Latest ClearTax News & Updates

See the latest news and media coverage for ClearTax. We track all announcements, press releases, and industry mentions in real time, all in one place.

ClearTax

Online tax filing and financial services platform

cleartax.in

Headquarters: Bangalore, India
Company type: Private company
Number of employees: 1,300–5,000
Industry: Financial Technology (Fintech)

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Latest news about ClearTax

In short: ClearTax invested $50 million in the UAE, expanded across the GCC, won CX awards, and cut 16% of staff.

Company announcements

3 March 2023 ClearTax

Clear launches licensed IRP services for India's digital dream

The fintech receives GSTN approval to generate e-invoices. This infrastructure aims to simplify tax compliance and support trade digitization across the nation.

2 November 2022 ClearTax

ClearTax expands operations to UAE, Bahrain, and Oman

The fintech firm follows significant growth in Saudi Arabia by launching e-invoicing solutions compliant with local digital reforms across the GCC region.

16 March 2022 ClearTax

Clear acquires Xpedize to expand invoice discounting services

The acquisition integrates Xpedize's AI platform as Clear Invoice Discounting. This moves the company into SME credit and B2B payments for its 3,000 enterprise clients.

13 January 2022 ClearTax

ClearTax raises follow-on investment from fintech leaders

The company secures angel investment from Robinhood and Coinbase product heads to support aggressive international expansion into Saudi Arabia and the UAE.

Media coverage

23 September 2025 Khaleej Times

ClearTax announces plans to invest $50 million in the UAE

ClearTax, one of the world's largest enterprise AI-driven companies in tax and compliance, on Tuesday announced a $50 million investment in the UAE. The expansion...

24 August 2025 MSN

ClearTax lays off 16% staff amid restructuring; freshers hit hardest in strategic move

In a recent strategic move, ClearTax, now operating under the brand name Clear, has implemented significant layoffs, affecting 16% of its workforce, with fresh graduates...

24 August 2021 Business Wire

ClearTax Expands Into Middle East, Raises $75M

BANGALORE, India--(BUSINESS WIRE)--ClearTax, India's leading fintech SaaS company, entered into the Middle East through a $75 million Series C fund raise for expansion into international...

4 March 2020 Inc42

ClearTax Acquires Karvy's GST Filing Arm In All-Cash Deal

Y Combinator-backed fintech startup ClearTax has announced the acquisition of asset management platform Karvy's goods and services tax (GST) filing business in an all-cash deal...

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