Press Release

IACC Appoints Pratik Vaidya, MD & CVO of Karma Global as Regional Committee Member -West India Council

Captivates the audiences as the Key Speaker at The India Fund Raising Summit 2023

The Indo-American Chamber of Commerce (IACC) has announced the appointment of Mr. Pratik Vaidya, Managing Director and Chief Vision Officer of Karma Global Consulting Solutions Pvt Ltd, as the Regional committee member of IACC’s West India Council for Presidential Year 2023-24. His role will encompass various responsibilities related to promoting and facilitating business and economic relations between India and the United States.

With a corporate journey spanning xx years, Pratik Vaidya embodies extensive leadership, renowned for his strategic prowess and global outlook within the human resource and tech-enabled law compliance sector. Notably, he’s a trailblazer in revolutionizing the audit-tech sector, acknowledged as a visionary businessman and esteemed thought leader. His recent launch of the AI-enabled WeProcess – Payroll Compliance tool underscores his innovation spirit. Moreover, his pioneering of an online portal for auditing labour law compliance in India further cements his status as an industry game-changer WeChecked.

Mr Pratik Vaidya, MD and Chief Vision Officer of Karma Global Consulting Solutions Pvt Ltd said

“I am honoured to join IACC’s West India Council as a Regional committee member and grateful for the privilege to speak at this event. This appointment underscores Karma Global’s values of innovation and a global mindset, showcasing our dedication to excellence. As a committee member, I eagerly anticipate contributing valuable perspectives and engaging in insightful discussions that push forward the dialogue on the dynamic landscape of capital markets.”

“We are delighted to welcome Mr Vaidya as a Committee Member. His wealth of experience and strategic insights align seamlessly with our mission. We anticipate his impactful contributions to further enhance the collaborative spirit within the IACC. Added Samir Patel President, IACC – WIC.

Under Mr. Vaidya’s visionary leadership, Karma Global has not only achieved a remarkable milestone in automating 600+ types of Registers and Records under its flagship WeProcess, but it has also extended its impact globally through strategic outreach initiatives in various HR deliverables. Mr. Vaidya’s commitment to excellence has transcended borders, fostering collaborations and partnerships on an international scale. This global outreach has not only elevated Karma Global’s standing in the industry but has also positioned it as one of the upcoming key player in driving innovation and development worldwide. Mr. Vaidya’s dedication to the nation’s progress has thus expanded beyond geographical boundaries, leaving a lasting mark on the global stage.

About: Mr. Pratik Vaidya, MD, and CVO, Karma Global:

Pratik Vaidya brings in 20 years of experience in servicing the HR sector in India, USA, Canada, and UK. Pratik founded Karma Global in 2004 and has played the role of a visionary leader in the field being a pioneer in setting up a cloud-based SAAS tool for auditing and automating Payroll Compliances. He has not only grown this profession but has also ensured that corporate clients from a wide mix of industries including telecommunications, hospitality, FMCG and financial services and exports are compliant with Indian Labour laws.

About Karma Global:

The company was established in 2004 by Mr Pratik Vaidya in Mumbai. The idea was to improve payroll compliances and HR services by fusing technology and the brightest brains. Karma Management Global Consulting Solutions Pvt. Ltd. continued to advance and went from a simple payroll processing company to one of the top five labour law consultants and advisors in India. The goal was to provide the best audit & and payroll compliance, payroll management, and human resource services PAN India. It is a pioneer in developing and providing customized personnel solutions, uniquely conceptualized and designed in line with the operational needs of the client’s organization by its promoters for 30 years. They have now taken a plunge into the concept of Business Process Re-engineering in addition to keeping abreast with the latest trends, invigorating and providing you with continuous improvements in the quality of services through cutting-edge technologies. Innovative Tech in Human Resource Management and overall Governance, Risk and Compliance Management across Environmental, Social and Corporate domains for Canada, USA & India, powered by “AI” Artificial Intelligence “ML” Machine Learning & “NLP” Natural Language Processing – Cognitive Capabilities.