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
Defmacro Software Private Limited operates Clear, one of India's largest tax and financial-compliance SaaS platforms, offering services like income-tax e-filing and GST return filing. The company reported Rs 277.11 Cr in revenue for FY2025, a 29% increase from the previous year. It has raised significant funding, with notable investors including SAIF Partners and Kora Capital.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Defmacro Software
Deeper analysis, financial signals and peer comparisons.
Company Identity
| 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
- 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
| 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
| 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
- 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
- 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
Defmacro Software SPC — Company Profile
FF News · 2 months ago
Defmacro Software Number of Employees 2026 | Employee Count & Headcount Data
Revelio Labs · 2 months ago
Headlines about Defmacro Software Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges
- No open/registered charges found
- Per source-map convention this means no *open* charges are on record, not that none have ever existed
Legal
- 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
Frequently 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?
When was Defmacro Software Private Limited incorporated?
Recur Market
Which lenders fit a company like Defmacro Software Private Limited?
Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.
More on Recur Club
Recently added companies
Lenders on Recur Club
Explore on Recur Club
More from Recur Club
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.