Intuit Inc today announced that it has entered into an agreement to acquire Jaipur-based KDK Softwares. The deal size was not disclosed. KDK Softwares provides professional tax solutions in India.

Intuit looks to add a base of over 20,000 of KDK Softwares customers. According to a company release, with its current market base KDK Softwares is serving 1 in 5 practicing chartered accountants in India.

Intuit will also expand its portfolio of offerings to include simplified tax filing for accountants, bookkeepers and their small business clients. KDK Softwares is a provider of professional tax computation and e-filing solutions, both in desktop and cloud models, with a base of over 100 channel partners in over 60 cities in India.

With this acquisition and its integration with the popular worldwide solution Intuit Quick Books, Intuit will be able to offer a solution for accounting, tax computation and e-filing. QuickBooks is used by more than 5 million users worldwide, including 300,000 accountant users.

“Our vision is to become the ecosystem behind the success of Indian small businesses and accountants. By 2020, we want one in four small businesses in India to use Intuit products,” said Nikhil Arora, Vice-President and Managing Director, Intuit India.

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