Khatabook acquires Biz Analyst for $10 million

Indian digital ledger startup Khatabook has procured SaaS (software as-a-service) business the board application Biz Analyst in a $10 million (₹72.6 crore) money and value bargain.

This is Khatabook’s first essential obtaining. The three-year old organization trusts that it will offer premium worth added administrations to its 10 million client base and will drive adaptation.

Business Analyst, launched in 2016, assists little and medium organizations to automate their everyday business tasks and settle on information driven choices to oversee deals, stock, outstanding’s and profitability. It claims to have more than 80,000 clients and will keep on working as a different brand under Khatabook.

Business Analyst additionally claims to be income positive. The organization’s authors Vaibhav Vasa, Mehul Sutariya, and Nilesh Zaveri will join Khatabook’s initiative group.

“The highlights and qualities that Biz Analyst offers are the ideal expansion to our current business portfolio. The obtaining is a stage forward for Khatabook in its central goal to give business proficiency to India’s MSMEs through esteem added services,” said Ravish Naresh, CEO and fellow benefactor of Khatabook, in an articulation.