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complinity.com

Founded Year

2017

Stage

Seed VC | Alive

Total Raised

$750K

Last Raised

$750K | 7 mos ago

About Complinity

Complinity offers a governance, risk, and compliance platform covering thousands of laws and compliance in India.

Complinity Headquarter Location

544,Tower B2,Spaze i-Tech Park Sector 49, Sohna Road

Gurugram, 122018,

India

8181 900 600

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Latest Complinity News

India based Compliance Software startup Complinity raises USD 750K from RiSo Capital and Other Investors

Oct 25, 2021

India based Compliance Software startup Complinity raises USD 750K from RiSo Capital and Other Investors By Complinity, an India based startup in B2B SaaS space, has raised USD 750K in the latest funding round from RiSo Capital and others as part of the Pre-Series A round closure on 25 October 2021. Investors: RiSo Capital, an early-stage VC investment firm based in Silicon Valley (US), together with Rajnish Babbar, another lead investor from the US and a few other angel investors, participated in the current funding round. The Objectives behind the funding: The company plans to deploy the current proceeds to expand the company’s overall technology, sales and operational capabilities. About Complinity Source: Company’s LinkedIn profile Founded in 2017 by Sumit Pahwa, Hari Balasubramanian and Kapil Sharma, Complinity is an integrated Governance, Risk & Compliance Software company covering 2000+ Laws and 20,000 compliances in India across all states and 50+ industry verticals. The Startup is helping several Companies manage their Compliance, Contracts, Registrations, Litigation, Assessments, Legal Updates, Audit, Internal Controls, Insurance, Documents, Secretarial and other tasks. Its integrated true-cloud B2B SaaS Platform aids businesses to digitize, automate and manage their risk & compliance with real-time legal updates across all laws applicable to the organization. Complinity recently achieved its ISO 27001:2013 and ISO 9001:2015 certifications on data security and quality, respectively. What the Founder has to say: Sharing his thoughts on the closure of the funding round, Sumit Pahwa, Co-founder and CEO, Complinity commented, “We are thankful to RiSo Capital and all other investors who believed in us and in our vision. We founded Complinity with a mission to establish a regulatory compliance monitoring mechanism in Companies through technology. We believe we are still at the early stages of technology disrupting the Compliance space. There are 1.3 million Companies in India, and less than 1% use any such software. This presents an exciting opportunity before us in this virgin market. The current round of investment will help us scale the technology for making cutting-edge SaaS products with a global appeal.” What the Investor has to say: Mahendra Jain, General Partner, RiSo Capital, mentioned, “The Complinity founders and team carry a rich experience in Technology, Legal and Business, and we’re super excited to be part of their growth journey. India is rapidly digitizing small and medium businesses, and Complinity is one of the fastest-growing Compliance Software Companies in India to bring ease of processing and to do business. They have built a significantly disruptive SaaS product with a wide pan-India marquee customer footprint and hold a global vision.” For more extensive analysis and Market Intelligence reports feel free to approach us or visit our website:  Venture Capital Market Intelligence Reports | VCBay . We try our best to fact check and bring the best, well-researched and non-plagiarized content to you. Please let us know -if there are any discrepancies in any of our published stories, -how we can improve, -what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!

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  • When was Complinity founded?

    Complinity was founded in 2017.

  • Where is Complinity's headquarters?

    Complinity's headquarters is located at 544,Tower B2,Spaze i-Tech Park, Gurugram.

  • What is Complinity's latest funding round?

    Complinity's latest funding round is Seed VC.

  • How much did Complinity raise?

    Complinity raised a total of $750K.

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