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Home CIO Elite League 2022_Profile Story
Nishant Kaul | Chief Compliance Officer | magicpin

Nishant Kaul: Streamlining compliance for startups

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Meet Nishant Kaul, a Legal and Compliance professional with more than ten years of experience in Startup Ecosystem responsible for reviewing various Agreements, Corporate Compliances, fundraising. Currently he is associated with magicpin as the Chief Compliance Officer, where he is fully responsible for identifying and streamlining secretarial and legal compliance by demonstrating technical knowledge, communication, and relationship management skills. Apart from holding a law degree, Nishant is also a member of the Institute of Company Secretaries in India.

Nishant started his career as a Social Entrepreneur where he developed Content for various Ed-tech startups. In 2014, he joined Amtek Auto Limited as the Deputy Manager, responsible for ensuring compliance with Secretarial Standards, Financial Obligations, and Legal Practices while maintaining a high standard of corporate governance.

Later in March 2017, Nishant joined Viridian Accelerator Center as its Senior Compliance Manager, where he was responsible for managing the legal strategy of almost 200+ startups that were onboarded with the Accelerator. Then in 2020, he joined Eco Rent a Car as a Head of Legal Compliance, where he managed the development of the company’s legal strategy, corporate governance services, and Secretarial duties.

Awards and Accolades

Being a veteran corporate professional, Nishant has received several recognitions. In 2018, he received a Certification of Appreciation for successfully implementing effective legal and corporate strategy. He also received Executive Excellence Award- Wise Arbiter-7th Annual 2020 Customer Sales and Service World Awards, and Certificate of Stellar Award in 2021 for being the most Synergetic, Innovative, and Outstanding function head. He was also awarded Local Retail Platform CCO of the Year (Asia) by CEO Monthly for the C-Suite Awards 2022 and MVP Award in recognition of outstanding performance during the $60 million fund-raising activity for magicpin.

Streamlining the compliance for startups

Since starting his career as an Entrepreneur Nishant understood the difficulties of running the show. He understood the hassle various other entrepreneurs have faced while working through various legal and secretarial compliances for launching and funding their startups. Hence in his tenure with various organisation he has ensured easier ways of streamlining the Compliances to establish a compliant and litigation free environment for startups to grow.

He has ensured while working in the legal and Secretarial Department:

  1. Evaluating the current processes and workflows
  2. Analysing the outcomes
  3. Streamline and automate processes
  4. Adjust and refine

The above process enables a startup to not only increase cost-efficiency but also to improve productivity. As an end result the players engage in effective communication, better time management and minimal compliance risks.

 

 

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