Archive · 12 Aug 2025
Clear's Revenue Bounces Back on B2B Shift
Clear, previously known as Cleartax, has changed its focus to help big businesses with their taxes and financial tasks.
They now offer software for enterprises to handle things like taxes, invoicing, and other financial duties.
Clear's revenue almost doubled in the last year.
They serve businesses worldwide and are using AI to improve their services.
They are not currently planning to sell shares to the public.
Clear, formerly Cleartax, shifted focus to enterprise GST compliance and CFO software.
The company's B2B platform now serves 4,000 enterprises globally, including Fortune 500 companies.
Enterprise segment accounts for 75% of revenues, with consumer services contributing 25%.
Revenue nearly doubled to Rs 210 crore in FY24, while losses narrowed to Rs 96 crore.
Clear expanded its services to the Middle East, Southeast Asia, and the European Union.
- Who
- Clear, previously known as Cleartax.
- What
- Clear is focusing on enterprise GST compliance and CFO software.
- When
- Revenue nearly doubled to Rs 210 crore in FY24.
- Where
- Based in Bengaluru, with global expansion.
- Why
- To drive revenue growth after changes in the consumer tax filing landscape.
- Previous Name
- Cleartax
- Current Focus
- Enterprise GST compliance and CFO software
- Revenue FY24
- Rs 210 crore
- Losses FY24
- Rs 96 crore
- Enterprise Revenue Share
- 75%
- Global Presence
- Middle East, Southeast Asia, EU
