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Incorp India Invests $10 Million In Vakilsearch

Oct 29, 2021almost 4 years ago

Amount Raised

$10 Million

ChennaiFinancial ServicesMobileSoftware

Description

Chennai: Incorp India on Thursday announced its investment of $10 million in compliance tech platform Vakilsearch which provides support to small businesses and individuals with their legal, tax and compliance needs.

Company Information

Company

Vakilsearch

Location

Chennai, Tamil Nadu, India

About

The platform has catered to over 80,000 small businesses among other clients, including over 30,000 businesses since the start ofthe pandemic alone, enabling over 10,000 new incorporations and over 8,000 trademark filings. The company is pivoting from a transaction-based service provider to a client based advisory platform. The company shall offer multiple compliance and advisory solutions to its clients using AI, improving efficiency in operations and enhancing customer experience. “Data led insights and analytics are the core of our philosophy, and the platform built by Vakilsearch provides us with the building blocks to create a Compliance Tech platform of the future. Vakilsearch provides compliance tech solutions’ and offers services including incorporation, government registrations, corporate and tax filings, trademark filings, accounting, payroll and other support services to businesses.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech