20+ years of
advisory experience

Trusted Advisors
Cohesive Families
Prosperous Businesses

Equations was founded in 1998 by Lalit Mahajan and Mita Dixit, two professionals with an extensive experience in corporates and management consulting. Their objective was to help entrepreneurial ventures and family businesses grow and stay competitive.

In 20+ years of our journey, we have grown and emerged as a prominent advisory company with deep insights and a wealth of experience in the family business domain. We guide single and multigenerational owner-families and their organizations on growth, governance, generational transition, organizational development, ownership strategies, and building legacy businesses.

We understand the complexity and sensitivity involved in running family businesses where members share emotional bonding besides a profit-oriented relationship. So as trusted advisors, we take a balanced and unbiased approach to owner-families’ challenges while maintaining confidentiality.

Our clients are across industry verticals and geographies from India and neighbouring countries. We strive to enable them to be future-ready, environmentally friendly, long-lasting legacy businesses.

Our Journey



Equations started as a boutique management consultancy to help small-and-medium-sized enterprises (SMEs)to grow and scale-up. We worked with entrepreneurs and leaders on strategic marketing, planning, and organizational development.



In 2010, we added family business consulting services to assist owner-families, founders, and successors. We helped in creating a culture of governance, resolving conflicts, planning succession, and professionalizing the work culture.


The Next Level

In 2018, we formalized our business as an advisory company to guide families and promoters-driven companies. We offer holistic services and execution support on growth, governance, generational transition, ownership, and wealth strategies.


Virtual Reach

From 2022, we have added virtual advisory services to our portfolio. Our online coaching and consultations are convenient for clients across the globe in various time zones. Our enhanced digital processes ensure faster and flawless execution.

Why Equations

Equations offer unique advantages and innovative solutions for your family, business, ownership, and wealth related challenges. Our clients get:

  • Trusted advisors, collective wisdom, global best practices
  • A committed team with experience in multidisciplinary fields and multicultural families
  • A holistic involvement with unbiased, objective, and practical recommendations
  • Listening. We strive to understand spoken and unspoken challenges faced by client families
  • Confidentiality of the information and privacy of data shared with us
  • Execution support for our suggestions and handholding of the client’s team
  • Coaching and mentoring to unleash hidden strengths of promoters, successors, and leaders
  • Harmonious and balanced equation with our team and other stakeholders