Khatabook
About Khatabook
Khatabook offers a digital ledger application that enables small businesses to manage credit and debit transactions, automate payment reminders, and generate business reports. By streamlining financial record-keeping and improving payment collection efficiency, the platform helps over 5 million businesses get paid three times faster.
```xml <problem> Many small businesses still rely on manual methods for managing credit and debit transactions, leading to inefficiencies in financial record-keeping and payment collection. This can result in delayed payments, inaccurate reporting, and difficulties in tracking outstanding balances. </problem> <solution> Khatabook provides a digital ledger application designed to streamline financial management for small businesses. The platform enables users to record credit and debit transactions, automate payment reminders, and generate business reports. By digitizing the traditional "bahi khata" (ledger), Khatabook helps businesses improve payment collection speeds, reduce errors, and gain better visibility into their financial performance. The application also offers features such as inventory management, GST reporting, and staff management, providing a comprehensive solution for managing various aspects of a small business. </solution> <features> - Digital ledger for recording credit (Jama) and debit (Udhar) transactions - Automated payment reminders via SMS and IVR calls - Khatabook QR for collecting payments from customers - Payment link generation for easy online payment collection - Automatic Khata updation upon customer payments - Inventory management with stock tracking and profit reports - GST report generation for GST filing - Staff management features including attendance tracking and salary payment recording - Business reports for efficient business management - Secure online backup of data - Multi-device access with real-time data synchronization </features> <target_audience> The primary target audience includes small and medium-sized business owners, shopkeepers, and retailers who manage credit transactions with their customers. </target_audience> <revenue_model> Khatabook generates revenue through the sale of Khatabook Coins, which are used to unlock premium features such as automated IVR calls and bulk SMS reminders. They also offer business loans through NBFC partners, with processing fees ranging from 0% to 5% of the loan amount. </revenue_model> ```
What does Khatabook do?
Khatabook offers a digital ledger application that enables small businesses to manage credit and debit transactions, automate payment reminders, and generate business reports. By streamlining financial record-keeping and improving payment collection efficiency, the platform helps over 5 million businesses get paid three times faster.
Where is Khatabook located?
Khatabook is based in Alo, India.
When was Khatabook founded?
Khatabook was founded in 2018.
How much funding has Khatabook raised?
Khatabook has raised 186708974.
- Location
- Alo, India
- Founded
- 2018
- Funding
- 186708974
- Employees
- 785 employees
- Major Investors
- B Capital, Y Combinator, Bossa Invest, Tencent, Tribe Capital