Bengaluru-based compliance ERP provider Clonect Solutions has raised $1 million in seed funding led by former Infosys honchos T V Mohandas Pai and V Balakrishnan and other angel investors. Clonect, which operates in the enterprise governance, risk management and compliance management solutions space, has rolled out GSTStar, a comprehensive suite of solutions that offers registration, returns and reconciliation of taxes.

(Times of India)