India based digital bookkeeping and payments startup raised $60m in Series B funding led by B Capital.
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India’s Khatabook raises $60m to help merchants digitize bookkeeping and accept payments
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In a statement, Kabir Narang, a general partner at B Capital who also co-heads the firm’s Asia business, said, “we expect the number of digitally sophisticated MSMEs to double over the next three to five years. Small and medium-sized businesses will drive the Indian economy in the era of COVID-19 and they need digital tools to make their businesses efficient and to grow.”
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