Avalara acquires assets of AI-Indix
Seattle-headquartered Avalara Inc has appointed Manjula Muthukrishnan as managing director of its Indian subsidiary with a special focus on strengthening the company’s end-to-end tax automation offerings to enable customers to navigate the complexities of the local Goods and Services Tax.
Pune-based Muthukrishnan will oversee strategic operations across India under Avalara Technologies Private Ltd.
Muthukrishnan brings more than 25 years of experience leading digital and transformational initiatives for global businesses, said Avalara in a release on 16 May 2019.
Most recently, she served as a strategic consultant for Socion Advisors, an advisory firm that works with social initiatives committed to resolving large scale societal challenges.
Prior to that, she was with HSBC as the head of Digital Engineering for Commercial Banking. She also spent 20 years with Infosys where she helped restructure the pre-sales team for efficiency and develop the Learning Services offering for the organization.
“In India, the process of collecting tax and complying with tax laws is changing quickly. I’m excited to join the company and look forward to helping businesses address tax complexity with smart technologies and excellent service,” said Muthukrishnan.
Pascal Van Dooren, EVP, International at Avalara, commented: “We’re thrilled to welcome Manjula to the team. She brings a powerhouse combination of deep experience in global digital transformation, a creative leadership style, and a passion for her team. Under her leadership, I believe we will continue to strengthen Avalara’s position in the market and help our customers navigate tax compliance changes.”
In addition, Avalara recently acquired assets from Indix, an artificial intelligence-based product information platform based in Chennai.
These investments are part of Avalara’s continued commitment to invest in its team, its technology, and its expertise.
Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India. fiinews.com