MEET MR. GAURAV JAIN FOUNDER OF LEXCOMPLY.COM
LexComply was ideated in 2014 and founded on 10th Feb, 2015. It is located in Delhi with a qualified team of 30 professionals.
CLIQTAX bring its insightful interview with a proficient Company Secretary and Founder of Lexcomply.com, Gaurav Jain.
Gaurav spearheads the team at RSJ and is the brainchild behind RSJ-LexComply (Compliance Management Tools). He is a Fellow member of ICSI and Bachelor of Law. Gaurav’s hard work, dedication, and journey so far is undoubtedly a career goal and an example to dream big and work hard towards the attainment of your dream.
“EDUCATION AND MOTIVATION IS THE BEST POLICY”-GAURAV JAIN
In a quick exclusive interview with CLIQTAX, Mr. Gaurav Jain, Founder of LexComply, spoke about this Venture LexComply.com
CT: Please tell us something about how LEXCOMPLY works, its features & benefits. What all services exactly do you offer under LexComply?
GJ: LexComply provides a robust automated compliance management platform for all your compliance, corporate governance and risk management needs as an organization. It strengthens the compliance management tasks and improves audit processes by effectively implementing compliance tasks, due dates, tracking responsibilities and accountability across the organization.
RSJ Lexsys has introduced a comprehensive e-Compliance Management Solution 'Lex Comply' that streamlines the risk and compliance process for organizations of all sizes and geographic diversity.
RSJ’s wide range of services includes;
- Research and Evaluation
- Data Management
- Compliance Review and Monitoring
- IT Support
CT: Brief background about you as Founder & another co-Founder?
GJ: Foundation of LEXCOMPLY laid by Gaurav Jain, who is also a company secretary with more than 18 years of expertise in Corporate Law Compliances, Due Diligence, FIPB, Venture Capital Fund, Joint Ventures, equity participation, NGOs. He is also an Ex-Founder RSJ Professionals.
LexComply is Co-founded by Pooja Aggarwal who is also the member of ICSI, ICAI, IFRS with more than 18 Years of Experience in Financial Management, Compliance, Secretarial, Due Diligence and Audits and Thomas Abraham who is having 30+ yrs in FinTech, Telecom, Publishing & IT.
CT: How did you conceive the idea of this brilliant venture?
GJ: LexComply was ideated in 2014 and founded on 10th Feb, 2015. It is located in Delhi with a qualified team of 30 professionals.
While advising 500+ corporate clients across India for Corporate Law Compliances, Due Diligence, M&A, VC Funding, etc, Gaurav Jain realized the need for a strong technology-driven Compliance Management Solution that marries legislative knowledge repository and technology.
With years of back end work and versions of product launches; LexComply was launched. Within a short period, they have come a long way and have launched 5 innovative SaaS-based risk and compliance management solutions and 3 advisory portals, Lexbuddy.com being the latest which already have more than 1000 subscribers in a short span.
To bring accountability and transparency, their solutions enable clients to know, delegate, report, monitor & manage their regulatory compliance & internal controls in a simple & effective manner.
Today, the firm has a sterling reputation and has grown to 10+ partner firms and is serving 100+ clients across India including major MNCs, large Indian corporates, start-ups, and consulting organizations.
CT: How the Journey of your profession started and your journey as a Company Secretary?
GJ: Started my journey in the year 2003 as Practising Company Secretary along with my friend and Partner Piyush Thakur and there after we merged our entity in 2004 with our friends and partner Vishal Rai and Sachin Sapra and founded RSJ Associates.
Four of us have their own area of expertise and with the objective of providing specialized services like Due Diligences, Transactional Advisory and Start-up advisory we founded RSJ Professionals Private Limited.
We in course of our professional journey have advised more than 500 corporates in and outside India and to make the compliance more effective RSJ Lexsys Private Limited (LexComply) for founded in 2015.
CT: As compliances and regulations are increasing, reforms have been made, how as a professional do you see them?
GJ: Reforms in compliances are essential not only from the point of ease of doing business but also to safeguard the interest of the Society, Employees, Business owners, Shareholders, Financial Institutions and other stake holders.
We as a nation have immense unlocked potential and for doing that it is essential that lot more action is required in terms of awareness about the change in regulations, repeal the some of the irrelevant and obsolete laws and compliances and most important is Technological all the departments in a State and subsequently all the States.
CT: Who is your targeted clientele and what strategy do you prefer to reach out to them?
GJ: Our target clientele for enterprise e-GRC solutions are Corporates and established consulting firms. For advisory portals like Lexbuddy.com is especially relevant for Lawyers, Chartered Accounts, Company Secretaries, Labour Law consultants.
We reach out to them by partnering with various organisations, online platforms and also by sharing knowledge via social media campaigns.
CT: How LEXCOMPLY is helping the businesses/start-ups in this compliance era?
GJ: Word Compliance what we understand denotes Complete Alliance of the Knowledge of Laws, Execution, Review and Legal Updates with Departments in Functions, Leadership team, Consultants and other Stakeholders of a business/start-up.
As LexComply we focus on ensuring this Alliance through our e-GRC solutions and advisory portals.
CT: What are the new areas which you suggest that your profession can contribute to a better manner?
GJ: As a professional I always believe that being a professional having studied so many Laws, we should focus on applying our knowledge of Law to facilitate sustainable growth of an entity. Besides commercials aspects, Compliance is also key contributor in sustainable growth of any entity.
So, from that point of view I recommend that we should focus on areas of laws which are specific to the business of your client or employer and also keep a watch on various incentives and scheme introduced which can benefit your client or employer.
CT: What do you want to say about the aspiring professionals who are currently at student stage?
GJ: My suggestion would be to always be a keen learner with broader horizon and take the best advantage of your trainings. These trainings help you not only to get your first break through in your carrier but also setup foundation of your carrier as Professional.
CT: Please share your insight on CLIQTAX as a firm motivating entrepreneurship.
GJ: CLIQTAX, I believe is a well thought and planned initiative where entrepreneurs and professionals go along together. It’s portal with loads of relevant information on diverse subjects. It provides platform to show case capabilities of your business and knowledge. My good wishes for the entire team.
CLIQTAX extends heartiest wishes to Mr GAURAV JAIN for his journey as a mentor and entrepreneur. Kudos to him for such an amazing interview.