ex Infoscians seed fund taxsutra, the company specialised in providing real time, up to date news and case law analysis on Income Tax from various courts of India. The company tracks important events such as litigations, development in Income Tax, Central Board of Direct Taxes (CBDT) and Finance Ministry. Taxsutra aims to keep tax professionals updated on latest trends in tax world.
The Pune based company was founded in 2011 by experienced media and tax professionals Arun Anand Giri, Ameya Kunte and Arun Anant.
Arun Anand Giri is one of the co founders of taxsutra.com. He graduated in Bachelor of Commerce from Brihan Maharashtra College of Commerce; he became a Chartered Accountant in 2003 and did his Diploma in Journalism in Broadcast Media from Asian College of Journalism.
Arun has rich media experience worked with CNBC TV18 for almost 4 years from April 2004 to February 2008 as Special Correspondent. He moved to UTVI Business news as Assistant Editor in March 2008 worked there till March 2011. In November 2010, he started taxsutra.com and became editor of the online portal.
Ameya Kunte is highly experienced tax professional; he is an entrepreneur and chartered accountant. He graduated in Bachelor of Commerce from Brihan Maharashtra College of Commerce in 2002. Ameya became Chartered Accountant from Institute of Chartered Accountant of India in 2003.
He is the founder of the website of www.cacareers.in which provides simple, easy to use platform for CA firms and companies to post their recruitment needs. He started his career in October 2003 as Manager in Ernst & Young (now called E&Y) based out of Pune working for Global Tax Advisory Services Team. In 2005 he joined as Pune West CPE Study Circle, the study circle has 400 members on its roles and adjudged as best study circle for continuous 4 years.
In December 2009 he became Senior Manager in PwC handled Tax and Regulatory Services Team. He co founded taxsutra.com in Oct 2010.
Arun Anant is another co founder of the company. He has rich and diverse professional experience. He has graduated from Indian Institute of Technology (Banaras Hindu University), Varanasi. He did Masters in Business Administration from Indian Institute of Ahmedabad and attended Executive Development Program on venture capital course conducted by Indian School of Business, Hyderabad.
In 1985 he became Project Engineer in Hindustan Petroleum Corporation Limited. He worked there for 13 months and moved as Vice President in Lowe Lintas. He had long stint in the company worked there for almost 12 years. In 2000 he became Business Head for myiris.com. He has worked with several media house in various capacities such as The Economic Times, Kasturi & Sons Ltd (owners of The Hindu) and IncValue Advisors Pvt Ltd. Right now he is working as Director of Revenue & Strategy in Hindustan Times.
The company received seed capital of $161k from former Infosys management big wigs. V Balakrishnan and T V Mohandas Pai, ex board members of Infosys have invested in the company.
“The funds will be utilised for ramping up the production and product development. We have a host of new product launches lined up over the next 12-18 months that will cater to the information/analysis need of tax/law professionals.” Arun Giri and Ameya Kunte issued a joint statement after the funding.”
“Leading corporate boards are struggling with lack of quality information and analysis to mitigate their risks while taking business decisions. taxsutra.com provides that critical information backed by a high quality team of founders and professionals. The portal provides insights on compliance and regulatory landscape in the country and overseas. We are happy to back this first of its kind, made in India Venture” said V Balakrishnan.
taxsutra.com runs four B2B online subscription based portals on direct tax, indirect tax, corporate laws and transfer pricing.