Khatabook raises $100 million, announces ESOP buyback

Kirana-tech startup Khatabook on Tuesday said it has raised $100 million as part of its Series C funding round, led by US-based venture capital firms Tribe Capital and Moore Strategic Ventures. The capital was raised at a valuation of $600 million.

Other investors who took part in the round include Alkeon Capital and existing investors B Capital Group, Sequoia Capital, Tencent, RTP Global, Unilever Ventures and Better Capital.

It also saw participation from former and current general partners of Andreessen Horowitz, including Balaji Srinivasan and Sriram Krishnan, who invested in their personal capacities.