering consulting services, offering business consulting, and providing financial advice. Offers business consulting and financial services to support organizational growth. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Business Initiative Group is associated with 2 legal entities: Red Mammoth Ventures Llp, Pritha Realty & Developers Llp.
The legal entities of Business Initiative Group currently have 4 directors, including Premal Rajesh Shah, Rashi Mahesh Hadkar, Timothy John Curran and others.