Vyapar acquires accounting automation startup Suvit

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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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Vyapar acquires accounting automation startup Suvit


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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