ClearTax India
clear.inLocations
Bangalore Urban, Karnataka, India · Bengaluru, Karnataka, India · Karnataka, India
Size
1001-5000 employees
Stage
Other
founded in
2011
We are on a mission to simplify finances for Indians. We make software for invoices, taxes, payments, and credit with a promise of saving money and time for millions of businesses, their supply chains, accountants, and employees. We have grown over the years to now ‘see’ a material portion of India’s economic graph on our network. We process about 10% of India’s B2B invoices, which is over $300B of trade value every year. We contribute to 10% of India’s e-invoice generation. We saved over ₹1,000 Cr for more than 400K businesses last year, roughly 2-7% of their tax outflow. Over 2,000 of India’s biggest brands and large corporations trust us for our promises. Over 80,000 tax experts use our platform every year. We handle over 10% of India’s income tax returns. Over 2M people come back to us every year to manage their taxes. We help over 130M Indians demystify personal finances on our website every year. All of this is delivered to our customers through the convenience of cloud. They access our products via web and desktop applications, mobile phones, and APIs. Even as we graduate from taxes to connected businesses and financial services, we will continue to simplify finances and bring clarity to the fore. We were incubated in Y Combinator and are funded by Silicon Valley investors, including PayPal co-founders Peter Thiel's Founders Fund, Max Levchin, and Scott Banister - an early investor in Facebook and Uber. We initially raised $15.5M with investors including Sequoia Capital and SAIF Partners. In October 2018, we raised $50M in Series B funding from Composite Capital. We know where we want to be and are well-equipped with capital and a passionate team to continue our growth and product journey. If you share our mission and want to build delightful fintech products, please reach us at careers@cleartax.in.
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