Khatabook
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Khatabook

https://khatabook.com/
Last activity: 05.06.2024
Active
Categories: AppBusinessFinTechHouseholdITManagementOnlineSaaSServiceTime
Founded in January 2019, Khatabook is the world's fastest-growing Saas company. It has become India's leading business management app for MSMEs with 13 languages & 50M+ downloads in a remarkably short period of time. Founded by four IIT-Bombay grads, Khatabook is led by Ravish Naresh, Co-founder, and COO at Housing.com, one of India’s most significant property listing websites. Khatabook enables micro, small and medium merchants to track business transactions safely and securely. It also offers features such as online payment collection through UPI and QR; sending periodic reminders to creditors via messages and report generation. Thanks to this and more.

Our latest feature is an automated bot call reminder feature known as Interactive Voice Response. This is a first of it's kind feature that simplifies merchants' credit collection and allows them to better function in the MSME Business Sector. It's one of the many examples of how our tech acts as an equalizer of opportunity.

Today, Khatabook has become a household name. Merchants are using the app extensively while adding $200 Million worth of transactions every day. The high-engagement has resulted in more than 25% of the total active merchants joining the platform through word-of-mouth and referrals. Our users recovered billions stuck in credit in six months, significantly impacting India’s MSME sector. We also recently closed a $60 Million Series C Round (after a $25 Million Series A round in 2019 and Series B Round soon after) and are backed by the top investors in the business.

As a team that is working round the clock to make our users’ experience better, we are the best fit for professionals who are dedicated towards putting their best foot forward and are open to learning and growing together. Our focus is and always will be catering to a digital Bharat. We are an employee-first, progressive and innovation centered organization looking for fresh talent that can take us to greater heights.
Followers
7.59K
Followers
49.74K
Website visits
3M /mo.
Mentions
28
Location: India, Karnataka, Bengaluru
Employees: 51-200
Phone: +91 96068 00800
Total raised: $185M
Founded date: 2018

Investors 15

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Funding Rounds 3

DateSeriesAmountInvestors
06.10.2021Series C$100M-
21.05.2020-$60MB Capital ...
30.09.2019-$25M-

Mentions in press and media 28

DateTitleDescription
05.06.2024Turkey Fintech: Sipay Raises $15 Million Series ASipay, a company that claims to be the fastest-growing Fintech in Turkey, is reporting a $15 million Series A funding round. Sipay states that investors participating in the round include Jitendra Gupta of Citrus Pay and Jupiter, Amrish Rau...
26.05.2024BharatPe, PhonePe settle all trademark disputes over ‘Pe’ suffixFintech firms BharatPe and PhonePe today jointly announced that they have amicably settled all long-standing legal disputes pertaining to the usage of the trademark with the suffix ‘Pe’. Both companies had been involved in long-drawn legal ...
02.05.2024Exclusive: No-code platform Plotline bags seed to make data-driven, dynamic appsAs enterprises race to drive customer engagement to boost revenues, Plotline, a young startup from California, is solving the challenge with another approach: data-driven dynamic app experiences. The company today announced $2.6 million in ...
30.04.2024French Digital Payments Major Worldline’s India Arm Gets Payment Aggregator LicenceSUMMARY With this, the company will now be able to acquire merchants and deliver digital payment acceptance solutions in the country Worldline forayed into India in 2017 with the acquisition of Chennai-based payments platform MRL PosNet for...
30.04.2024Groww receives RBI approval to operate as payment aggregatorFintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment aggregator. The firm has joined several fintechs which recently received similar approval from the central bank. RBI has granted the licence ...
16.04.2024Mahendra Singh Dhoni Ventures into the EV Space: Invests in EMotorad Dhoni has invested in a number of businesses over the years, including the fitness startup Tagda Raho, the drone startup Garuda Aer...-
09.11.2021Khatabook shuts down its e-comm enablement product MyStoreDigital bookkeeping app Khatabook is shutting down MyStore, its e-commerce enablement product. Besides bookkeeping, the app was one of the core products of the Sequoia-backed company and had even raised funds to expand it. “Thank you for be...
06.10.2021Fintech startup Khatabook's valuation tops $600 mn after raising $100 mnKhatabook, a leading fintech start-up, has closed a $100 million Series C funding round, with a valuation now close to $600 million. The round was led by US-based VC firms Tribe Capital and Moore Strategic Ventures (MSV). Other investors in...
24.08.2021Why the end of Katerra doesn’t mean the end of construction tech investingThis is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. The high profile death of Katerra, a construction tech startup that aimed to slice and dice the c...
24.08.2021Why the end of Katerra doesn’t mean the end of construction tech investingThis is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Takeda’s CEO on taking the Fortune Global 500 company into the future From Takeda Th...
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