Khatabook raised $100 mn led by Tribe Capital and Moore Strategic Ventures

Fintech startup Khatabook has raised $100 million in a Series C funding round led by US-based Tribe Capital and Moore Strategic Ventures (MSV).
Dollar spending on technologyOther investors in the Series C round are Alkeon Capital, with continued investment participation from internal investors B Capital Group, Sequoia Capital, Tencent, RTP Ventures, Unilever Ventures, and Better Capital.

Khatabook will focus on financial services disbursement through its software ecosystem, catering to 10 million monthly active MSMEs.

The company said that it plans to accelerate hiring to strengthen its engineering, product, design, analytics, and data science capabilities.