HostBook a Mumbai, India-based Micro, small and medium enterprise-focused fintech startup HostBooks announced that it has raised $3 million in a Series-A funding round led by Razorpay
Hostbooks intends to utilize the Series-A funding to further scale its operations and enhance its existing product suite with the launch of new products supporting order management.
Company: HostBooks Limited.
Raised: $3.0M
Round: Series A
Funding Month: June 2022
Lead Investors: Razorpay
Additional Investors:
Company Website: https://www.hostbooks.com/us/
Software Category: Automated Accounting & Invoicing Software
About the Company: HostBooks was founded by Kapil Rana in 2017 and was joined at an early stage by Biswajit Mishra, HostBooks transforms and enriches your accounting experience through its structured and automated cloud-based accounting platform. HostBooks help to effectively manage your business finances by combining the usual accounting practices with cutting-edge technology. Be it receivables, payouts, inventories, or bank reconciliations, HostBooks cuts down the compliance time, boosts productivity, and reduces operational costs.
Source: https://thenfapost.com/2022/06/13/fintech-startup-hostbook-raises-3-million-in-funding-led-by-razorpay/