Business accounting software firm Vyapar has acquired accounting automation startup Suvit to strengthen its digital compliance solutions for Indian MSMEs.
Vyapar did not disclose the size of the deal.
Following the acquisition, Suvit co-founder Ankit Virani will join Vyapar as a business head, where he will oversee the integration of Suvit’s automation offerings into the broader Vyapar ecosystem, the company said in a press release.
Co-founded in 2016 by Sumit Agarwal, Ruqiya Irum and Shubham Agrawal, Vyapar provides accounting software for mobile and…

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