Skip to content

Sources

Sources

Where every figure on this site comes from.

Every figure on this site, with where it comes from and what it does and doesn't show.

Retrieved 21 September 2026.

  1. 01

    Up to 70% less manual work; 60 to 80% of routine accounting work can be automated

    McKinsey & Company, "Bots, algorithms, and the future of the finance function", McKinsey Quarterly, January 2018

    Technologies available today can fully automate 42% of finance activities and mostly automate a further 19%; transactional sub-functions such as general accounting operations reach roughly 75 to 80%. These are estimates of what can be automated, not measured savings.

  2. 02

    Most firms juggle 7 to 12 tools

    Intuit QuickBooks, Accountant Technology Survey 2025 and 2026

    The average firm uses 8 tools (2025) and 10 apps (2026); one in three uses 11 or more, and only 41% say their tools are fully integrated. Survey of US firms.

  3. 03

    1.65 crore GST taxpayers

    Press Information Bureau, "Nine Years of GST", 1 July 2026

    Up from 66.5 lakh in 2017 to 1.65 crore in May 2026.

  4. 04

    7.8 crore+ income tax returns a year

    Income Tax Department, statement of 1 September 2026

    More than 7.8 crore ITRs filed for AY 2026-27 by 31 August 2026.

  5. 05

    8.8 crore+ registered enterprises

    Rajya Sabha, written reply of the Minister of State for MSME, Shobha Karandlaje, reported by KNN India, 20 July 2026

    Over 8.84 crore enterprises on the Udyam Registration Portal and Udyam Assist Portal as of 30 June 2026.

  6. 06

    Nootus is incubated at CIE-IIIT Hyderabad, the largest academic incubator in the country

    Centre for Innovation & Entrepreneurship (CIE), IIIT Hyderabad, "About"

    CIE's own description: it "has since grown to be the largest academic incubator in the country". The same page also calls it one of the largest academic technology incubators in India.