Regulatory compliance enabler IndiaFilings raises $4.3-M from Beenext, others

Chennai-based IndiaFilings.com, which helps businesses and individuals with compliance and regulatory services, has raised USD 4.3 million from BeeNext, Udtara and a few angels. The funds will be used to give returns to the family members who had originally invested. The firm claims to operate with over 500 employees with a customer-base of 1 lakh. IndiaFilings provides over 200 services for small businesses to help them stay compliant and manage their regulatory requirements at affordable prices.