BeyondSquare Solutions Pvt Ltd., the Bengaluru-based IT product enterprise behind the flagship product FinAlyzer, today announced that it has raised USD 4 Million as Series A funding from Avant Global Corporation. The investment will be executed in three stages, beginning with the issuance of new and convertible shares, followed by additional subscriptions from existing shareholders, and ultimately, the conversion of warrants upon achieving defined performance milestones. This capital infusion not only validates BeyondSquare’s business model but also positions the company for accelerated growth in global markets.

Founded by Karthik Ganeshan, Venkatachalam PK, and Dr. Rangan Varadan, BeyondSquare Solutions built FinAlyzer — a fully India-developed financial consolidation and reporting solution that automates close, consolidation, and compliance, bringing global-class accuracy and transparency to CFOs.. With its ability to integrate seamlessly with diverse ERP and accounting systems, FinAlyzer delivers real-time insights, strengthens governance and reduces operational risks for Finance teams.

Market Opportunity

The market opportunity for financial consolidation and reporting platforms is expanding rapidly. According to Credence Research, the global financial consolidation software segment is projected to double from USD 3.2 billion in 2024 to USD 6.4 billion by 2032, at a CAGR of around 11–11.4%. Tapping into this growing demand, FinAlyzer, which is already trusted by over 100 enterprises across 25+ industries in more than 45 countries, including several Fortune 500 India companies and Fortune 2000 global enterprises, aspires to extend its international footprint, particularly in the Middle East, Europe and South East Asia,, while continuing to build leadership and technical talent within its 40-member team.

Use of Funds

With the fresh infusion of funds, BeyondSquare Solutions plans to strengthen FinAlyzer’s core capabilities by expanding automation, deepening compliance intelligence, and enhancing scalability for enterprises with complex reporting structures. The goal is to establish FinAlyzer as the platform of choice for finance leaders worldwide, without compromising on the trust and responsiveness its customers rely on today.

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Speaking on the announcement, Venkatachalam PK, Co-founder & CEO, BeyondSquare Solutions, added: “From the outset, our ambition at FinAlyzer has been bold — to transform the way enterprises approach financial reporting and consolidation by making it real-time, autonomous, and insight-driven. With Avant’s investment, we are not just strengthening our platform; we are accelerating our journey toward shaping the future of finance. This partnership opens new possibilities — deeper innovation, global market expansion, and the ability to empower more finance teams to lead with agility, governance, and foresight. Our mission remains constant: to turn complexity into clarity, so finance leaders can focus on driving value and making informed decisions at the speed of business.”

On the investor side, Gen Nagata, CEO of Diva Corporation and Group Chief Business Officer, Avant Global Corporation, said, “Avant Group has always believed that true growth comes from innovation and collaboration. This partnership reflects our commitment to innovation and our Be Global vision—bringing together the strengths of diverse teams to create solutions that are relevant not only in Japan, but across the world. We look forward to shaping the future of financial governance together.”

Karthik Ganeshan, Co-Founder & Chief Customer Officer of BeyondSquare Solutions, said, “This investment is more than capital—it’s a powerful vote of confidence in our mission and the future we’re building. Avant brings a global lens and deep expertise in financial consolidation and reporting automation, amplifying our ability to deliver unparalleled value to finance teams. Together, we’re poised to make FinAlyzer an even stronger strategic partner for CFOs and controllers worldwide. Our vision is unchanged; our capacity to execute has dramatically expanded.”

Echoing this sentiment, Surendra Sharma, CEO of DivaCygnet and Managing Director, Global Business, Avant Group Corporation, commented, “At Avant Group, our philosophy has always been to Be Global—to think beyond borders and build partnerships that create impact at scale. This collaboration is a step in that direction. By combining Avant and Beyond Square's strengths, we aim to deliver solutions that raise the bar for governance, transparency, and sustainable growth worldwide.”