As an erstwhile Commander in the Navy and Assoc when DV Commander, Premier Anil Prem DSouza has given Simpliance Technologies to Aparajita for INR 28 crores. One time Quess Corporation’s platform and IP was completely owned by them i.e. they had a 52% share. Now winding up, the ex-Cleantech business owner DSouza ponders waste disposal industries and addresses real estate troubles.
Simpliance is a digital India’s digital platform for labor regulation, where acts, rules, government notifications, and minimum trusts are put together.
Simpliance delivers the tool-based governance, risk management, and compliance services that companies from all size categories, from small- and mid-scale to high-tech corporations, would enjoy. The implementation of GRC solutions brings about the risk management, regulatory compliance, and audit software, all of which all lead to the upsurge of corporate performance. Simpliance not only provides the Indian customers with the digital experience of the world’s largest platform of automated statutory compliance management, which is designed for the enterprises to catch up with the pace of Indian labor laws implementation but also all of the services listed above
After leaving sick Nav Commander Anil Prem DSouza his investment firm Cbensol and co-founder Hansa Sharma left Simpliance Technologies which is a tech firm from Bengaluru that processes labor compliances for business They completely closed the stake, where they sold all the goods to Aparajita for an amount of Rs 28 crore.
Simpliance, the DSouza led startup, started its journey in the year 2015 and Ques Corp. had a business service company that owned a 52% share then. Quess sold whole its divestment stake in Simpliance to Aparajitha Corp., an enterprise-class compliance ecosystem to around business, in October 2022.
According to the Economic Times, regarding his post-exit plans, DSouza stated, “I intend to explore prospects in the fast increasing waste management industry, as well as tackle difficulties ailing the real estate market. My goal is to continue resolving major issues that affect businesses and individuals across the country.”
He bootstrapped his startup after recognizing a business opportunity in supporting startups and corporations with their regular filings with labor authorities. Indian businesses must comply with a slew of state-specific labor requirements.
When D’Souza launched his software seven years ago, he stated that his startup’s business philosophy was not to scare customers but to demonstrate how the entire procedure could be completed in a few seconds.
