![Khatabook](https://parsers.vc/logo/17e2cad4-c937-4f8a-a31e-4710a764200d-4.jpg)
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.
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.
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
Date | Series | Amount | Investors |
06.10.2021 | Series C | $100M | - |
21.05.2020 | - | $60M | B Capital ... |
30.09.2019 | - | $25M | - |
Mentions in press and media 28
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09.11.2021 | Khatabook shuts down its e-comm enablement product MyStore | Digital 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... |
06.10.2021 | Fintech startup Khatabook's valuation tops $600 mn after raising $100 mn | Khatabook, 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... |
24.08.2021 | Why the end of Katerra doesn’t mean the end of construction tech investing | This 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... |
24.08.2021 | Why the end of Katerra doesn’t mean the end of construction tech investing | This 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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