Advice is easy.
Results are harder to deliver.

Major decisions are often clouded by uncertainty, conflicting views and a lack of clarity, even when the judgement behind them is sound.

Shulo Advisory is built
to deliver them.

We are a strategic advisory firm, and we measure ourselves by outcomes. Our senior advisers and Shulo AI, our AI colleague, work with boards, investors and management teams from the first question to the result: setting the strategy, making the case for it and staying involved until it is delivered.

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Experience across eleven sectors

Consumer and retailTechnology, media and telecomsBusiness and professional servicesTransport and logisticsIndustrials and manufacturingFinancial servicesHealthcare and life sciencesEnergy, resources and utilitiesEducation and trainingReal estate and infrastructurePrivate capital and family offices

Senior advisers, working with Shulo AI.Shulo AI does the research, builds the models and drafts the board paper. The recommendation belongs to our partners.

Project Atlas · Evidence baseIllustrative
Assembled for the partners on day six
Sources read
214 documents
Filings
Interviews
14 experts
Transcripts
Data series
38 series
Statistics
Conflicts
6 flagged
To resolve
Where the sources disagree
Market size: trade body and import data differ by 11%
Two competitors report different store counts
Freight costs reconciled to invoices
Ready for partner review
Market model · Base caseIllustrative
Addressable market, USD mReconciled
20242030
CAGR
11.8%
model.xlsx
Share of growth, top two segments
68%
p. 37
Assumptions open to the client
Red-flag memo · Management caseIllustrative
Plan versus evidence
Revenue growth 2026Stretched
Plan 24% · Evidence supports 14 to 17%
Customer churnUnderstated
Plan 6% · Cohort data shows 11%
Gross marginSupported
Plan 41% · Evidence 40 to 42%
Pipeline conversionSupported
Matches four years of CRM history
Challenged in week three
Board paper · FinalIllustrative
Recommendation
Enter the Gulf through a distributor in 2027, not directly in 2026.
Shulo Advisory ServicesStrictly confidential
Delivered in week four

Shulo AI assembles the evidence base in days rather than weeks.

Our capabilities. Five practices, each led by senior advisers.

Each practice has its own methods; the standard of work is the same across all of them.

Commercial Strategy

Where growth will come from, and how to achieve it.

The work spans markets, segments, channels and pricing, and every number in the plan can be traced to its source.

Our view: growth is usually concentrated in a few segments that averages hide.

Market sizing · Illustrative
Two segments carry 68% of the growth to 2030.
Source: national statistics, company filingsp. 12

Growth strategy

Markets, demand and the segments worth pursuing.

  • Growth strategy and value creation
  • Market sizing and demand modelling
  • Market entry and country strategy
  • Product and portfolio strategy
  • Go-to-market and route to market

Commercial excellence

Channels, pricing and the competitive response.

  • Channel and partnership strategy
  • Pricing, monetisation and margin design
  • Competitor benchmarking and war-gaming
  • Segmentation, targeting and positioning
  • Corporate and portfolio review
Commercial Due Diligence

Assurance on the commercial case before a transaction is signed.

The market, the customers, the competition and the management plan are examined with equal care.

Our view: the risk in a plan sits in its assumptions about customers, rarely in its spreadsheet.

Management case versus Shulo caseIllustrative
Revenue CAGR22% → 16%Stretched
EBITDA margin19% → 18%Supported
Net retention112% → 101%Overstated
Market share 202814% → 13%Supported
Customer referencing31 of 35 calls complete

Buy-side and vendor diligence

An independent assessment of the commercial case.

  • Buy-side commercial due diligence
  • Vendor due diligence
  • Customer referencing programmes
  • Competitive position and moat testing

Value assurance

Stress testing, red flags and post-deal value creation.

  • Red-flag and top-up reviews
  • Management-case stress testing
  • Market attractiveness assessment
  • Post-deal value creation planning
Turnaround and Performance

Restore stability, then rebuild the foundations for growth.

We start with cash and margin, and build a plan that lenders and management can follow together.

Our view: cash buys time, but lasting recovery depends on stronger earnings.

Thirteen-week cash viewIllustrative
Week 1Week 13
Working capital releasedUSD 4.2m
Overhead removed, annualisedUSD 2.8m

Stabilisation

Liquidity, working capital and the cost base.

  • Turnaround and restructuring strategy
  • Working capital and cash release
  • Cost transformation and overhead reduction

Performance improvement

Operating model, margins and a sustainable earnings base.

  • Operating model redesign
  • Margin and pricing recovery
  • Rapid diagnostics and 100-day plans
Technology and AI

Identifying where AI adds real value, and putting it into practice.

We use AI in our own work every day, so our advice is based on practice rather than theory.

Our view: most of the value of AI comes from changing how the work is done, not from the model.

Use-case scorecardIllustrative
Invoice matchingBuild now
Contract reviewBuild now
Demand forecastingPilot
Customer chatLeave alone

AI strategy

Where AI creates value, and what it will take.

  • AI adoption strategy and use-case selection
  • Data and analytics strategy
  • Technology due diligence

Implementation

Taking recommendations into production.

  • Automation and process redesign
  • Build, integration and deployment
  • Technology cost and vendor review
Transaction Advisory

Preparing a business for sale, presenting it with evidence and managing the process through to completion.

We advise both sellers and buyers, and prepare the documents that buyers rely on.

Our view: buyers pay for evidence. When a business can prove its plan, it sells on better terms.

Sale processIllustrative
Information memorandum issued
42 parties under NDA
Indicative offers received
6 bids within the valuation range
Data room opened to shortlist
3 bidders, 1,140 documents
Binding offers due
Friday

Sell-side advisory

Preparation, positioning and buyer engagement.

  • Sell-side preparation and positioning
  • Information memoranda and databooks
  • Data room design and management

Buy-side advisory

Screening, valuation and negotiation support.

  • Buy-side screening and origination
  • Valuation and value triangulation
  • Negotiation and process support

Who we serve. Advice shaped around the decision and the people who will make it.

Diligence that keeps pace with the deal timetable.

Buy-side and vendor work, red flags and a value creation plan the day after signing.

Project Harbour · ExclusivityDay 12 of 28
Red-flag reportDelivered
Full commercial reportWeek 4
Value creation planAt signing

Examples of our work.

Nine examples of the documents we deliver. Each starts with the conclusion, and every figure can be traced to its source.

Boards and investors work with us on

  • Market entry
  • Deal diligence
  • Turnarounds
  • Pricing resets
  • Portfolio reviews
  • AI roadmaps
  • Sale preparation
  • Vendor reports
  • Cost programmes
Talk to a partner

What we believe. Good advice needs senior attention from start to finish.

The senior advisers who scope a mandate stay with it to the end and present the findings themselves.

Senior throughout

Those who scope the work also lead it and present it.

Shulo AI on every mandate

It works alongside our advisers at every stage, so clients get more done, sooner, to the same standard.

Evidence, not assertion

Each figure carries its source. Estimates are labelled as estimates.

Independent by design

No audit tie, no placement fee and no lender mandate.

How a mandate begins. Senior advisers are involved from the first conversation.

  1. Hour one

    Exploratory discussion

    A conversation about the question, the evidence needed to answer it and the date by which a decision is due.

  2. Days 1 to 3

    Engagement letter

    Scope and milestones are agreed in writing before any work begins.

  3. Weeks 1 to 3

    Frame, build, challenge

    Hypotheses are set in the first week, the evidence assembled in the second and every finding tested in the third.

  4. Week 4 onward

    Delivering the result

    A clear recommendation, and our continued involvement until the results are achieved.

Answers delivered in time to inform the decision.

Contact us

One timetable. One team.One standard of work.

Weeks from first question to recommendation
Advisory practices under one roof
Recommendation, backed by evidence
Sectors with dedicated expertise

Figures describe a standard mandate. The engagement letter carries the full terms.

Independent by design. Our advice is shaped by the evidence alone.

Independence

No audit relationship

No placement fee

No lender mandate

Evidence

Sources on each figure

Estimates labelled as estimates

Findings challenged before the board

Confidentiality

Confidential from the first call

Client material never trains models

Named partners on every mandate

Insights.

Perspectives on the issues facing boards and investors.

Technology and AI

Why so few AI pilots become programmes.

AI pays off when the process is redesigned around it. Most programmes stop before they get that far.

Transactions

Keeping diligence in step with the deal.

Exclusivity windows keep shrinking. Evidence is most valuable before the price is set.

Performance

Reducing cost without losing capability.

Durable savings come from removing work, not from spreading the same work across fewer people.

Strategy

Pricing deserves more of the board's attention.

A one per cent price increase usually adds more to profit than a one per cent rise in volume, and costs far less to achieve.

Frequently asked questions.

Why four weeks?

Decisions are rarely improved by delay. Shulo AI works on the mandate alongside our advisers, from the analysis to the final documents, so the work moves faster without any loss of quality.

Who actually does the work?

The senior advisers who scope the mandate lead it, working with Shulo AI throughout. They make the recommendation and stay involved while it is implemented. You will meet them in the first conversation.

What does Shulo AI do, and what does it not do?

It works as a member of the team. It carries out research and analysis, builds models, drafts reports and board papers, and helps manage the work through to delivery. Our partners set the direction, challenge its work and sign off every recommendation.

Are you independent?

Yes. We hold no audit relationship, no placement fee and no lender mandate. Our advice is shaped by the evidence alone.

How can we help?

Every engagement begins with a conversation with a senior adviser about the decision ahead, the evidence it requires and the timetable. Contact us to arrange one.

Contact the team
Sheshadri Bhattacharyya[email protected]+91 73899 42160