Today in payments around the world, Khatabook is valued at $600 million after a $100 million Series C fundraising round. Plus, Didi Global pulls back on its U.K. launch plans and McDonald’s reshuffles its international leadership team. McDonald’s Names New CMO, Market Leaders Paul Pomroy,...
FinTech Khatabook closed a $100 million funding round led by Tribe Capital and Moore Strategic Ventures that gives the startup a valuation of almost $600 million, according to a Tuesday (Aug. 24) blog post. The oversubscribed Series C also had participation by Alkeon Capital, Capital Group,...
India-based business management app Biz Analyst has been sold to India-based financial technology startup Khatabook for $10 million, VCCircle reported Thursday (March 25). Khatabook Co-founder and CEO Ravish Naresh said the arrangement is “our first strategic acquisition,” reported VCCircle. Mehul Sutariya and Vaibhav Vasa established Biz...
Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The trend is not entirely unexpected and can be attributed to the pandemic, with FinTech funding dropping...
October 01, 2019
Bangalore-based startup Khatabook has raised $25 million in Series A funding from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others, along with more than 20 angel investors, as reported on Tuesday (Oct. 1). The nine-month-old firm aims to help businesses in India digitize their bookkeeping and accept online […]
