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Fortax and FortaxERP is an advanced compliance and business management platform that leverages Artificial Intelligence (AI), Machine Learning (ML), and Blockchain to simplify financial and regulatory processes for MSMEs and startups. By integrating AI, Fortax automates routine compliance tasks—such as GST filing, ROC submissions, and tax reminders—while offering intelligent insights and alerts. Its ML models constantly learn from user behavior, financial trends, and government policy changes, ensuring businesses remain compliant with minimal effort. A standout feature of Fortax is its use of blockchain technology to enhance data integrity and trust. Every compliance activity and financial record is securely stored on a decentralized ledger, making it tamper-proof and easily auditable. This creates a transparent ecosystem where businesses, regulators, and auditors can collaborate with confidence. Additionally, smart contract capabilities enable automated execution of payments, filings, and agreements based on predefined compliance rules—drastically reducing manual errors and delays. Fortax’s combined use of AI, ML, and blockchain transforms compliance into a proactive, reliable, and secure process. With over 10,000 businesses onboarded, Fortax is setting new standards in compliance automation. It empowers small and mid-sized enterprises to focus on growth and innovation while handling complex regulatory challenges effortlessly.

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Entity Type
Private Limited Company
Sectors
Artificial Intelligence & Machine Learning
Startup Stage
Early Traction

Startup Teams

  • 1 Amit yadav (Founder)
  • 2 IIM Lucknow EIC ()
  • 3 Rahul Soni (Founder)
  • 4 Asha Singh ()

Incubation Details

  • Incubator Name
    IIM Lucknow Enterprise Incubation Centre
  • Incubator Host Institution
    IIM Lucknow
  • State
    Uttar Pradesh
  • City
    Gautam Buddha Nagar

Approved Incentive

Not Available

Year of Establishment2019

Location

State
Uttar Pradesh
Disctrict
Lucknow
Pincode
226013