KhataBook

Khatabook is an app that enables SMEs to record and track business transactions.

KhataBook offers features such as sending periodic reminders to creditors on Whatsapp and through SMS and report generation which in turn helps them recover receivables in time and take prompt business decisions.

KhataBook was founded in 2018 by Ravish Naresh, Dhanesh Kumar, Jaideep Poonia, & Ashish Sonone and is based in Bangalore, Karnataka, India.

 

KhataBook's app helps small shopkeepers and Kirana store owners in India manage their accounts by helping them track the money owed to them through the means of a digital ledger.

 

Khatabook has amassed over 10 million monthly active users who are spread across nearly every zip code in the country.

 

KhataBook is backed by GGV Capital, Tribe Capital, DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator, Moore Strategic Ventures, Better Capital, Falcon Edge Capital, and others. The company raised $100M in Series C round on Aug 24, 2021. This brings KhataBook's total funding to $186.5M to date. The new round valued the company at $600M post-money.

 

 

  • Year founded: 2018
  • Funding Info: $186.5M over 4 Rounds of Funding (Last Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $600M as of August 24, 2021
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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