Khatabook Raises $25M in Series A to Empower India's MSMEs and Drive Digital Bharat Revolution

Khatabook, founded in 2019 by IIT-Bombay alumni, has once again made headlines by raising $25,000,000 to further fuel its mission of empowering India’s MSMEs. As India's leading business management app boasting over 50 million downloads in 13 languages, Khatabook is revolutionizing the way micro, small, and medium merchants handle their day-to-day operations. This new funding will be strategically utilized to enhance Khatabook’s suite of innovative solutions, ranging from seamless transaction tracking and automated reminders to advanced features like Interactive Voice Response (IVR) for streamlined credit collection. By focusing on tech-driven approaches, Khatabook continues to simplify and modernize the financial operations of small businesses, enabling them to manage over $200 million in daily transactions while simultaneously recovering billions in overdue credits. The fresh capital injection is set to accelerate the development of additional tools and services, including an expanded, hassle-free business loan offering. These loans, designed to match the unique requirements of MSMEs, leverage transactional data to deliver fast, transparent, and efficient access to much-needed working capital. With this step, Khatabook is not just providing a service but is actively creating an ecosystem where entrepreneurship can thrive. The company’s commitment to a digital Bharat, employee-first culture, and continuous innovation underlines its dedication towards making financial management a simpler and more accessible aspect of everyday business. This major funding milestone not only signifies investor confidence but also a pivotal moment in Khatabook’s journey to transform the landscape of business operations in India, assuring both merchants and stakeholders of its robust vision for the future.