People Digest: Khatabook founder invests in BukuWarung; Moglix appoints ex-Microsoft exec as board advisor

Neelam Dhawan, a board advisor at Moglix

Indian’s Khatabook co-founder and CEO Ravish Naresh has joined as an angel investor in the Indonesian accounting platform BukuWarung while B2B commerce startup Moglix has named Neelam Dhawan, former managing director of Microsoft India, as a board advisor. 

Khatabook founder invests in BukuWarung

Indian’s Khatabook co-founder and CEO Ravish Naresh come on board as an angel investor in Indonesian accounting platform BukuWarung, co-founder Chinmay Chauhan posted in his LinkedIn account. 

BukuWarung and Khatabook have a similarity in the business model. Both provide financial solutions for small-medium businesses by recording financial transactions digitally and accepting payment online with an app.  

BukuWarung was founded in 2019 by Chinmay Chauhan and Abhinay Peddisetty, who previously worked at Carousell together.  To date, more than 3.5 million merchants have joined BukuWarung from tier 2 and 3 locations. 

The startup recently raised funding from Rocketship.vc, and early backers of global fintech players Adyen, Nubank, Revolut, and an Indonesian retail giant. Rocketship.vc, a Silicon Valley-based global investor, which is also a backer in Khatabook, an Indian market leader in the digital bookkeeping space. 

BukuWarung is backed by Y-Combinator, Quona Capital, East Ventures, AC Ventures, DST Global Partners, Golden Gate Ventures, and Tanglin Venture Partners. Other angel investors include Michael Sampoerna, Plaid co-founder William Hockey, Snapdeal founders as well as strategic angels from Grab, Gojek, Stripe, Modalku, Xendit, Airbnb, Carousell, and Rapyd. 

Moglix appoints ex-Microsoft exec as a board advisor

B2B commerce startup Moglix has named Neelam Dhawan, former managing director at Microsoft India, as a board advisor, The Economic Times reported.

In this new role, she will support Moglix to reimagine B2B commerce and supply chain at scale globally.

Before joining Moglix, Dhawan has worked at Hewlett Packard Enterprise and Microsoft, IBM and HCl, among other companies.

Currently, she is a supervisory board member at Royal Philips, Netherlands, and non-executive director at ICICI Bank India, Skylo Technologies, Capita PLC, and Yatra Online.

Founded in 2015, Moglix is an e-commerce platform for industrial tools and equipment. The company is engaged in marketing industrial supplies.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.