Clear provides a cloud‑based finance ecosystem for Indian enterprises that automates the entire invoice lifecycle, tax compliance (GST, TDS, e‑invoicing) and treasury functions. Its AI‑driven invoice capture extracts and validates data against hundreds of rules, syncs with ERP systems, and offers real‑time cash‑flow analytics and invoice discounting to improve working‑capital efficiency while ensuring 100% regulatory compliance.
Funding
$75M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
KFounders
Product
Problem
Indian enterprises face fragmented finance processes, manual invoice handling, and complex tax compliance across GST, TDS, and e‑invoicing, leading to errors, delayed payments, and high working‑capital costs.
Solution
Clear delivers a cloud‑based finance ecosystem that unifies accounts payable, tax compliance, treasury, and vendor management. AI‑driven invoice capture extracts data, validates against 200+ compliance rules, and syncs directly with ERP systems, eliminating manual entry. Integrated GST and TDS modules automate filing and ITC reconciliation, while real‑time dashboards provide visibility into cash flow and tax risk. The platform also offers invoice discounting, enabling early payments to suppliers using treasury funds or external financiers, thereby improving working‑capital efficiency. All components are hosted on a secure, ISO‑certified cloud, ensuring data privacy and 99.99% uptime.
Target Audience
Primary customers are finance, tax, and treasury teams of large Indian enterprises across FMCG, logistics, automotive, and manufacturing sectors that require automated AP, compliance, and working‑capital solutions.
Features
- AI‑powered Clear Capture extracts invoice data, validates 47 compliance checks, and pushes clean invoices to ERP in seconds
- End‑to‑end e‑invoicing and e‑waybill generation with sub‑200 ms GSTN sync and 250+ data validations for IRN accuracy
- Automated GST, TDS, and ITR filing with 200+ pre‑filing validations and unified PAN‑level compliance dashboard
- Invoice discounting marketplace that routes early‑payment requests to treasury, banks, or TReDS, guaranteeing up to 60% vendor participation and 2–5× returns
- Secretarial automation (BLISS) for board and corporate compliance, featuring role‑based access, AES‑256 encryption, and audit trails
- Integrated vendor portal with two‑way communication (email, SMS, WhatsApp) and KYC risk scoring based on GST history
- Real‑time cash‑flow and working‑capital analytics, including ITC ledger, notice management, and treasury yield optimization