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Khatabook
Khatabook
khatabook.com

Locations

Bangalore Urban, Karnataka, India · Bengaluru, Karnataka, India

industry

Finance

Size

201-1000 employees

Stage

Series C+

founded in

2018

Founded in January 2019, Khatabook is the world's fastest-growing SaaS company. It has become India's leading business management app for MSMEs with 13 languages and 50M+ downloads in a remarkably short period of time. Founded by four IIT-Bombay alumni, Khatabook is led by Ravish Naresh, Co-founder and COO of Housing.com, along with Dhanesh Kumar, Ashish Sonone, and Jaideep Poonia. Khatabook enables micro, small, and medium merchants to track business transactions safely and securely. It also offers features such as online payment collection through UPI and QR, sending periodic reminders to creditors via messages, and report generation. Our latest feature is an automated bot call reminder feature known as Interactive Voice Response. This is a first-of-its-kind feature that simplifies merchants' credit collection and allows them to better function in the MSME business sector. It's one of the many examples of how our tech acts as an equalizer of opportunity. Today, Khatabook has become a household name. Merchants are using the app extensively while adding $200 million worth of transactions every day. The high engagement has resulted in more than 25% of the total active merchants joining the platform through word-of-mouth and referrals. Our users recovered billions stuck in credit in six months, significantly impacting India’s MSME sector. We also recently closed a $60 million Series C round (after a $25 million Series A round in 2019 and Series B round soon after) and are backed by the top investors in the business. As a team that is working round the clock to make our users’ experience better, we are the best fit for professionals who are dedicated to putting their best foot forward and are open to learning and growing together. Our focus is and always will be catering to a digital Bharat. We are an employee-first, progressive, and innovation-centered organization looking for fresh talent that can take us to greater heights.

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