Ybanq
Latest round
- Seed
Last raised
- Dec 2020
Total raised
- Undisclosed
Investors
- 1
About Ybanq
Based in Karnataka, India, and founded in 2019, Procureli India Private Limited doing business as Ybang operates as a technology-based finance company that offers a platform that helps businesses to collect, reconcile and manage products. The company was founded by Abhishek Ayyagari, Ganesh Mallya, and Ahamed Shah Wahidullah. In July 2021, Defmacro Software Private Limited, a portfolio company of Alua Capital Management, Composite Capital Management, and Elevation Capital acquired Ybanq from Y Combinator. The firm offers a fintech platform that helps business to manage their business by offering simplified collection and reconciliation, automated booking, easy reminders, and instant installments. The firm helps its clients by allowing them to operate from a single platform and not opening multiple bank accounts and lets clients’ customer pay from their bank or phonePe and google pay directly. It also provides automated bookkeeping which lets clients have a glance at their dues and collections.
Who invested in Ybanq
1 investor across 1 round
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Funding rounds
Seed
Dec 1, 2020
Amount
Undisclosed
Investors
Questions about Ybanq
Who invested in Ybanq?
Ybanq has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ybanq raised?
Ybanq has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ybanq last raise money?
Ybanq's most recent round on record is a Seed, in Dec 2020.
What does Ybanq do?
Based in Karnataka, India, and founded in 2019, Procureli India Private Limited doing business as Ybang operates as a technology-based finance company that offers a platform that helps businesses to collect, reconcile and manage products.
Where is Ybanq headquartered?
Ybanq is headquartered in Bangalore, India.
Which VCs invest in companies like Ybanq?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Ybanq's stage. Their profiles are linked below.
VCs backing software startups at Seed
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