Website – Nulima Consultants
Founders – Smita Barve and Ketkie Kharkar
The rising opportunities and the era of globalization have impacted the immigration industry massively. While there is a countless number of immigration consultants out there in the market, there is still a huge scope of growth and quality enhancement in the kind of business immigration services. Today’s story is one such inspiring story of a start-up called Nulima Consultants.
SmitaBarve and KetkieKharkar, the founders of Nulima Consultants realised the need for enhancement in the immigration industry. They mention their experiences seeing the clients being duped by the immigration companies. And therefore, realized the potential of improvement in this field. The two envisioned having a consultancy set up, understand client requirements and provide bespoke services. Their confidence in offering quality over quantity has sustained in the industry. Their ability to abide by professional ethics is what made them different from the market!
Nulima Consultants are set up in Pune. They are expert visa and immigration consultants and offer immigration solutions to business owners, investors, and individuals. The company provides its customers with a vision and advocate them to a fast-track procedure for Citizenship or Residency. Interestingly, the company helps its clients set up businesses. Right from setting up a new business to a reshuffling or growing in the market through different geographies, the Nulima Consultants team has shown their capabilities to do it all!
Nulima Consultants offer their services in Pune and Mumbai currently. They are consistently growing and aiming to cover more areas to offer their consultancy services.
Growth and success
The meaning of success for Nulima Consultants is to provide quality over quantity. And they have managed to gain success through their professional ethical codes. The set-up has minimal funding requirements but require up to date knowledge of the immigration requirements of the countries. The team have therefore been working strongly to stay updated with the immigration knowledge and grow with the dynamic market.
Considering the long-term growth and success, the firm is working hard on building a brand that creates a space in people’s mind. They aim to become an ultimate solution to anyone who thinks of immigration. The firm, in addition, has set up its connections with a lot more professionals to create a network web and service their customers as a team. These include immigration law firms, business planners, corporate law firms, tax advisors and many more.
Risks and challenges
The Pandemic has hit hard in the economy. Travel restrictions have impacted immigration companies heavily. Expanding business through the pandemic has been the biggest risk for the firm. However, the opening up of economies and the potential of globalization still existing in the world motivates the business to fight and standstill in the market.
Despite a small set up company, Nulima Consultants have come a long way. Despite the pandemic, the team has kept growing in the industry and sustained themselves to the best of their abilities. Their abilities to understand client requirements, perform analysis and handhold them with minutest of the things have helped them firm achieve great success till date!
What inspired you to start this company?
There are many immigration consultants out there providing great services and some who are doing it just to earn some money. We have also come across some cases wherein clients were duped. We saw potential in this field and envisioned to have a consultancy set up to understand client requirements and provide bespoke services.
When did you start your business?
We started this business in December 2019. Although we were busy conducting market analysis for at least 6 to 8 months prior.
What does success mean to your company?
Client satisfaction and our ability to provide apt solutions to client needs is success for us. We believe in quality over quantity.
How are you performing currently?
Immigration along with other fields have taken a hit in 2020. However we have enquiries coming in at a steady pace and things are opening up since a few months.
What is the biggest risk to your company?
Travel restrictions due to pandemic and low market sentiment is a risk. However we think and have observed that the need to expand business and immigrate to developed countries is always going to be there.
What are your plans for the funding?
Since we are a small set up, funding required is minimum. Updated knowledge is more important for an immigration consultancy to work.
What is the biggest challenge you faced during your start-up setup?
2020 has been the year of a pandemic and it hit us as soon as we started. However, that gave us time to take a step back, rejuvenate and focus on the key areas of business.
What does growth mean to you and your business?
As mentioned earlier, we focus on quality over quantity and updated knowledge of the market.
How does your product stand different from others in the market?
We try and understand client’s requirements and provide options accordingly. It might result in us making less money out of it, however we abide by professional ethics and that differentiates us from others in the market.
Where are your start-up services spread?
We are in Pune and Mumbai currently. These are big markets before we try and expand.
What does it feel to be the founder of your start-up? How does it feel to get up every morning and getting on to work?
Its a good feeling. Although we have been working in different fields prior to this.
Where do you see your business standing in the next 5 years?
Immigration is going through lot of changes so we are thinking year on year as of now, however we do see ourselves providing quality service to our clients and when people think of immigration they should think of NuLima, that’s our goal.
Who supports you to stand this business and how?
We have a network of individuals and firms which are instrumental in each step of immigration or business expansion. NuLima as a lone entity is not enough. Fortunately we have created a seamless web of this network which can be activated as per client requirements to ensure quality service to our clients. This is including but not limited to immigration law firms, business planners, corporate law firms, tax advisors, etc.