B Capital leads $60m Series B funding in Indian fintech startup Khatabook

India. Photo by Elle on Unsplash

Khatabook, a digital ledger app that helps micro, small and medium-sized businesses track business transactions, has closed a 454 crore ($60 Million) Series B round of funding led by B Capital Group.

The latest funding will allow Khatabook to ramp up its products and services for Indian merchants. Last year, the startup secured $25 million in Series A funding from Partners of DST Global, GGV Capital, Sequoia India, Tencent, and others. In March this year, former India Cricket captain, Mahendra Singh Dhoni, invested an undisclosed amount in the company.

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