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Clear

Defmacro Software Private Limited Bengaluru, Karnataka Founded 2011 clear.in ↗

Clear (formerly ClearTax) is an Indian fintech SaaS company founded in 2011 by Archit Gupta, Raja Ram Gupta, Srivatsan Chari and Ankit Solanki, providing income tax e-filing, GST/e-invoicing compliance, TDS, invoice discounting and mutual-fund distribution products for individuals, SMEs, enterprises and tax professionals. It was the first India-focused startup funded by Y Combinator (2014). Note: some secondary sources label its…

Archit Gupta · CEO & Founder Raja Ram Gupta · Co-founder Srivatsan Chari · Co-founder Ankit Solanki · Co-founder
$140.42 MnTotal funding (tracked)
6Funding rounds
25 Oct 2021Last round

Clear: Funding Rounds

Date Round Amount Investors Source
25 Oct 2021 Series C $75 Mn Kora Capital Alua Capital Stripe Think Investments source
23 Oct 2018 Series B $50 Mn Composite Capital source
17 Jun 2016 Series A $12 Mn Elevation Capital source
26 May 2016 Seed $2 Mn FF Angel Sequoia Capital source
27 Apr 2016 Angel $1.3 Mn Max Levchin Naval Ravikant Neeraj Arora Ruchi Sanghvi Scott Banister source
1 Jul 2014 Seed $120K Y Combinator source

Acquisitions

DateAcquirerAcquiredAmountSource
6 Jul 2022 Clear CimplyFive Undisclosed source
16 Mar 2022 Clear Xpedize Undisclosed source
6 Jul 2021 Clear yBANQ Undisclosed source
4 Mar 2020 Clear Karvy Data Management Services GST Business Undisclosed source
18 Oct 2019 Clear Dose FM Undisclosed source

News on Clear

No coverage of Clear linked yet.

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FAQs on Clear

Who founded Clear?

Clear was founded by Archit Gupta, Raja Ram Gupta, Srivatsan Chari, Ankit Solanki in 2011.

How much funding has Clear raised?

Clear has raised $140.42 Mn across 6 tracked funding round(s), most recently on 2021-10-25. Figures are compiled from cited public sources.

Who are the investors in Clear?

Investors in Clear include Kora Capital, Alua Capital, Stripe, Think Investments, Composite Capital, Elevation Capital.

What does Clear do?

Clear (formerly ClearTax) is an Indian fintech SaaS company founded in 2011 by Archit Gupta, Raja Ram Gupta, Srivatsan Chari and Ankit Solanki, providing income tax e-filing, GST/e-invoicing compliance, TDS, invoice discounting and mutual-fund distribution products for individuals, SMEs, enterprises and tax professionals. It was…

Where is Clear headquartered?

Clear is headquartered in Bengaluru, Karnataka, India.

What is Clear's business model?

Clear's core value proposition centers on Simplify finances, save money and time, Dominant scale in India's invoice/GST digitisation, Category-leading compliance products, Fast, simple self-filing.

How does Clear make money?

Clear's cited revenue streams include Software subscription & support services, Platform & technical services, Mutual fund distribution commission, Corporate secretarial / compliance services.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: inc42.com www.clear.in · Last verified 17 Jul 2026. · Report a correction