Bengaluru-based fintech startup KhataBookhas raised $100 million in Series C funding, at a valuation of $600 million. The round was led by Tribe Capital and Moore Strategic Ventures (MSV).
The startup has also expanded the ESOP pool, which now stands at $50 million. It added it is also buying back $10 million worth ESOPs to acknowledge and reward their employees, ex-employees and early investors. With fresh funds, Khatabook will focus on financial services disbursement through its software ecosystem catering to 10 million monthly active MSMEs.
