ClearTax is a Tax & Investing platform that simplifies financial lives for Indians.
ClearTax is a Tax & Investing platform that simplifies financial lives for Indians. ClearTax is Built on top of India’s Massive Digitization of its Tax Systems.
They are a Bangalore-based Financial-Technology platform providing solutions for Income Tax filing, GST, and Mutual Fund Investments.
Founded by 3 friends, Archit Gupta, Srivatsan Chari, and Ankit Solanki, ClearTax became the first Y-Combinator-funded company of India in 2014. As ClearTax took this journey, we have added mentors and Investors like Max Levchin, founder of Paypal, Vijay Shekhar Sharma of Paytm, Neeraj Arora of Whatsapp, Peter Thiel’s Founders Fund, Sequoia, Ryan Peterson of Flexport. SAIF Partners had invested $12Mn in ClearTax. Composite Capital has invested $50Mn in ClearTax.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 13, 2022 | Series Unknown | — | 3 | — | — | Detail |
Oct 24, 2021 | Series C | ₹5.62B | 4 | Kora | — | Detail |
Oct 23, 2018 | Series B | $50M | 4 | Composite Capital Management | — | Detail |
Jun 17, 2016 | Series A | $12M | 1 | Elevation Capital | — | Detail |
May 25, 2016 | Seed | $2M | 2 |
Founders Fund
Sequoia Capital |
— | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jul 10, 2021
Credgenics
|
Series A | $25M | Consulting | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Kora | Yes | Series C |
Composite Capital Management | Yes | Series B |
Elevation Capital | Yes | Series A |
Founders Fund | Yes | Seed |
Max Levchin | Yes | Angel |
Scott Banister | Yes | Angel |
Sumon Sadhu | Yes | Pre-seed |
Aparna Chennapragada | — | Series Unknown |
Balaji Srinivasan | — | Series Unknown |
Surojit Chatterjee | — | Series Unknown |
ClearTax has acquired 6 organizations. Their most recent acquisition was Tootl on Apr 12, 2018. They acquired Tootl for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Apr 12, 2018
Tootl
|
Gaming | acquisition | — | Detail |
Oct 18, 2019
Dose FM
|
Digital Entertainment | acquisition | — | Detail |
Mar 4, 2020
Karvy - GST filing Services
|
Accounting | acquisition | — | Detail |
Jul 7, 2021
yBANQ
|
B2B | acquisition | — | Detail |
Mar 16, 2022
Xpedize
|
Financial Services | acquisition | ₹ 1B | Detail |