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Archit Gupta, cofounder and CEO of Clear, said the company will use newly raised capital to accelerate its expansion into business-to-business (B2B) credit and payments and grow its business in international markets such as Europe, Middle East and Africa (EMEA).“Having The company offers solutions like GST and e-way bill software, along with business incorporation and compliance services for enterprises. “We expect it (revenue) to reach $45 million over the next 24 months and within the next 18 months, the company is likely to turn profitable,” Gupta said. In total, the 10-year-old startup has now raised around $140 million. Both Clear and Stripe are alumni of Silicon Valley’s storied startup accelerator Y Combinator. Founded in 2011 by Gupta, Srivatsan Chari and Ankit Solanki, Clear is among the first set of Indian startups to be funded by Y Combinator.
