Iris GST

Mumbai, India Founded: 1994 • Age: 32 yrs Acquired By Sovos Compliance
GST filing and compliance solutions are provided for businesses.
Annual revenue $12.0M Latest available
Total funding - Funding intelligence
Employees 343 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Iris GST

Iris GST is a company based in Mumbai (India) founded in 1994 was acquired by Sovos Compliance in July 2025. The company has 343 employees as of April 07, 2024. Iris GST offers products and services including IRIS Sapphire, IRIS Topaz, IRIS Onyx, and IRIS Zircon. Iris GST operates in a competitive market with competitors including Avalara, Exactera, TAINA Technology, Taxdoo and TaxJar, among others.

  • Headquarter Mumbai, India
  • Employees 343 as on 07 Apr, 2024
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Iris Business Services Ltd
  • Jurisdiction Vashi, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.03 M (USD)
    37.45
    as on Mar 31, 2024
  • Net Profit
    $1.03 M (USD)
    105.09
    as on Mar 31, 2024
  • EBITDA
    $1.78 M (USD)
    58.63
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    343

    as on Apr 07, 2024

  • Acquired by
    Sovos Compliance

    (Jul 02, 2025)

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Products & Services of Iris GST

Iris GST offers a comprehensive portfolio of products and services, including IRIS Sapphire, IRIS Topaz, IRIS Onyx, and IRIS Zircon.

Product name locked
Category locked
Primary

Platform for GST return filing and reconciliation

Product name locked
Category locked
Locked

System for generating and managing e-way bills

Product name locked
Category locked
Locked

Solution for real-time e-invoice generation and integration

Product name locked
Category locked
Locked

API for seamless GST data integration with ERPs

Funding Insights of Iris GST

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Detailed funding history for Iris GST

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Investors in Iris GST

Iris GST has secured backing from 1 investor. Prominent investors backing the company include Sovos.

All
Investor Description Founded Year Domain Location
Tax and compliance management solutions are provided for businesses.
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Investor details for Iris GST

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Investments & Acquisitions by Iris GST

Investments
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Investment portfolio details for Iris GST

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Financial Statements - Iris GST

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Detailed financials for Iris GST

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Iris Gst Comparisons

Iris GST Primary company
Description
GST filing and compliance solutions are provided for busines...
Location
Mumbai, India
Founded Year
1994
Annual Revenue
$12.03 M (USD)
Net Profit
$1.03 M (USD)
EBITDA
$1.78 M (USD)
Employees
343
As of 2024
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Peer comparison for Iris GST

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Competitors of Iris GST

Iris GST operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avalara, Exactera, TAINA Technology, Taxdoo and TaxJar, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based tax compliance solutions are delivered for businesses worldwide.
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Tax compliance software solutions are provided for business operations.
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Compliance management platforms are provided for financial institutions' regulatory needs.
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Sales tax management is offered for online retailers.
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Cloud-based tax calculations & compliance solutions for small businesses
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Bookkeeping and tax compliance platform for SMEs and freelancers
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Detailed competitors of Iris GST

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Latest news on Iris Gst

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Complete news archive for Iris GST

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Frequently Asked Questions about Iris GST

Iris GST was founded in 1994.

Iris GST is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Apr 07, 2024, the latest employee count at Iris GST is 343.

Annual revenue of Iris GST is $12.03M as on Mar 31, 2024.

GST filing solution for businesses. Its products include IRIS Sapphire for filing GST returns, GST reconciliation, annual GST return filing and e-sign; IRIS Topaz, to manage the life cycle of e-way bill: from generation and updates to rejection and cancellation; IRIS Peridot to can any GSTIN through the app to know their filing history, compliance score and report non-compliance- all in real-time; and IRIS Onyx, a solution for e-invoicing. The platform automatically generates reporting and summary dashboards. Users can also review and maintain detailed audit trails on the platform.

Iris GST's top competitors include Avalara, Taxdoo and Fonoa.

Iris GST offers IRIS Sapphire, IRIS Topaz, IRIS Onyx, and IRIS Zircon.

Iris GST has 1 investor. Key investors include Sovos.

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