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.”

https://techcrunch.com/2020/05/19/indias-khatabook-raises-60-million-to-help-merchants-digitize-bookkeeping-and-accept-payments-online/