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New Deal


Announced

Completed

Tribe Capital and Moore Strategic Ventures led a $100m Series C round in Khatabook.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private Equity

Management Consulting

financial services

accounting platform

accounting services

India

Completed

Single Bidder

Acquisition

Venture Capital

Private

Minority

Friendly

Synopsis

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Venture capital firms Tribe Capital and Moore Strategic Ventures led a $100m Series C round in Khatabook, a fintech startup that provides a digital ledger app targeted primarily at small businesses. Other investors include Alkeon Capital, B Capital Group, Sequoia Capital, Tencent, RTP Ventures, Unilever Ventures and Better Capital. "Khatabook has successfully built such a network by empowering this seismic shift among MSME businesses to move from paper to digital, literally," Arjun Sethi, Tribe Capital Co-Founder and Partner.

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