Friday, 24 March, 2023

Khatabook announces $10M ESOP buyback plan, $100M funding 

<p>Series C funding has helped digital bookkeeping app Khatabook to raise $100M funds. The company is now valued at $600M and has announced plans to buy back $10M worth ESOPs, as an acknowledgment and reward to former, current investors and employees for their faith in the company. The new funds will go into accelerating hiring, in engineering, product, design, etc., the two-and-a-half-year-old company said in a statement.</p>