Fintech Clear acquired CimplyFive in an all-cash deal

Fintech SaaS platform Clear acquired CimplyFive in an whole- cash deal for an undisclosed money. CimplyFive is a cloud- based software that automates compliancy with company law and SEBI Listing compliance and Disclosure conditions( LODR).

With this Takeover, Clear( before ClearTax) business clients will gather access to compliance risk management software that eliminates multiple procedural non-compliances under the Companies Act, 2013. Clear’s amplified product suite will give a better offering to its over,5000 enterprise clients, which contain both Indian companies and global companies with Indian subsidiaries.