Intuit India Acquires Jaipur Based KDK Software

Intuit India has acquired Jaipur based KDK Software, a company that provides cost-effective software solutions to tax professionals and SMEs in the country. KDK has about 20k customers & serves 1 in 5 practicing chartered accountants in India, which gives Intuit the needed warchest to take on the competitors like Tally. Looks like Intuit wants to invade the Indian market now. Link

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