“Can an Indian tax-filing consumer app become the enterprise finance OS for the invoice lifecycle across emerging-market e-invoicing regimes?”
Founded 2011 as a consumer ITR (income-tax return) filing tool, ClearTax pivoted decisively into B2B tax-tech after India's 2017 GST rollout, becoming a leading GST Suvidha Provider (GSP) and IRP. In 2021-22 it rebranded to 'Clear' and repositioned as a 'connected finance cloud' spanning e-invoicing, TDS, accounts payable, invoice discounting (Xpedize), and vendor management for large enterprises. In 2025 it sunset the CA/SME GST offering and migrated those users to Zoho/OctaGST/Computax — a clear upmarket move to focus on enterprise finance workflows and international e-invoicing (Saudi Arabia, UAE, France, Malaysia).
cleartax processes payments through Clear Payment Links (self-operated). Disclosed money-movement rails: UPI.
cleartax's lending and capital products are provided by Xpedize (in-house).
cleartax integrates with Oracle NetSuite and SAP ERP.
The Embedded Finance Index 2026 maps 6 layers in cleartax's stack: Payments / PSP (Clear Payment Links (self-operated)); Money movement (UPI); Lending (Xpedize (in-house), Clear Invoice Discounting, Xpedize and Clear Financing (working capital)); Accounting (Oracle NetSuite and SAP ERP); Spend / AP (Clear Accounts Payable (in-house), Clear Vendor Management (in-house) and Clear Capture (in-house)); Tax (Clear GST (in-house), Clear e-Invoicing (in-house), ClearTDS (in-house), Clear ITR (in-house) and 2 others).
cleartax was founded by Archit Gupta and is founded in 2011, headquartered in Bangalore, Karnataka, India.
cleartax has raised $140M+ in total (latest round: Series C, 2021; valuation: $700M+ (2021)).
Get a read on where your own stack stands against cleartax and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.