About Optotax
Optotax is a Financial Services company based in Hyderabad (India) founded in 2017 by Adisesha Reddy G and Ravi Somayaji. It operates as a platform for GST return filing and reporting for tax professionals. It operates on a B2B model. Its website optotax.com draws about 51 thousand monthly visits. Optotax offers products and services including Optotax Software. Its focus areas include FinTech, Tax Tech, GST Compliance and Filing Software. Its legal entity in India is Optobizz Software Private Limited (U72900TG2017PTC118548). Its competitors include Speqta GST, MyGSTCafe, Taxblock and GST Referencer.
Company details
Optotax is a GST compliance software platform designed for tax professionals in India, providing tools for managing clients, preparing and filing GST returns, and generating reports. It features automatic tax computations, seamless collaboration, and statutory compliance. Headquartered in Hyderabad, it serves over 50,000 professionals handling millions of businesses efficiently.
- Headquarters Hyderabad, India
- Founders Adisesha Reddy G, Ravi Somayaji
- SectorsFinancial Services
- Website category Law and Government · Government
- Email••••••••
- Phone•••• ••••
- Website optotax.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Optobizz Software Private Limited
- Date of Incorporation 26 Jul, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4,040
FY 2022 · -100% YoY
- Net Loss-₹21.8 Lakh
FY 2022 · -54080% margin
- EBITDA-₹43,160
FY 2022 · -1068% margin
Associated legal entities of Optotax
Optotax is associated with 2 registered companies on The Company Check; the primary company is Optobizz Software Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Optobizz Software Private Limited CIN U72900TG2017PTC118548 | Strike Off | 26 Jul 2017 | Hyderabad, Telangana | ₹0.0 Cr | – | 2 | View details |
| Optoss Technologies Private Limited CIN U74110DL2015PTC277268 | Active | 26 Feb 2015 | New Delhi, Delhi | ₹9.7 Cr | – | 2 | View details |
Products & Services of Optotax
Optotax offers a comprehensive portfolio of products and services, including Optotax Software.
Software for filing GST returns and generating reports for tax professionals.
Apps and channels of Optotax
its YouTube channel OPTOTAX has 10.9K subscribers and 30 videos.
Videos from Optotax
The most watched videos on Optotax's YouTube channel, OPTOTAX (10.9K subscribers). Click a video to play it here.
More on OPTOTAX.
Board of directors of Optobizz Software Private Limited (Optotax)
Optobizz Software Private Limited is the primary company behind Optotax. The boards of the 2 registered companies of Optotax currently have 4 directors; the longest-serving is Kalyan Chakravarthy Reddy Alla, appointed in 2017. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalyan Chakravarthy Reddy Alla DIN 07976600 | Director | 22 Dec 2017 | 8 yrs 9 mo | Optobizz Software Private Limited |
| Satya Prakash Venkata Sai Buddhavarapu DIN 06554566 | Director | 16 Aug 2019 | 7 yrs 2 mo | Optobizz Software Private Limited |
| Jyoti Verma DIN 08794866 | Director | 15 Jul 2020 | 6 yrs 3 mo | Optoss Technologies Private Limited |
| Ravindra Singh DIN 08504181 | Director | 15 Jul 2020 | 6 yrs 3 mo | Optoss Technologies Private Limited |
People of Optotax
2 people are tracked at Optotax (2 in leadership).
| Name | Role | Group |
|---|---|---|
Adisesha Reddy G | Co-Founder, Director | Leadership |
Ravi Somayaji | Co-Founder | Leadership |
Complete people profiles for Optotax
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Optotax
Figures of Optobizz Software Private Limited, the primary company behind Optotax, for FY 2022. Revenue was ₹4,040 (-100% year on year). Net loss was -₹21.8 Lakh (-54080% margin). EBITDA was -₹43,160 (-1068% margin). Revenue has grown at a compounded annual rate of -81% over three years.
- ₹4,040Revenue · FY 2022 · -100% YoY
- -₹21.8 LakhNet loss · -54080% margin
- -₹43,160EBITDA · -1068% margin
- ₹2.3 LakhPaid-up capital
- -81%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Optobizz Software Private Limited are on its company page.
Detailed financial statements for Optotax
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Optotax
Optotax has 4 listed competitors in our database. They include Speqta GST, MyGSTCafe, Taxblock and GST Referencer, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| speqtalive.com | 2019 | Kanpur, India | – | – | Provides GST compliance software for filing returns and tax reconciliation. | |
| mygstcafe.com | 2016 | Kanpur, India | – | – | Software for GST return filing, data upload, and automations for tax experts. | |
| taxblock.in | 2019 | Pune, India | – | – | Provider of tax compliance and consulting services | |
| gstreferencer.in | 2017 | Madurai, India | – | – | Offers tax compliance tools designed for tax professionals. |
Detailed competitors of Optotax
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Optotax
The website of Optotax (optotax.com) receives about 51K visits a month and ranks #192,847 among all websites worldwide, #6,390 in Government.
- Monthly visits51K
▼ 58.8% vs previous month
- Unique visitors26.9K
per month
- Global rank#192,847
among all websites
- Category rank#6,390
Law and Government · Government
- Bounce rate16%
- Pages per visit11.1
- Average visit5 min 53 sec
- DevicesDesktop 87% · Mobile 13%
Websites whose visitors overlap most with Optotax. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
gst.gov.in | gst.gov.in | 100% | – | #636 | – |
ewaybillgst.gov.in | ewaybillgst.gov.in | 95% | – | #3,309 | – |
| mca.gov.in | 93% | 4.5M | #8,360 | View details | |
| expressgst.com | 80% | 61.9K | #330,336 | View details | |
| esic.gov.in | 77% | 5.1M | #6,410 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Optotax
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Regulatory & Compliance Tech
10 companies that operate in the same segment as Optotax (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 545.02 M | USD 161.29 M | 886 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, Beijing, China | USD 1.98 B | – | 413 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | 815 | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Frequently Asked Questions about Optotax
Optotax was founded in 2017.
Optotax is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Optotax, Optobizz Software Private Limited, reported revenue of ₹4,040 for FY 2022, down 100% year on year.
Optotax is a GST compliance software platform designed for tax professionals in India, providing tools for managing clients, preparing and filing GST returns, and generating reports. It features automatic tax computations, seamless collaboration, and statutory compliance. Headquartered in Hyderabad, it serves over 50,000 professionals handling millions of businesses efficiently.
Optotax's top competitors include Taxblock, Speqta GST and MyGSTCafe.
Optotax offers Optotax Software.
Optotax is associated with 2 legal entities: Optobizz Software Private Limited, Optoss Technologies Private Limited.
The legal entities of Optotax currently have 4 directors, including Jyoti Verma, Ravindra Singh, Kalyan Chakravarthy Reddy Alla and others.