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Flobiz Raises $31 Million In Series B From Sequoia Capital India, Others

Sep 20, 2021•almost 4 years ago

Amount Raised

$31 Million

Round Type

series b

DelhiFinancial ServicesSoftware

Description

New Delhi: FloBiz, a startup that helps digitise small and medium businesses, has raised $31 million in Series B round led by Sequoia Capital India, Think Investments and its existing investors Elevation Capital and Beenext.

Company Information

Company

Flo Biz

Location

Delhi, Delhi, India

About

FloBiz offers affordable and simple to use GST billing, accounting and inventory management tools for growing small & medium businesses in India.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech