Clear acquires CimplyFive to strengthen Compliance Suite for CFOs
CimplyFive blends domain knowledge & technology to automate Company Law and SEBI Listing Obligations (LODR) compliance.
CimplyFive blends domain knowledge & technology to automate Company Law and SEBI Listing Obligations (LODR) compliance.
We are pleased to announce that Clear, India’s leading fintech SaaS company, has acquired CimplyFive, a cloud hosted application that automates Company Law and SEBI Listing Obligations (LODR) compliance. With this latest acquisition, Clear’s enterprise customers will have access to comprehensive Compliance Risk Management Software that eliminates many procedural non-compliance under the Companies Act, 2013.
Founded in 2014 by Shankar Jaganathan and invested in by prominent ex-CFOs like Mohandas Pai, Suresh Senapaty, CimplyFive has scores of enterprise customers including Fabindia, Premji Invest, Crompton, Tata-Hitachi, TVS Group, Jubilant Group, and Wipro. Once integrated, Clear’s expanded product suite will offer a much more competitive offering for its 5000+ enterprise customers which includes both Indian corporations as well as global enterprises with subsidiaries in India.
CimplyFive blends domain knowledge & technology to provide automation solution to compliance risk management, which is the base for good corporate governance. Built over seven years, our comprehensive range of products serve the needs of over 100 corporate groups and professional services firms by meeting the requirements of different types of companies in India.
CimplyFive's BLISS (Board Leaders' Integrated Software Solution) provides peace of mind to company secretaries, directors, and shareholders by tracking and reporting compliance, eliminating procedural non-compliance by auto-linking register and returns with resolutions, and providing seamless integration with mobile apps and tablets for conducting paperless board meetings.
Enterprises that have global subsidiaries can use our platform for their compliance. It can also be used by listed companies to do SEBI’s LODR (Listing Obligations) reporting.
Track board meeting due dates and send timely alerts to ensure compliance
Real-time compliance dashboard for individual companies with reasons for compliance / non-compliance
E-repository for past & present records with search feature capable of searching inside the documents
Maker-checker controls enabling remote supervision of delegated work
24X7 access from any internet connected desktop or laptop to handle emergencies.
Automate Register updates and reflect Register status on real-time dashboard
Schedule a free demo to understand how the CimplyFive platform automates Company Law and SEBI Listing Obligations (LODR) compliance.
