Celebrating 3 years Milestone with 1.8 Trillion+ INR Monthly Recorded Transactions

Jan 19, 2022

From Jan 2019 to Jan 2022, Khatabook has become a part of the lives of people from almost every district in India. The 3 years journey at Khatabook has been exhilarating. We have a lot to be proud of and be grateful for. 

2021 has been a crucial year in Khatabook’s journey. Besides our continued growth momentum, we made several important long-term strategic decisions for business and building our talent base, such as,  

  • Raised USD 100 Mn in series C round, 
  • First ESOP buyback of USD 10 Mn 
  • Reached the org size of 320+ employees
  • Acquired Biz Analyst
  • Launched an exclusive Cashbook android app 
  • Introduced Automated bot call reminders, the first-ever IVR tech exclusively designed for Indian MSMEs
  • Launched Khatabook Grants Program for current and former employees of the company looking to start their entrepreneurial journey in fintech 

 

The continued trust of our users humbles me. I am happy to share these exciting platform insights on our three years milestone. 

  • 1.8 trillion+ monthly recorded transactions in INR across the platforms – Khatabook + BizAnalyst + Cashbook 
  • 10Mn+ monthly active merchant users, managing more than 344 Mn customers 
  • More than 25% of users on Khatabook are using the app in their regional languages
  • Over 50% MOM growth on the Khatabook platform is organic.
  • Maharashtra, Rajasthan, Delhi, Uttar Pradesh, and Gujarat – The top 5 user base growth states for Khatabook in 2021  
  • Biz Analyst by Khatabook has over 100k+ paying customers
  • Launched in June 2021, Cashbook by Khatabook crossed 1.8M+ installs

For 2022, we are focused on building financial service disbursement through our tech platforms while we continue strengthening our overall tech offerings portfolio for MSMEs. 

2022 is looking even more exciting at Khatabook. So, check out our hiring page if you wish to join our Journey. 

 Ravish Naresh

CEO, and Co-founder, Khatabook