Vyapar acquires Suvit to unify AI-driven accounting and compliance for MSMEs
Vyapar has acquired Suvit, an AI-enabled accounting automation platform, for an undisclosed amount. The goal: a single system that brings business management, automation, and compliance together for MSMEs, chartered accountants (CAs), and tax professionals.
Vyapar's existing suite-billing, accounting, inventory, GST filing, and cash flow-will connect with Suvit's automation tech. Expect faster invoicing, cleaner reconciliations, and smoother tax filing inside one workflow.
What changes for managers
- One platform to run operations and compliance, reducing tool-switching and manual follow-ups.
- Automated data capture and reconciliation to cut down time spent on spreadsheets and error chasing.
- GST support with real-time error detection to reduce filing friction and rework.
- Financial insights to track cash, collections, and exceptions without digging through reports.
- Practice management tools so CAs and tax teams can handle more clients with less administrative overhead.
About Suvit and the integration
Suvit, founded by Ankit Virani, focuses on eliminating manual data entry and easing GST reconciliation. Post-acquisition, Virani will join Vyapar as business head.
His take: "Suvit was built to simplify compliance for tax professionals. Joining Vyapar allows us to extend this vision to millions of MSMEs, combining automation and accessibility to deliver an integrated digital experience."
Vyapar's intent
Sumit Agarwal, founder and CEO of Vyapar, said: "This acquisition brings us closer to Vyapar's long-standing vision - to empower every Indian business with simple, intelligent, and accessible technology. Together with Suvit, we are building a connected financial future for MSMEs and tax professionals alike.
"By joining forces with Suvit, we want to equip tax professionals to handle more clients and manage their compliance efficiently. Ensuring to reduce their time and effort significantly."
Why this matters
- Time and cost: Automating reconciliation and filings frees up hours every week across finance and operations.
- Accuracy: Real-time checks reduce return rejections and late fees.
- Scale: CAs and tax teams can onboard more clients without proportional headcount.
- Visibility: Tighter data flow from billing to filing improves cash and compliance forecasting.
Action list for managers
- Map your current finance workflow: invoicing, collections, reconciliation, GST filing. Flag handoffs and repeat errors.
- Set baseline metrics: time-to-invoice, reconciliation cycle time, filing error rate, DSO, and staff hours per month.
- Pilot the combined stack with one business unit or a subset of clients. Measure before/after on time saved and error rates.
- Align with your CA or tax partner on roles, access, and deadlines. Define a single owner for compliance status.
- Review data security, user permissions, and audit trails before full rollout. Plan training and a 30-60-90 adoption timeline.
Context and resources
For official GST filing guidelines and updates, visit the Government of India's GST portal: gst.gov.in.
If you're building internal capability around AI-driven automation in finance and operations, explore practical learning paths here: Complete AI Training - Automation.
The bottom line
This deal tightens the link between day-to-day business operations and compliance. If executed well, it reduces manual work, speeds up monthly closes, and gives leadership cleaner numbers faster-exactly what you need to make decisions without waiting on the books.
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