VC Fund Investments
Accounting enabler for SMEs CashBook raises $2.3 M from JAM, Better Tomorrow Ventures, others
Gurugram-based CashBook, a fintech startup focused on cash accounting for small businesses, has raised USD 2.3 million (INR 17 crore) in a seed funding round led by JAM and Better Tomorrow Ventures. Angel investors Kunal Shah and Anupam Mittal also participated in the round. The funds raised will be used to further enhance the product as well as to expand across India. The Y Combinator-backed startup, launched in August 2020 by Vivek Kumar and Ashutosh Pathak, helps small businesses track their income and expenses through a mobile app.
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