Fintech Startup Khatabook raised $60 million from B Capital & Others

Khatabook raised $60 million in Series B led by Facebook co-founder Eduardo Saverin’s B Capital, including Sequoia India, Partners of DST Global, Tencent, GGV Capital, RTP Global, Hummingbird Ventures, Falcon Edge Capital,, Unilever Ventures and Facebook’s Kevin Weil, Calm’s Alexander Will, CRED’s Kunal Shah & Snapdeal co-founders Kunal Bahl , Rohit Bansal.

Khatabook helps small businesses to record financial transactions digitally & accept payments online with an app

Claims to have more than 8 million merchants from over 700 districts, and will now deploy the new capital to expand the size of its technology team as it looks to build more products. One such product could be online lending for these merchants, co-founder and chief executive Ravish Naresh said

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