Chqbook
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $10M
Investors
- 5
About Chqbook
Chqbook is a financial services company based in India, specializing in providing tailored banking solutions for small and medium enterprises.Founded in 2017 and headquartered in Gurugram, India, Chqbook operates as a financial services provider for small and medium enterprises. The company was established by Mohit Goel, Rajat Kumar, and Vipul Sharma, with Vipul Sharma serving as the CEO.Chqbook offers a comprehensive suite of financial services tailored specifically for small and medium enterprises (SMEs) in India. Their core offerings include a Zero Balance Current Account, Chqbook Vyapaar Business Loans, and various insurance products covering health, motor, life, and shop insurance. The current account facilitates seamless banking without the burden of minimum balance requirements, appealing to the cash flow dynamics of small businesses. Additionally, the platform features Chqbook Khata, simplifying credit and debit tracking for businesses while enabling suppliers to manage orders efficiently.8. The company generates revenue through a multifaceted transaction structure, focusing on financial service fees and interest income from its lending products. Chqbook Vyapaar Business Loans generate interest based on the loan amounts disbursed to SMEs, establishing a consistent revenue stream linked to the growth and financial health of its clients.Chqbook is actively seeking to expand its product offerings and geographical reach. The company plans to introduce new financial products tailored to emerging market needs. Additionally, it aims to extend its services into new regions, with specific targets identified for expansion over the next two years.
Who invested in Chqbook
5 investors across 2 rounds
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Questions about Chqbook
Who invested in Chqbook?
Chqbook has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Chqbook raised?
Chqbook has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Chqbook last raise money?
Chqbook's most recent round on record is a Series A, in Oct 2021.
What does Chqbook do?
Chqbook is a financial services company based in India, specializing in providing tailored banking solutions for small and medium enterprises.
Where is Chqbook headquartered?
Chqbook is headquartered in Gurugram, India.
Which VCs invest in companies like Chqbook?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Chqbook's stage. Their profiles are linked below.
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