Company Intelligence Profile
Defmacro Software Private Limited
Defmacro Software Private Limited is the legal entity operating "Clear" (formerly ClearTax), one of India's largest tax and financial-compliance SaaS platforms.
Last updated 6 September 2026
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Company Identity
Confirmed| Registered name | Defmacro Software Private Limited |
|---|---|
| CIN | U72200DL2016PTC290345 |
| PAN | AAFCD5862R |
| Status | Active |
| Listing | Unlisted / private company |
| Incorporated | 29 January 2016 |
| ROC | Originally Delhi (RoC-Delhi) under CIN U72200DL2016PTC290345 |
| Sector (NIC) | NIC: Computer-related / IT-enabled services (financial-technology / tax-compliance software); classified by Tofler as "Computer Related Services (Fintech based)" |
| Registered address | C 245A, Ground Floor, Room No 1, Vikas Puri, West Delhi, New Delhi, Delhi 110018, India |
| Authorized capital | ₹135.0 crore |
| Paid-up capital | ₹113.41 crore |
Business Overview
Confirmed- Defmacro Software Private Limited is the legal entity operating "Clear" (formerly ClearTax), one of India's largest tax and financial-compliance SaaS platforms
- Products span individual income-tax e-filing (ITR), GST return filing and e-invoicing/e-way-bill compliance, TDS filing, accounts-payable and vendor-management automation, invoice discounting/financing, and secretarial compliance
- Reports 1.5M+ individual users and 10,000+ business/20,000+ CA customers (company self-reported, clear.in)
- Sources: clear.in, cleartax.in, TheCompanyCheck
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Archit Gupta | 03084589 | Whole-time Director | 29-Jan-2016 |
| Raja Ram Gupta | 03084589 | Director | 29-Jan-2016 |
| Srivatsan Ravindran Chari | 05229187 | Whole-time Director | 26-Sep-2020 |
GST
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAFCD5862R1ZR | Karnataka | AAFCD5862R (Tofler — single source, but internally consistent with GSTIN prefix pattern found for this entity) | Active |
| 07AAFCD5862R1ZX | Delhi | AAFCD5862R (Tofler — single source, but internally consistent with GSTIN prefix pattern found for this entity) | Active |
Two GSTINs identified via aggregator search (single-source, partial confidence — direct GSTIN pages 404'd): 29AAFCD5862R1ZR (Karnataka/Bengaluru Urban, registered 01-Jul-2017, status Active, address AMR Tech Park, Hosur Road, Bangalore) and 07AAFCD5862R1ZX (Delhi/West Delhi, registered 01-Jul-2017, status Active). PAN AAFCD5862R common to both. Home state (registered office) is Delhi. Company likely holds additional state GSTINs (multi-state SaaS operations) not surfaced by available free sources — #registrations understated, "not fully obtained."
Financials
Confirmed- FY2024 (year ended 31-Mar-2024), consolidated, sourced from Entrackr's ROC-filing-based report (primary/reliable): Revenue from operations ₹209.84 Cr (up 93% YoY from ₹108.77 Cr in FY23)
- Net loss ₹96.24 Cr (down 58.8% YoY)
- EBITDA margin approx. -40.3%
- Total expenses ₹310 Cr
- Cash & bank balances ₹53.39 Cr
- Current assets ₹112.59 Cr
- Accumulated losses ₹865.63 Cr. FY2025 (year ended 31-Mar-2025), per TheCompanyCheck: Revenue ₹277.11 Cr, up ~29% YoY (broadly consistent with the FY24 base)
- EBITDA/PAT for FY25 not obtained (paywalled)
- Net worth and borrowings for FY25 not obtained
- Company reportedly cut ~16% of workforce in Aug-2025 (Entrackr) during a cost-optimization drive
Funding
Confirmed- Series A — $12M, led by SAIF Partners (Ravi Adusumalli joined board), June 2016
- Series B — $50M, led by Composite Capital (Hong Kong), Oct 2018
- Series C — $75M, led by Kora Capital with Stripe participating, Oct 2021
- Notable angel/strategic backers cited in press: Max Levchin (PayPal), Vijay Shekhar Sharma (Paytm), Neeraj Arora (ex-WhatsApp), Founders Fund, Sequoia, Ryan Peterson (Flexport)
- Total cumulative funding figure not explicitly confirmed on any single reliable source — "not obtained" as an exact aggregate
In the News
ConfirmedDefmacro Software SPC — Company Profile
FF News · 21 days ago
Defmacro Software Number of Employees 2026 | Employee Count & Headcount Data
Revelio Labs · a month ago
Headlines about Defmacro Software Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 10 days ago.
Source: Google News aggregated headlines
Charges
Confirmed- No open/registered charges found
- Per source-map convention this means no *open* charges are on record, not that none have ever existed
Legal
Confirmed- Two Delhi High Court matters located on Indian Kanoon: "Clear Tax Online Consultancy Pvt Ltd &... vs Defmacro Software Private Limited & Anr" — heard 21-Oct-2021 (Doc ID 182501994) and again 06-Dec-2021 (Doc ID 84198304), both before Bench of Justices Manmohan and Navin Chawla
- Appears to be a trademark/passing-off style dispute given the near-identical "Clear Tax" naming of the petitioner entity vs. Defmacro's "ClearTax" brand — case subject matter/outcome not confirmed beyond the case listing (full judgment text not retrieved)
- No other litigation found on the sources checked
Competitors
Partial / conflictingFrequently Asked Questions
What does Defmacro Software Private Limited do?
What is the CIN of Defmacro Software Private Limited?
Where is Defmacro Software Private Limited registered?
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