Clonect Solutions has launched GSTSTAR, a GST compliance software. Founded by Infosys veterans Shailesh Agrawal and Balaji GS Rao,the start-up has received seed funding of USD 1 million from former Infosys Directors V Balakrishnan and TV Mohandas Pai, among others.
The new technology offering includes registration, returns and reconciliation of taxes.
The services and utilities of GSTSTAR are designed to provide businesses with invoice management, tax calculator, HSN/SAC lookup and GSTIN collector utility, said Agrawal. It is offered both as a standard cloud-based self-subscription version and as a full-scale enterprise version. – The Hindu Business Line