Indian digital ledger startup raises $60m to expand offerings

Khatabook counts Tencent, Unilever Ventures as investors

20200521 khatabook

Khatabook has raised about $60 million in the Series B round led by American investment firm B Capital Group. 

MOULISHREE SRIVASTAVA, KrASIA

BENGALURU, INDIA -- Bengaluru-based digital ledger startup Khatabook has raised around $60 million in a Series B fundraising round, money that the company said it would use to ramp up product and service offerings.

The latest fundraising was led by American investment firm B Capital Group and brought in new investors such as Unilever Ventures and Rocketship.VC. Existing investors Sequoia Capital India, Partners of DST Global, Tencent Holdings, GGV Capital, RTP Global, Hummingbird Ventures, and Falcon Edge Capital also participated.

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