# KhataBook.Inc

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/khatabook-inc

- Industry: Financial Services
- Headquarters: Bengaluru, India
- Website: www.khatabook.com
- Total disclosed funding: $185M
- Latest round: Series C (Aug 24, 2021)
- Investors on record: 18

## About

Based in Bengaluru, India, and founded in 2018 by Ashish Sonone, Dhanesh Kumar, Jaideep Poonia, Ravish Naresh, and Vaibhav Kalpe.ADJ Utility Apps Private Limited, trading under the name Khatabook, provides a mobile application that enables businesses to manage their data payments and transactions. The firm raised total funding of USD 185 million as of August 2021 from backers, including Sequoia Capital, DST Global, Tribe Capital, Alkeon Capital, and others. Khatabook operates as a software-as-a-service company that provides financial solutions to micro, small, and medium-sized businesses to increase efficiency and reduce costs through safe and secure operations. The firm's mobile application features automatic payment reminders to their customers in different languages and generates a record databook for each transaction. Khatabook plans to use its Series C funding in August 2021 to launch financial services offerings for its merchant partners and to strengthen its talent base to accelerate hiring across engineering, product, design, analytics, and data science functions.

## Funding rounds

- Series C, Aug 24, 2021, $100M — Hong Shan, Unilever Ventures, Andreessen Horowitz, Better Capital, Alkeon Capital Management, Tencent Investment, RTP Global, B Capital, Gaingels, Tribe Capital, Moore Strategic Ventures
- Series B, May 20, 2020, $60M — Unilever Ventures, Granite Asia, Hummingbird Ventures, Better Capital, Tencent Investment, DST Global, Alpha Wave Global, RTP Global, B Capital, Rocketship.vc
- Series A, Oct 1, 2019, $25M — Hong Shan, Granite Asia, IDG Ventures Vietnam, Tencent Investment, DST Global, Y Combinator, RTP Global

## Investors

- Hong Shan — Series A, Series C
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series A, Series B
- IDG Ventures Vietnam (https://capitalatlas.ai/funds/idg-ventures-vietnam) — Series A
- Tencent Investment — Series A, Series B, Series C
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A, Series B, Series C
- Unilever Ventures (https://capitalatlas.ai/funds/unilever-ventures) — Series B, Series C
- Hummingbird Ventures (https://capitalatlas.ai/funds/hummingbird-ventures) — Series B
- Better Capital — Series B, Series C
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series B
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series B, Series C
- Rocketship.vc (https://capitalatlas.ai/funds/rocketship-vc) — Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series C
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series C
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series C