About Consult IBC
Consult IBC is a Business Services company based in Kolkata (India) founded in 2012 by Harsh Vardhan Passari. Business management consulting services are provided from Kolkata, India. Consult IBC has raised $120.67 thousand across 2 funding rounds from investors including Piyush Agarwal, Raghunath Passari and Vandana Passari. The company has 19 employees. Consult IBC was last valued at $201.38 thousand in June 2019. Its Indian entity Ibc Consultants Private Limited reported revenue of ₹3.34 Cr. Its focus areas include Management Consulting Services and Horizontal.
Company details
IBC was established in 2012 and is headquartered in Kolkata, India. Consulting services focused on business management are delivered to clients in various sectors. Operations center on advisory support for organizational efficiency, strategy, and operations. The company is led by co-founder Harsh Vardhan Passari. Expertise is applied across local and regional markets, with a domain presence at consult-ibc.com. Core activities emphasize practical solutions for business challenges.
- Headquarters Kolkata, India
- Employees 19
- Founders Harsh Vardhan Passari
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website consult-ibc.com
- Social LinkedIn X Facebook
- Legal Name Ibc Consultants Private Limited
- Date of Incorporation 30 Jun, 2011
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹3.34 Cr
FY 2024 · +2% YoY
- Net Profit₹32.5 Lakh
FY 2024 · 10% margin
- EBITDA₹67.4 Lakh
FY 2024 · 20% margin
- Total Equity Funding$120.67K (USD)
in 2 rounds
- Latest Funding Round$66.18K (USD), Angel Round
Jun 2019
- Employee Count19
Associated legal entities of Consult IBC
Consult IBC operates through Ibc Consultants Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ibc Consultants Private Limited CIN U74999WB2011PTC164408 | Active | 30 Jun 2011 | Kolkata, West Bengal | ₹3.3 Cr | 19 | 3 | View details |
Funding Insights of Consult IBC
Consult IBC has successfully raised a total of $120.67K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $66.18 thousand completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $120,673
- Total Rounds 2
- Last Round Angel Round — $66,178
- First Round $54,495
(Oct 2017)
- Investors Count 7
All 2 funding rounds of Consult IBC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $66,178 | Angel Round | $201,377 | Piyush Agarwal | |
| Oct 2017 | $54,495 | Seed | $69,153 | Altonaexim |
Last known valuation $201,377 (Jun 2019). 7 investors in total: 1 institutional and 6 angel.
Investors in Consult IBC
Consult IBC has secured backing from 7 investors, including angel and institutional investors. Prominent investors backing the company include Piyush Agarwal, Raghunath Passari and Vandana Passari.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PA Piyush Agarwal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_0e5a44ce9d7c4186b | ||
RP Raghunath Passari | unknown_8c07b0215f634d0ea | |||
VP Vandana Passari | unknown_dfc8ba44f2a14a0fb | |||
HV Harsh Vardhan Passari | Angel investor and entrepreneur, focused on tech startups in India. | unknown_8d3acce8c1f24124a | ||
RP Ritu Passari | Angel investor focusing on early-stage startups in India, based in Mumbai. | unknown_114c5f767b054d9e9 | ||
SD Savitri Devi Passari | unknown_7dfbf99252934c0db |
Investor details for Consult IBC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ibc Consultants Private Limited (Consult IBC)
Ibc Consultants Private Limited is the primary company behind Consult IBC. The board of Ibc Consultants Private Limited currently have 3 directors; the longest-serving is Vandana Passari, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vandana Passari DIN 00056441 | Director | 30 Jun 2011 | 15 yrs 4 mo | Ibc Consultants Private Limited |
| Harsh Vardhan Passari DIN 00056346 | Director | 30 Jun 2011 | 15 yrs 4 mo | Ibc Consultants Private Limited |
| Ritu Passari DIN 06842696 | Director | 16 Oct 2017 | 9 yrs | Ibc Consultants Private Limited |
People of Consult IBC
5 people are tracked at Consult IBC (2 in leadership, 3 in team); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-founder | Leadership | |
Sudip Rudra | Project Manager | Team |
Somnath Biswas | Senior IT Admin & Sr. Information Analyst: Level III | Team |
Harold Monty Sacher | Associate | Team |
Complete people profiles for Consult IBC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Consult IBC
Figures of Ibc Consultants Private Limited, the primary company behind Consult IBC, for FY 2024. Revenue was ₹3.34 Cr (+2% year on year). Net profit was ₹32.5 Lakh (10% margin). EBITDA was ₹67.4 Lakh (20% margin). Revenue has grown at a compounded annual rate of +7% over three years and +13% over five years.
- ₹3.34 CrRevenue · FY 2024 · +2% YoY
- ₹32.5 LakhNet profit · 10% margin
- ₹67.4 LakhEBITDA · 20% margin
- ₹7 LakhPaid-up capital
- 19Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ibc Consultants Private Limited are on its company page.
Detailed financial statements for Consult IBC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Consult IBC
3 dated milestones of Consult IBC across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Consult IBC is founded.
- Funding First funding round of $54K.
- Funding Latest funding round, Angel Round, of $66K.
Top companies in Professional Consulting & Advisory
3 companies that operate in the same segment as Consult IBC (Professional Consulting & Advisory) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of end-to-end solutions encompassing talent acquisition, workspace design and management, business operations, and payroll services | 2008 | Bengaluru, Karnataka, India | USD 197.78 M | USD 81.57 M | 341 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 151.22 M | 25,611 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 18.8 M | USD 1.59 B | 24,594 |
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Frequently Asked Questions about Consult IBC
Consult IBC was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Consult IBC is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Consult IBC is a funded company, having raised a total of $120.67K across 2 funding rounds to date. The company's 1st funding round was a Seed of $54.5K, raised on Oct 2017.
Consult IBC has 19 employees.
The primary company behind Consult IBC, Ibc Consultants Private Limited, reported revenue of ₹3.34 Cr for FY 2024, up 2% year on year.
IBC was established in 2012 and is headquartered in Kolkata, India. Consulting services focused on business management are delivered to clients in various sectors. Operations center on advisory support for organizational efficiency, strategy, and operations. The company is led by co-founder Harsh Vardhan Passari. Expertise is applied across local and regional markets, with a domain presence at consult-ibc.com. Core activities emphasize practical solutions for business challenges.
Consult IBC has 7 investors. Key investors include Piyush Agarwal, Raghunath Passari, Vandana Passari, Harsh Vardhan Passari, and Ritu Passari.
The valuation of Consult IBC is $201.38K as of Jun 2019.
Consult IBC operates through Ibc Consultants Private Limited.
The legal entities of Consult IBC currently have 3 directors, including Vandana Passari, Harsh Vardhan Passari, Ritu Passari.