Khatabook Gets $100-Million Funding, Announces Esop Buyback
08/24/21, 6:00 AM
Location
Mumbai: Digital bookkeeping app, Khatabook said it has raised $100 million in Series C funding round from investors led by Tribe Capital and Moore Strategic Ventures (MSV). The funding round now values the company at $600 million, the company said in a release.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The funding round now values the company at $600 million, the company said in a release. The company said that the eligible employees will be able to sell as much as 30% of their vested options. Founded in 2018 by Ashish Sonone, Dhanesh Kumar, Vaibhav Kalpe, Jaideep Poonia, and Ravish Naresh, Khatabook grew over 150% year on year or Y-O-Y for the financial year ending March 31, 2021, the company claims. Read Now Currently, Khatabook, across all its software products, has over 10 million monthly active users.