India’s fintech startup ClearTax raises $50M Series B

ClearTax, a seven-year-old, Bengaluru, India-based fintech startup focused around tax preparation, e-filing, accounting and investment planning, has raised $50 million in Series B funding led by the Hong Kong-based investment firm Composite Capital.The company is looking to use the fresh capital to further accelerate its growth and expand the suite of products and services on its platform.

Archit Gupta, Founder and CEO of ClearTax said, “With this new investment, we have more firepower to focus on our mission, accelerate our growth trajectory and continue to invest in technology and innovate our platforms to meet expanding customer needs.”

Navojit Dastidar

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