Cleartax

What Cleartax does

ClearTax, legally Defmacro Software Private Limited, is a global SaaS platform that provides AI-powered e-invoicing, tax compliance, and finance automation solutions primarily to large enterprises, with a secondary consumer and professional-services footprint in India. The company's core product, the Global E-invoicing Platform, generates compliant e-invoices in milliseconds and transmits them through certified Peppol Access Point infrastructure and direct integrations with national tax authorities (ZATCA in Saudi Arabia, LHDN in Malaysia, IRAS in Singapore, and various EU tax authorities), with more than 3,000 ERP/POS integrations completed. The platform is offered alongside modular add-ons including Tax Automation, Accounts Payable Automation, Accounts Receivable Automation, Supply Chain Automation, and the ClearTax Compliance Cloud (CCC), allowing customers to expand from a single e-invoicing use case into a broader CFO-office workflow.

The business operates on a quote-based enterprise SaaS subscription model with tiering tied to annual invoice volume (from <100 to >10,000 documents per year), complemented by professional services for API integration. Go-to-market is enterprise field sales with consultation-led demos, augmented by a multi-tier partner program (resellers, referral partners, system integrators, and OEM partners) that is supported by more than 1,500 partner-support experts. The company reports serving 5,000+ enterprises across 50+ countries, processing 5Bn+ transactions and $300B+ in B2B invoice value annually, and operating offices in New Delhi, Bangalore, Riyadh, Kuala Lumpur, Dubai, Brussels, and Paris. Founder and CEO Archit Gupta leads the company, which is privately held and backed by Stanford University, Y Combinator, Social Capital, Telstra Ventures, and Prime Venture Partners.

Name

Cleartax

Legal name

Defmacro Software Private Limited

Website

https://cleartax.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

ClearTax is a global SaaS platform providing AI-powered e-invoicing, tax compliance, and finance automation to 5,000+ enterprises across 50+ countries, with certified Peppol Access Point infrastructure and direct tax-authority integrations in markets such as Saudi Arabia, Malaysia, Singapore, and the EU.

Ownership category

akta.pro rank

Product category

Tax Compliance & E-Invoicing Software

NAICS

Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL)

akta.pro secondary industries

Revenue Systems, E-Filing & Digital Tax Administration (BPAIADAO), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Electronic invoicing software
• Tax compliance automation
• VAT compliance solutions
• Accounts payable automation
• GST filing platform

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Enterprise SaaS Subscription: Subscription-based model for e-invoicing and tax compliance solutions targeting enterprise customers. Pricing varies based on invoice volume and feature requirements.
2. API Integration Services: Technical integration services for connecting customer ERP/POS systems to the e-invoicing platform

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

ClearTax operates a global AI-powered SaaS platform that generates, validates, and transmits electronic invoices and automates tax compliance (direct tax, indirect tax, VAT) across 50+ countries. Its core offering is the Global E-invoicing Platform, complemented by tax automation, accounts payable/receivable automation, and supply chain automation modules, plus an India-focused income tax filing portal for individual taxpayers.

Product overview

ClearTax operates as a global SaaS platform offering a unified portfolio of tax and compliance solutions. The core offering is the Global E-invoicing Platform, which serves as the foundational product enabling electronic invoice generation, validation, and transmission across 50+ countries. This core platform is complemented by additional modules including Tax Automation (for unified direct/indirect tax compliance), Accounts Payable Automation (for invoice processing and vendor management), Accounts Receivable Automation, and Supply Chain Automation. For the Indian market, ClearTax offers the Clear Finance Cloud suite including Clear GST, Clear Max ITC, Clear Tax Cloud, Clear PRO, Clear TDS, ClearOne, and Clear Invest. The company also provides country-specific e-invoicing software, API integration services, and utility tools like VAT calculators. The architecture follows a platform-plus-modules model where enterprises can subscribe to the core e-invoicing platform and add specialized automation modules based on their compliance needs.

Differentiator

Problem solved

Functional benefit

Brands

• ClearTax Compliance Cloud (CCC): AI-powered, fully automated VAT compliance solution designed for enterprises.
• Global E-invoicing Platform
• Tax Automation
• Accounts Payable Automation

Products and services

• Global E-invoicing Platform A cloud-based e-invoicing solution that generates error-free invoices within milliseconds, integrates with any ERP or POS system, and provides 24/7 local technical and compliance support across 50+ countries. Targeted at enterprise finance and tax teams.
• Clear Finance Cloud (India GST Suite) A comprehensive finance cloud platform for the Indian market offering GST, TDS, income tax, ITC maximization, and investment solutions for businesses, tax professionals, and individuals.
• Supply Chain Automation An intelligent automation suite for managing supply chain and vendor interactions, including accounts receivables workflows, vendor portals, and supply chain financing options for enterprise customers.
• ClearTax Compliance Cloud (CCC) An AI-powered, fully automated VAT compliance solution designed for enterprises across multi-jurisdictional operations.

Quantifiable outcome

• Error-free e-invoice generation processed within milliseconds
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• PEPPOL NetworkcoreTechnology or IntegrationClearTax operates as a Peppol Access Point provider, enabling invoice transmission through the global Peppol/InvoiceNow network for Singapore, Malaysia, and other Peppol-connected jurisdictions. This is a core infrastructure partnership for e-invoicing transmission.
• Government Tax AuthoritiescoreTechnology or IntegrationClearTax maintains accreditation and direct integration with tax authorities including ZATCA (Saudi Arabia), LHDN (Malaysia), IRAS (Singapore), and various EU tax authorities for compliant e-invoice transmission.
• Accounting & Consulting Firms (Partner Network)coreChannel Partner/ Reseller/ DistributorPartner program for accounting and consulting firms to provide e-invoicing compliance solutions to their clients. ClearTax provides technical, compliance, and consulting support to help partners' clients become LHDN e-invoicing compliant.
• ERP Resellers & System Integrators (Partner Network)coreChannel Partner/ Reseller/ DistributorPartner program for ERP resellers and system integrators to integrate ClearTax e-invoicing solutions. Partners receive 100% LHDN-approved solution with seamless integration support.
• OEM ERP/POS Solution Providers (Partner Network)minorChannel Partner/ Reseller/ DistributorOEM partners collaborate with ClearTax to embed e-invoicing capabilities for their clients' compliance needs. ClearTax provides compliance experts, integration engineers, and sales support.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Thomson Reuters: Diversified professional information and tax technology provider (including ONESOURCE). Thomson Reuters competes with ClearTax in enterprise tax compliance, particularly for multinational corporates and accounting firms.
• SAP: Global ERP and business software incumbent with tax compliance and e-invoicing modules embedded into its enterprise suite. SAP competes with ClearTax where customers prefer native ERP-native compliance capabilities over best-of-breed integrations.
• Wolters Kluwer: Professional information and tax compliance software provider (including CCH and TeamMate). Wolters Kluwer competes with ClearTax in indirect tax, VAT compliance, and enterprise tax workflow software.

Direct peers

• Avalara: Cloud-based tax compliance automation platform covering VAT, sales tax, e-invoicing, and returns filing. Avalara competes directly with ClearTax on indirect tax automation and AP/AR compliance for mid-market and enterprise customers.
• Basware: Global AP automation, e-invoicing, and procurement SaaS provider. Basware competes with ClearTax's AP Automation and Peppol-based e-invoicing offerings, particularly across European enterprise customers.
• Sovos: Global tax compliance and e-invoicing SaaS platform serving multinational enterprises with regulatory integrations across jurisdictions. Sovos is the closest direct competitor to ClearTax in cross-border e-invoicing and continuous transaction controls.
• Vertex: Enterprise tax technology vendor offering indirect tax determination, compliance, and e-invoicing solutions. Vertex is a comparable enterprise tax compliance platform targeting large multinationals.
• Quadient: Provider of customer communications management, accounts payable automation, and e-invoicing solutions. Quadient competes with ClearTax in AP automation and cross-border compliant e-invoicing for mid-to-large enterprises.
• Esker: AI-driven order-to-cash and procure-to-pay automation SaaS platform. Esker overlaps with ClearTax's AP Automation and supply chain/AR modules for mid-market and enterprise customers.
• Pagero: Peppol Access Point provider and global e-invoicing network operator. Pagero competes directly with ClearTax's Peppol-enabled cross-border e-invoicing value proposition and is particularly relevant in EU and APAC markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_cleartax
• GitHubgithub.com/ClearTax
• Facebookfacebook.com/clearfromcleartax
• LinkedInlinkedin.com/company/cleartax
• Instagraminstagram.com/clearfromcleartax

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cleartax