About ClearTDS
ClearTDS is a Financial Services company based in Bengaluru (India) founded in 2013 by Ankit Solanki, Srivatsan Chari, and Archit Gupta. It provides cloud-based taxation solutions for businesses. It operates on a B2B model. The company has 728 employees. Its chief executive, as recorded, is Archit Gupta. Its Indian entity Defmacro Software Private Limited reported revenue of ₹277 Cr. Its focus areas include Finance, Financial Software, Taxation Services and Cloud-based Solutions. Its competitors include JJ Tax, Prosperr and Kanakkupillai; 2 of its 3 listed competitors have raised funding.
Company details
ClearTDS provides cloud-based taxation solutions for businesses, focusing on finance, financial software, taxation services, and cloud-based solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 728
- Founders Ankit Solanki, Srivatsan Chari, Archit Gupta
- SectorsFinancial Services
- Website cleartds.com
- Legal Name Defmacro Software Private Limited
- Date of Incorporation 29 Jan, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹277 Cr
FY 2025 · +29% YoY
- Net Loss-₹95.62 Cr
FY 2025 · -35% margin
- EBITDA-₹86.06 Cr
FY 2025 · -31% margin
- Employee Count728
Associated legal entities of ClearTDS
ClearTDS is associated with 2 registered companies on The Company Check; the primary company is Defmacro Software Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Defmacro Software Private Limited CIN U72200HR2016PTC140767 | Active | 29 Jan 2016 | New Delhi, Delhi | ₹277 Cr | 728 | 4 | View details |
| Defmacro Software Private Limited CIN U72200DL2016PTC290345 | 29 Jan 2016 | New Delhi, Delhi, India | View details |
Board of directors of Defmacro Software Private Limited (ClearTDS)
Defmacro Software Private Limited is the primary company behind ClearTDS. The board of Defmacro Software Private Limited currently have 3 directors; the longest-serving is Archit Gupta, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Archit Gupta DIN 03527968 | Whole-time director | 29 Jan 2016 | 10 yrs 9 mo | Defmacro Software Private Limited |
| Raja Ram Gupta DIN 03084589 | Director | 29 Jan 2016 | 10 yrs 9 mo | Defmacro Software Private Limited |
| Srivatsan Ravindran Chari DIN 05229187 | Whole-time director | 26 Sep 2020 | 6 yrs 1 mo | Defmacro Software Private Limited |
People of ClearTDS
3 people are tracked at ClearTDS (3 in leadership); the tracked headcount is 728.
| Name | Role | Group |
|---|---|---|
Ankit Solanki | Co-Founder, CTO | Leadership |
| Co-Founder | Leadership | |
| Co-Founder, CEO | Leadership |
Complete people profiles for ClearTDS
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Financials of ClearTDS
Figures of Defmacro Software Private Limited, the primary company behind ClearTDS, for FY 2025. Revenue was ₹277 Cr (+29% year on year). Net loss was -₹95.62 Cr (-35% margin). EBITDA was -₹86.06 Cr (-31% margin). Revenue has grown at a compounded annual rate of +66% over three years and +51% over five years.
- ₹277 CrRevenue · FY 2025 · +29% YoY
- -₹95.62 CrNet loss · -35% margin
- -₹86.06 CrEBITDA · -31% margin
- ₹113 CrPaid-up capital
- 728Employees (provident fund records)
- +66%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Defmacro Software Private Limited are on its company page.
Detailed financial statements for ClearTDS
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Competitors of ClearTDS
ClearTDS has 3 listed competitors in our database, 2 of them funded. They include JJ Tax, Prosperr and Kanakkupillai.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jjfintax.com | 2019 | Gurugram, India | $1.52M | 26 | An app-based platform for taxation and accounting services is offered. | |
| prosperr.io | 2022 | Bengaluru, India | $1.71M | 74 | Tax filing solutions are offered online for businesses and individuals. | |
| kanakkupillai.com | 2014 | Chennai, India | 91 | Company registration and tax filing services are provided to businesses. |
Detailed competitors of ClearTDS
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Top companies in Cloud Banking
3 companies that operate in the same segment as ClearTDS (Cloud Banking) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers IT consulting, software development, cloud services, and security solutions. | 2001 | Gurugram, Haryana, India | USD 25.43 M | 786 | ||
Offers app-based correspondent banking services for users. | 2015 | Mumbai, Maharashtra, India | USD 1.72 M | 44 | ||
Offers digital transformation, cloud development, QA automation, and consulting services. | 2008 | Hyderabad, Telangana, India | USD 8.14 M | 324 |
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Related news about Cleartds
Complete news archive for ClearTDS
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Frequently Asked Questions about ClearTDS
ClearTDS was founded in 2013.
ClearTDS is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Archit Gupta is the CEO of ClearTDS, as recorded in our data. They have also founded this company.
ClearTDS has 728 employees.
The primary company behind ClearTDS, Defmacro Software Private Limited, reported revenue of ₹277 Cr for FY 2025, up 29% year on year.
ClearTDS provides cloud-based taxation solutions for businesses, focusing on finance, financial software, taxation services, and cloud-based solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
ClearTDS's top competitors include JJ Tax, Kanakkupillai and Prosperr.
ClearTDS operates through Defmacro Software Private Limited.
The legal entities of ClearTDS currently have 4 directors, including Archit Gupta, Srivatsan Ravindran Chari, Raja Ram Gupta and others.