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Market: Sovos increases investment in APAC

Fiinews by Fiinews
May 16, 2026
in Markets
Reading Time: 4 mins read
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Mumbai CoE to serve Asia enterprises

Sovos, the always-on tax compliance company headquartered in Atlanta, has announced a substantial increase of its investment in the Asia-Pacific (APAC) region, including the opening of its new APAC Centre of Excellence (CoE) in Mumbai to serve as engine for go-to-market, product, and delivery across one of the world’s fastest-growing e-Invoicing and tax compliance markets.

The hub will serve as the company’s operational and strategic anchor across the region, reinforcing Sovos’ commitment to delivering enterprise-grade tax compliance solutions at scale in one of the fastest-growing markets in the world.

APAC is undergoing rapid regulatory transformation, with governments across the region accelerating e-invoicing mandates, real-time reporting requirements, and digital tax infrastructure rollouts. As multinationals operate or expand in these markets, the complexity of remaining compliant across dozens of regimes demands a partner with deep local expertise, global platform scale, and proven regulatory intelligence. Sovos is uniquely positioned to meet that demand.

“Winning long-term means investing in the right places at the right time, and APAC is unquestionably one of those places right now,” said Kevin Akeroyd, CEO, Sovos. “Enterprises operating across APAC are actively seeking a tax compliance partner they can trust for best-in-class technology, regulatory depth, and the local presence and expertise to guide them through an increasingly complex and rapidly changing landscape,” Akeroyd said on 13 May.

Mumbai: APAC Centre of Excellence

The Mumbai hub represents a cross-functional investment spanning go-to-market, delivery, product, and operations. Today’s announcement – building on the IRIS acquisition announced last August – strengthens Sovos’ APAC footprint, adding critical local expertise and accelerating its ability to serve customers across key regional markets.

Designed as the regional nerve centre for Sovos’ APAC business, the Center of Excellence will:

Drive regional expansion and unlock new market opportunities across APAC’s diverse and rapidly evolving compliance landscape;

Support clients with deep local expertise and on-the-ground delivery capabilities, ensuring customers receive compliance guidance that reflects the nuances of each jurisdiction;

Build and nurture top regional talent, establishing a high-performance team with the skills and capabilities to support Sovos’ global ambitions;

Serve as a foundation for scaling Sovos’ presence across the region, with the Mumbai office positioned as the anchor from which new market investments will be made;

Foster innovation and entrepreneurial energy that will shape Sovos’ product and delivery evolution in APAC.

“The Mumbai Center of Excellence is not just a new office – it is Sovos’ commitment to building a trusted, enduring presence in APAC for the long term,” continued Akeroyd. “Sovos is committed to our partners and customers in this region and will continue to set the standard for tax compliance excellence for years to come.”

Exclusively Positioned to Solve Complex Tax Compliance in APAC

Sovos brings a combination of capabilities that no other compliance vendor can match in APAC. Processing nearly 20 billion transactions per year across 150+ countries, Sovos provides always-on regulatory monitoring, and delivers purpose-built integrations with the enterprise systems multinationals rely on. Companies such as Larsen & Toubro, Bajaj Auto, DHL, Thermax, Forbes Marshall, M&M, Skoda, Sumitomo, Ajanta Pharma, and IPCA Labs have enjoyed a strong partnership with Sovos in this region already with many more expected based on recent investments.

The Sovos Tax Compliance Cloud enables businesses to identify, determine, and report on every tax obligation – from e-invoicing and VAT/GST compliance to information reporting – within a single, unified platform. As APAC governments continue to introduce and refine digital tax requirements, Sovos’ platform is built to adapt in real time, ensuring customers are never caught off guard by regulatory change.

Established Regulatory Leadership

Sovos is also announcing two key leadership appointments that underscore Sovos’ commitment to regulatory excellence. Christiaan Van Der Valk, who serves as the GENA Chair, has been named Chief Regulatory and Industry Affairs Officer, reflecting Sovos’ mission to make regulatory intelligence a strategic, differentiated capability. Van Der Valk’s executive appointment is expected to place proactive regulatory influence, tracking, and communications at the center of Sovos strategy.

The company also announced several new senior leadership roles, including:

Alex Pavel will assume the role of SVP, Industry and Regulatory Intelligence on Van Der Valk’s team to drive global regulatory thought leadership and external engagement;

Gautam Mahanti will step into the role of Managing Director for APAC, lending local expertise to scale Sovos as the definitive compliance partner across the region;

Andrew Hocking will step into the role of VP, Channels for APAC, building and scaling a world-class channel ecosystem across the region;

Together, these appointments reinforce the Sovos difference and signal that regulatory excellence is a core pillar of world-class delivery for our customers and partners.

“The regulatory capabilities, relationships and expertise of the team at Sovos is unrivaled in the tax compliance industry,” said Christiaan Van Der Valk. “All of our knowledge, skills and experience are put to work for our customers every day to keep them ahead of any government mandated changes.”

Sovos is transforming tax compliance from a business requirement to a force for growth. Sovos processes nearly 20 billion transactions per year, helping companies scale their compliance strategy in 150+ countries. More than 100,000 customers – including half the Fortune 500 – trust Sovos’ tax and regulatory expertise and unparalleled integration with their business applications. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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