Clear Launches Crypto Tracking, Tax Management Platform The users will get live portfolio performance dashboards and tax reports which will help them take real-time decisions

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Fintech SaaS firm Clear, has launched a crypto tax and portfolio management platform for enterprises and individual users.

Nearly 20 million Indians jumped onto the crypto bandwagon in 2021. From picking up Bitcoin, the world's first and most popular currency, they started investing in Ethereum and eventually experimenting with alternative coins like Solana, Polygon and Terraluna and stable coins like Tether, too. Clear will not only assist the investors with reporting their TDS, taxes and GST level invoices and deposits but will directly integrate with the exchanges to remove all the manual processes that traders currently undergo. All the crypto trading, investment and holding patterns will be declared in their asset-liability and tax will be automatically calculated. The users will get live portfolio performance dashboards and tax reports to be able to make real-time decisions. Clear will tie up with crypto exchanges to help their customers adhere to the new tax norms, said a company statement.

"Cryptocurrencies have become an exciting part of the Indian investor's lexicon. We currently have around 50,000 income tax filers reporting crypto income. However, considering the government's rules on crypto taxes where users cannot offset losses across different crypto assets, tracking their transactions at the asset level and being able to track the net profit or loss of those trades becomes critical for crypto trading. Our crypto offering will help the existing as well as potential traders to manage their crypto portfolio against taxes and make their decisions with ease," said Archit Gupta, co-founder and CEO of Clear.

Clear plans to bring one crore users on the crypto portfolio dashboard management system. The company has allocated $10 million to develop the crypto taxation product, added the statement.

Wavy Line
Shrabona Ghosh


A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 

Related Topics

Starting a Business

5 Tips For Launching a Business While Keeping Your Day Job

Launching a business while holding down a 9-to-5 is no small feat. It's a common path for aspiring entrepreneurs, but it's not without its challenges.


6 Ways Successful Entrepreneurs Manage Their Time and Achieve a Work-Life Balance

Maintaining a healthy work-life balance as an entrepreneur is not a luxury; it's a necessity.

Starting a Business

Honey, We Have a…Company! — 6 Tips for Running a Business With Your Romantic Partner

The unique challenges (and gifts!) in running a business with your romantic partner


DealShare Founder Sourjyendu Medda On Apps He Can't Live Without

"I am just a little miffed that the next generation will never know the struggles we all had with cash, wallets, and change," he says

Starting a Business

How Dairy Farming Made Me a Better Tech Entrepreneur

Here's how working on a dairy farm contributed to my success as a technology entrepreneur.

Social Media

The 5 Critical Components of a Great Customer Journey Map

From clear goals and actionable insights to an omnichannel view of the customer experience, how to fashion this pivotal business building block.