Intuit announced it has agreed to acquire KDK Softwares India Private Limited, provider of professional tax solutions in India.
Through the acquisition Intuit expects to add more than 20,000 KDK Softwares customers to the Intuit QuickBooks ecosystem and strengthen its position to reach accountants in India. According to KDK Softwares, which provides professional tax computation and e-filing solutions in both desktop and cloud models, its current market base serves one in five practicing chartered accountants in India. The company also has a base of more than 100 channel partners in 60 cities in India.
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