Bhubaneswar anchors Odisha's knowledge economy, from Infosys, TCS and Wipro at Infocity to KIIT, SOA and AIIMS research. EaseUp gives founders boardroom-grade finance: planning, fundraising and compliance for a city scaling fast on IT/ITES, education and healthcare.
EaseUp embeds a senior Virtual CFO and finance team into your Bhubaneswar business for a fraction of a full-time hire. We own your planning, fundraising support, compliance and reporting, so you stay focused on clients at Infocity, students on campus, or patients in your clinic. With 15+ years serving 500+ businesses and Rs 1,500+ crore raised, we bring institutional rigor to Odisha's founders.
Bhubaneswar is Odisha's economic and IT capital, built on a service economy spanning information technology, education, healthcare and tourism. Infocity-1 in Patia, developed under the EPIP scheme, hosts Infosys (operating since 1997), Wipro, IBM and ESSPL, while TCS runs a 7,000+ employee delivery centre at Kalinga Park SEZ in Chandaka Industrial Estate. Odisha has attracted IT/ITES investment intents of Rs 20,900 crore (US$2.36 billion), with a 5,500-acre IT hub now expanding the city's tech base.
Startup Ecosystem: Odisha has more than 2,500 active startups registered under Startup India, spanning IT, AI, agritech, fintech, healthcare and biotech, with women leading about 40% of them. The state's ventures have drawn close to Rs 370 crore in external investment, and Startup Odisha has launched a Rs 100 crore Odisha Startup Growth Fund with SIDBI as fund manager. Bhubaneswar, home to KIIT-TBI and IIT-Bhubaneswar's entrepreneurship park, is the ecosystem's hub.
Key economic, startup and industry indicators for the city.
Odisha levies professional tax under the Orissa State Tax on Professions Act, 2000: nil up to Rs 1,60,000 annual income, Rs 125 a month (Rs 1,500/year) from Rs 1,60,000 to Rs 3,00,000, and Rs 2,500 a year above Rs 3,00,000, deducted monthly and paid to the Commercial Tax Department. The Odisha Startup Policy gives recognised startups a Rs 20,000 monthly allowance (Rs 22,000 for women, transgender and SC/ST/SEBC/PH founders), 50% incubation rental subsidy up to Rs 5,000, and up to Rs 16 lakh product-development support for eligible founders. The Odisha IT Policy 2025 adds capital subsidies of up to 30% on fixed capital investment, with IPICOL's single-window clearance and SEZ benefits at Kalinga Park. Founders must also meet GST, TDS and ROC obligations.
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Virtual CFO services in Bhubaneswar typically range from about Rs 40,000 to Rs 2,00,000 per month, depending on your stage, transaction volume and scope. An early-stage edtech or IT services startup needing core compliance and MIS sits at the lower end, while a funded venture requiring active fundraising, treasury and board reporting sits higher. This is a fraction of a full-time CFO's Rs 40,000 to Rs 80,000-plus monthly cost in Odisha, with no equity, benefits or hiring risk. EaseUp scopes a plan to your needs, so you pay only for the finance leadership you actually use. Book a free consultation for a tailored quote.
Testimonials
Here's what they say about working with us..
"From GST filings to due diligence, EaseUp manages the heavy lifting. They have a remarkable follow-up system that ensures we never miss a deadline, allowing us to focus entirely on our core business."
"EaseUp didn't just organize our books; they gave us a financial roadmap. Their Virtual CFO services provided the clarity we needed to scale without the overhead of a full-time hire. Truly a strategic partner for our growth."
Join 500+ founders who trust EaseUp for boardroom-grade finance. Let us show you how a Virtual CFO accelerates growth for your Bhubaneswar business.
Figures are drawn from authoritative public sources including IBEF, Startup India and Startup Odisha (Government of Odisha), the Odisha IT Policy 2025 and IPICOL, PIB, plus verified industry reporting from YourStory, NIRF 2024 and the Odisha Commercial Tax Department. Figures reflect the latest available data as of 2025-26.
Authoritative data sources & references — our city data is compiled from official government and industry sources:
Government & Industry Sources
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Reviewed by CA Aditya Chokhra — Chartered Accountant and finance & Virtual CFO advisory specialist at EaseUp, with 15+ years in Indian finance and tax. City data is compiled from authoritative public sources including DPIIT, IBEF, RBI and state government economic surveys. EaseUp brings 500+ businesses served and 55,000+ compliance filings with zero penalties. LinkedIn: linkedin.com/in/aditya-chokhra · achokhra@gmail.com
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