Khatabook valuation crosses $600 Mn valuation after raising $100 Mn
Khatabook valuation crosses $600 Mn valuation after raising $100 Mn: Khatabook , a fintech start-up, has received a $100 million Series C funding, with a valuation now close to $600 million. The round was led by US-based VC firms Tribe Capital and Moore Strategic Ventures (MSV) . Ravish Naresh, CEO, and co-founder, Khatabook said, the first phase of our journey was enabling digital transformation by building a tech ecosystem for Indian MSMEs . He further said that, we have created a widely accepted digital platform, the next step will be digitally-enabled financial services for small businesses. Other investors in this oversubscribed series C round were Alkeon Capital, with continued investment participation from internal investors B Capital Group, Sequoia Capital, Tencent, RTP Global, Unilever Ventures, and Better Capital. In addition, top Silicon Valley investors Balaji Srinivasan, Sriram Krishnan participated as independent investors among oth...