Vyapar Acquires AI Accounting Platform Suvit to Revolutionize MSME and Tax Operations

Vyapar, a leading provider of MSME management solutions, has announced the acquisition of Suvit, an ICAI-recognized AI-powered accounting automation software. The move is positioned as a major step toward building India’s most integrated digital ecosystem for MSMEs, chartered accountants, and tax professionals.

The partnership brings together Vyapar’s all-in-one business management suite — covering billing, accounting, inventory, and GST compliance — with Suvit’s AI-driven automation for pre-accounting, reconciliation, and tax compliance. By combining their strengths, the integrated platform aims to enhance accuracy, reduce manual effort, and help tax professionals manage more clients efficiently.

“Through this acquisition, we are enabling MSMEs and tax professionals to access a seamless end-to-end workflow from invoicing to reconciliation to tax filing,” said a Vyapar spokesperson.

Key Highlights of the Acquisition:

Vyapar now fully owns Suvit, integrating its AI-powered automation capabilities into its MSME suite. The combined platform is designed to streamline financial operations, making accounting and compliance faster and more accurate for millions of small businesses.

Ankit Virani, Founder of Suvit, joins Vyapar as Business Head to lead integration and future product development. The roadmap includes enhanced practice-management tools for tax professionals, aimed at boosting efficiency and client capacity.

This strategic move reflects a growing trend of digital transformation in India’s MSME sector, where automation and AI are increasingly being leveraged to simplify accounting, reduce errors, and improve workflow efficiency. With the integration of Suvit, Vyapar is set to offer a comprehensive digital ecosystem, enabling MSMEs to manage end-to-end business operations while empowering tax professionals with advanced tools to serve more clients effectively.

The acquisition also signals Vyapar’s commitment to using technology to bridge gaps between small businesses and professional accounting services, positioning the company at the forefront of India’s fintech-driven MSME landscape. By combining traditional business management features with AI-led automation, Vyapar and Suvit aim to transform how millions of small businesses and tax professionals operate, creating a more efficient, scalable, and future-ready platform.