Saturday, December 21

Tag: e-return

Online Tax Returns Filing Platform ClearTax Raises $2 million (Rs 13.3 crore) Funding
FUNDING

Online Tax Returns Filing Platform ClearTax Raises $2 million (Rs 13.3 crore) Funding

Online tax returns filing platform ClearTax, has raised $2 million (Rs 13.3 crore) from FF Angel, and Sequoia Capital. The company will use the proceeds from the round to launch a slew of consumer-focused tax-saving products, including mutual funds and other equity-linked saving schemes. "We have taken the long route, and now we are extremely excited to have some of the biggest thought leaders and investors on board as our partners," Archit Gupta, co-founder of Cleartax said. "We are an instrument-agnostic platform that will allow consumers to choose their rate of return and select what to have in their tax savings basket." ClearTax has over 1 million consumers e-filing their tax returns, and the company is targeting bringing on board 5 million users by the end of the current fiscal,...