Fintech Clear acquired CimplyFive in an all-cash deal

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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).

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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.

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