Tuesday, November 5

Tag: B capital Group

Indian Ledger App Khatabook raises $60 million in funding by Facebook Cofounder
20May By PriyankaNo Comments
FUNDING

Indian Ledger App Khatabook raises $60 million in funding by Facebook Cofounder

India's leading ledger app Khatabook raises $60 million in equity round funding led by Facebook co-founder Eduardo Saverin's B Capital Group & others. Started in 2018, Khatabook is an android app that helps Small Shopkeepers and Kirana owners manage Credit & Debit transactions using their digital ledger service. The total funding has raised by the firm is $87 million. The Series B round values Khatabook at between $275 million and $300 million. The funding round has also seen participation from existing investors, including Sequoia Capital, Partners of DST Global, Tencent, GGV Capital, and RTP Global, along with a number of prominent angel investors like Kevin Weil, Alexander Will, Cred founder Kunal Shah, and Snapdeal co-founders Kunal Bahl, Rohit Bansal. Kahatabo...
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Rent a Bike Platform Bounce raises $72 million Series C funding
18Jun By AdityaNo Comments
FUNDING

Rent a Bike Platform Bounce raises $72 million Series C funding

Bounce, a smart mobility solution provider has raised USD 72 million as a part of its series C round of funding led by B capital Group and New York-based hedge fund Falcon Edge Capital. The funding round also saw participation from Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capital India, and Qualcomm Ventures. The funding will help accelerate Bounce expansion across various Indian cities. Bounce has deployed a fleet of over 5,000 keyless scooters in the city and the app allows the users to pick up a scooter and drop it at any legitimate parking spot. We appreciate the ongoing support of our investors, who have continuously believed in the growth trajectory of Bounce. Also, our journey so far wouldn't have bee...
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