Vyapar acquires Suvit  for AI-driven accounting automation

Vyapar, a provider of business management platforms, has acquired Suvit, an AI-enabled automation accounting software, for an undisclosed amount.

The acquisition aims to create a unified digital ecosystem for micro, small and medium-sized enterprises (MSMEs), chartered accountants (CAs), and tax professionals, supporting them with an integrated suite for business management, automation, and compliance.

With this transaction, Vyapar’s tools for business management will be linked with Suvit’s AI-powered automation technology to enhance operational efficiency across tasks such as invoicing, reconciliation, and tax filing within a single platform.

Suvit was established by Ankit Virani as an automation platform dedicated to reducing manual data entry and GST (goods and services tax) reconciliation work.

Ankit Virani will join Vyapar as business head after the acquisition.

Virani said: “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.”

The combined offering intends to strengthen GST automation with features for real-time error detection and smoother filing procedures.

The platform will also provide financial insights and additional practice management tools aimed at helping tax professionals manage multiple clients more efficiently.

Vyapar CEO and founder Sumit Agarwal stated: “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.”

Vyapar GST Billing and Accounting Software company delivers business management solutions focused on simplifying financial operations for SMEs in India.

Its platform integrates billing, accounting, inventory management, GST filing, and cash flow management into one consolidated system.

"Vyapar acquires Suvit for AI-driven accounting automation " was originally created and published by International Accounting Bulletin, a GlobalData owned brand.

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