Great Interview with Vishvajit Sonagara Founder at Quicko.com

“Paying expense is a right as opposed to a liability.”

Quicko.com is an Indian fintech company that provides a range of online tax-related services to individuals and businesses. The company’s services include income tax filing, GST registration and return filing, TDS filing, and other compliance-related services.  Quicko.com uses advanced technology and automation to simplify the tax-filing process and offer hassle-free solutions to its customers. The company was founded in 2015 and is headquartered in Mumbai, India. It has a team of tax experts, chartered accountants, and software engineers who work together to provide efficient and reliable tax solutions.  Quicko.com is committed to making tax compliance easy and accessible for everyone. After working at Wall Street banks for close to a decade, one day you think of coming back to India, with the sole intention of capitalizing on the booming technology sector.  This is the story behind the successful career of Vishvajit Sonagara. He is an avid technologist and has served in technical leadership positions at Fidelity Investments and Deutsche Bank. During his work years at Fidelity Investments and Deutsche Bank, he realized there is a huge need and potential to bring 21st-century personal finances to Indian consumers. This is when the idea came to his mind to head back to his home country and build something exquisite. As a graduate in computer science, he was already in sync with the technology sector, which gave him ample credence for his first startup, Quicko.com. The platform provides ITR-1 filing software to Indian taxpayers for free, guarantees 100% accuracy and privacy, maximum refund, expert advice, and updates on changes in tax laws. According to him, filing taxes is one of the vital aspects for any person, but the current mechanism in place has made the whole process highly cumbersome. This was the sole reason behind the launch of his company. Vishvajit is considered one of the most energetic, upbeat people to work with. His ingenuity and vigor to build revolutionary products have led him to the startup arena. Quicko.com Quicko.com Spire Founders-Can you tell us a little bit about your background and how you got into the world of finance and taxation? Vishvajit Sonagara- I studied Chartered Accountancy and started my career in the audit department of PwC. During my time there, I realized the potential of the Indian tax market and decided to start my own venture to cater to the tax needs of individuals and businesses. Spire Founders-What inspired you to start Quicko.com? Vishvajit Sonagara-I observed that there was a lack of accessible and affordable tax services in India, especially for individuals and small businesses. Quicko.com was born out of the need to provide people with a simple and reliable platform to handle their tax-related needs. Spire Founders-What sets Quicko.com apart from other tax filing and compliance services? Vishvajit Sonagara- Quicko.com focuses on providing a seamless and user-friendly experience to its customers. We have simplified complex tax processes and provide extensive support to our clients through various communication channels. Spire Founders-How has the pandemic affected Quicko.com, and how have you adapted to the changing landscape? Vishvajit Sonagara- The pandemic has accelerated the shift towards digitization and online services. Quicko.com has been well-equipped to handle this shift, as we were already a digital-first platform. We have scaled up our operations and invested in technology to ensure that we continue to meet the growing demand for our services. Spire Founders-What are some of the biggest challenges you face in the Indian tax market, and how do you overcome them? Vishvajit Sonagara- The Indian tax market is constantly evolving, and it can be challenging to keep up with the changes. At Quicko.com, we make it a point to stay up-to-date with the latest developments and provide our clients with the most accurate and relevant information. Spire Founders-What are some of the biggest misconceptions people have about taxes in India, and how do you educate your clients about them? Vishvajit Sonagara- Many people in India believe that filing taxes is a tedious and complicated process. At Quicko.com, we have created a simple and intuitive platform that helps people file their taxes quickly and easily. We also provide our clients with a wealth of resources, including articles, videos, and webinars, to help them better understand the tax process. Spire Founders-What advice do you have for individuals and businesses who want to be more tax-efficient? Vishvajit Sonagara- It’s important to keep accurate records and stay up-to-date with the latest tax laws and regulations. At Quicko.com, we offer a variety of tax planning and optimization services that can help individuals and businesses save money and stay compliant. Spire Founders-How do you see the Indian tax market evolving in the coming years, and how is Quicko.com preparing for these changes? Vishvajit Sonagara- The Indian tax market is becoming more complex, and we expect to see more changes in the coming years. Quicko.com is well-positioned to handle these changes, as we are constantly innovating and investing in our technology and infrastructure to better serve our clients. Spire Founders-What qualities do you look for in a candidate when hiring for Quicko.com? Vishvajit Sonagara- We look for candidates who are passionate about their work and have a strong desire to learn and grow. We also value individuals who are collaborative, resourceful, and have a customer-first mindset. Spire Founders-What are your long-term goals for Quicko.com, and how do you plan to achieve them? Vishvajit Sonagara- Our long-term goal is to become the go-to platform for all tax-related services in India. We plan to achieve this by continuing to innovate and invest in our technology, expanding our product offerings, and providing exceptional customer service. LinkedIn Quicko.com

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