Karbon Business has introduced AiAccountant, a full-stack AI accounting platform aimed at helping India’s 64 million small and medium enterprises access real-time financial infrastructure traditionally available only to large enterprises with dedicated finance teams and ERP systems.
The Bengaluru-based fintech company stated that the launch comes amid growing global investment in AI-led accounting and finance platforms. According to the company, the global accounting software market is undergoing transformation as enterprises increasingly adopt AI-driven financial automation solutions.
AiAccountant has been designed to operate in two modes depending on business requirements. For founders without dedicated finance teams, the platform manages bookkeeping, GST and tax filings, and provides a conversational dashboard that enables users to ask financial queries in natural language and receive real-time responses.
For businesses with existing finance teams, the platform functions as an automation layer that reduces manual data entry, transaction categorisation, and reconciliation work, allowing finance professionals to focus on strategic functions.
Karbon Business stated that the platform’s AI models have been trained on more than 30 crore transactions from over 3,000 businesses previously served by the company. The company added that this enables the platform to support fuzzy matching and context-aware transaction classification, particularly in sectors such as manufacturing and retail where transaction formats are often non-standardised.
The company also highlighted that the platform has been built with enterprise-grade data security architecture to safeguard confidential financial information.
Commenting on the launch, Bhagath G, Co-founder, Karbon Business, said, “We are not building a better accounting tool. We are dismantling a 30-year inequality. Enterprises have always had the infrastructure to see their finances clearly, move fast, and make smart decisions.”
He further added, “India’s 64 million SMEs have been flying blind, not because they are small, but because no one built the stack for them. AiAccountant changes that.”
According to Karbon Business, AiAccountant currently serves more than 500 paying customers and has recorded 50 per cent month-on-month growth since Q4 2025.
The company stated that India’s accounting services market, currently valued at USD 25.8 billion, is projected to reach USD 65 billion by 2033 at a CAGR of 10 per cent. AiAccountant is focused on businesses that have historically remained underserved by full-service financial infrastructure solutions.
Founded in 2019 and backed by Y Combinator, Karbon Business provides AI-powered accounting and financial operations solutions for SMBs, founders, and chartered accounting firms across India.
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