Khatabook lands $100M funding
Khatabook lands $100M funding
aiidesh
Aug 25, 2021 11:46
384
0
Advanced accounting application Khatabook has brought $100 million up in Series C subsidizing round from financial backers drove by Tribe Capital and Moore Strategic Ventures (MSV), esteeming the organization at $600 million.
Different financial backers who took an interest in the round incorporate Alkeon Capital, B Capital Group, Sequoia Capital, Tencent, RTP Ventures, Unilever Ventures, Better Capital and individual financial backers like Balaji Srinivasan, and Sriram Krishnan.
Operated by Kyte Technologies, the Khatabook app offers a digital ledger to all small business owners in India. It helps to manage books of accounts and it also offers reminders through WhatsApp and SMS for collecting money and making due payments.
For Khatabook India is an important market both from a supply and demand perspective - informed.
