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.
CIN: U72200DL2016PTC290345ActiveOriginally Delhi (RoC-Delhi) under CIN U72200DL2016PTC290345; TheCompanyCheck (2025-26 data) shows migration to RoC-Haryana under new CIN U72200HR2016PTC140767 — flagged, not independently confirmed on a second registry sourceConfidence: medium-high — core identity/financials/legal cross-confirmed on 2+ sources
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Defmacro Software Private Limited |
|---|---|
| CIN | U72200DL2016PTC290345 |
| PAN | AAFCD5862R (Tofler — single source, but internally consistent with GSTIN prefix pattern found for this entity) |
| Status | Active |
| Listing | Unlisted / private company |
| Incorporated | 29 January 2016 |
| ROC | Originally Delhi (RoC-Delhi) under CIN U72200DL2016PTC290345; TheCompanyCheck (2025-26 data) shows migration to RoC-Haryana under new CIN U72200HR2016PTC140767 — flagged, not independently confirmed on a second registry source |
| 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 (confirmed on Tofler, TheCompanyCheck, and ClearTax's own website footer) |
| Authorized capital | ₹135.0 crore (Tofler + TheCompanyCheck agree) |
| Paid-up capital | ₹113.41 crore (Tofler + TheCompanyCheck agree) |
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 (via subsidiary Cimplyfive)
- 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, appointed 29-Jan-2016, DIN 03084589-pattern confirmed as DIN 03527968 confirmed on 2 sources: Tofler + independent web search result; he is also Clear's founder/CEO. 2) Raja Ram Gupta; Director, appointed 29-Jan-2016, DIN 03084589 Tofler only; partial. 3) Srivatsan Ravindran Chari; Whole-Time Director, appointed 26-Sep-2020, DIN 05229187 Tofler only; partial. No past-director history obtained paywalled on all aggregators checked. | 29-Jan-2016 |
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 (single source, standalone/consolidated basis unclear): 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- Confirmed rounds (multiple independent press mentions, consistent with well-documented public history): 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 (Tracxn cited for round naming only, per rules)
- 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 (approx. $137M+ summing disclosed rounds, but this is a derived estimate, not source-stated)
Charges
Confirmed- No open/registered charges found — confirmed independently by both Tofler and TheCompanyCheck ("does not have any charges (loans) registered with the Registrar of Companies")
- 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 / conflicting- Indian tax-filing / GST-compliance / fintech-SaaS peers (named, comparable-scale where known): Quicko (income-tax/investment tax filing, smaller scale), TaxSpanner (ITR filing, smaller/niche), IRIS Business Services / IRIS GST (GST compliance, mid-size listed peer), Masters India (GST/e-invoicing compliance SaaS, mid-size), Zoho (Books/GST modules within a much larger diversified SaaS suite — larger overall but GST module is a narrower slice), Tally Solutions (dominant SME accounting/GST software, larger installed base)
- Note: none of these are sourced from a single aggregator — compiled from general market knowledge of the Indian tax/GST-SaaS space
- treat as indicative, not source-attributed figures
Frequently Asked Questions
What does Defmacro Software Private Limited do?
Defmacro Software Private Limited is the legal entity operating "Clear" (formerly ClearTax), one of India's largest tax and financial-compliance SaaS platforms.
What is the CIN of Defmacro Software Private Limited?
The Corporate Identification Number (CIN) of Defmacro Software Private Limited is U72200DL2016PTC290345.
Where is Defmacro Software Private Limited registered?
Defmacro Software Private Limited is registered with Originally Delhi (RoC-Delhi) under CIN U72200DL2016PTC290345; TheCompanyCheck (2025-26 data) shows migration to RoC-Haryana under new CIN U72200HR2016PTC140767 — flagged, not independently confirmed…. Registered address: C 245A, Ground Floor, Room No 1, Vikas Puri, West Delhi, New Delhi, Delhi 110018, India (confirmed on Tofler, TheCompanyCheck, and ClearTax's own website footer)
When was Defmacro Software Private Limited incorporated?
Defmacro Software Private Limited was incorporated on 29 January 2016.
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