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Founders

Three Chartered Accountants Started RegisterKaro in a Koramangala Flat During COVID. It Just Crossed Rs 100 Crore in ARR.

What began as 16-hour WhatsApp shifts helping panicked founders file compliance paperwork has grown into a 500-member legaltech platform incorporating

By Ravi Tiwari28 June 2026 at 08:24 pm4 min read
Three Chartered Accountants Started RegisterKaro in a Koramangala Flat During COVID. It Just Crossed Rs 100 Crore in ARR.

What began as 16-hour WhatsApp shifts helping panicked founders file compliance paperwork has grown into a 500-member legaltech platform incorporating 2,500 companies every month

In April 2021, India was deep into its second COVID wave and three chartered accountants were fielding calls around the clock. Joel Lester D’Souza, Srihari R Dhondalay, and Sidharth Ravichandran kept hearing the same thing from small business owners: missed deadlines, penalty notices, accountants who had gone unreachable, and first-time founders who did not even know what needed to be filed. It looked like a pandemic problem. The three of them recognised it as something older and more structural than that.

The Early Days

In September 2021, they obtained a two-bedroom flat in Koramangala which they made into their office. They set out deliberately small in the beginning (ie: corporation/private limited/LLP/OPC) without any external salespeople for the first year – just three chartered accountants talked directly to clients during this time until the group grew to 20 by the end of year one.

The Move That Changed the Scale

By relocating from Bengaluru to Gurugram (April 2023), RegisterKaro now had a larger scale presence due to the density of micro, small and medium enterprises (MSMEs) and new company incorporations in the Delhi-NCR region. The move represented a key game-changing point; in addition to starting out as incorporation services provided an array of new services such as: GST registration/tax identification number (Tan)/trademarks/copyright/patent applications/services related ITR filing/accounting/bookkeeping etc.. They opened up an international office (May 2024) located in Dubai targeting Indian entrepreneurs seeking to expand overseas along with targeting foreign entrepreneurs looking to incorporate within India.

Technology as the Growth Engine

As a result of investing significantly into technology production from 2024 until 2025, RegisterKaro created an online client portal allowing clients to view their accounts with real-time updates via app; used encryption security for all documents shared; developed artificial intelligence voice agent capabilities where clients could ask questions about their accounts via phone; created automation system to enhance client services; employed machine learning based document validation for improved quality control of all documents related to client accounts (which allowed the company to double its customer base) by exceeding ₹100 crores in annual recurring revenue (ARR) for 2026.

To date, they have created over 50000 incorporated companies with an average rating of 4.6 stars across 8000+ Google reviews. In addition, since more than 20,000 new companies are registered in India on average per month-therefore, the founders believe compliance will no longer be considered a niche service but instead viewed as one element of infrastructure.

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