Vyapar acquires AI accounting platform Suvit
28 Nov 2025, 11:51 AMFollowing the acquisition, Suvit founder Ankit Virani will take on the role of business head at Vyapar.
Team Head&Tale
Share the story on
Vyapar has acquired Suvit, an AI-powered accounting automation platform, to enhance its digital compliance and automation offerings for micro, small and medium enterprises across India.
The financial details of the transaction have not been disclosed.
Following the acquisition, Suvit founder Ankit Virani will take on the role of business head at Vyapar, leading the integration of Suvit's automation capabilities into Vyapar's existing product suite.
Suvit, which was founded in 2022 by Virani, specializes in AI-enabled pre-accounting services, GST reconciliation, and advanced compliance tools designed for chartered accountants and MSMEs. Suvit serves over 10,000 practicing firms and 30,000 accountants through its platform, according to company information.
The acquisition is expected to help Vyapar deliver enhanced operational efficiency and more comprehensive compliance features to small businesses and tax professionals, accelerating the adoption of AI-driven solutions in the sector.
Vyapar was founded in 2016 by Sumit Agarwal, Ruqiya Irum and Shubham Agrawal. The SaaS platform provides accounting and inventory management solutions tailored for small businesses, addressing needs around invoicing, inventory tracking, accounting, and regulatory compliance. The company claims to serve over 1 crore MSMEs and competes with players like Clear and SahiGST in the fintech space.
Vyapar last raised $30 million from WestBridge Capital, IndiaMART and India Quotient in 2022.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
