Private Equity

VC Fund Investments

HR tech startup PagarBook raises $4.35 M from Moneta Ventures, PA Fund, A$AP Capital

Regulatory Filings  

Bengaluru-based Pagarbook has raised INR 32 crore (USD 4.35 million) in return for a 4.53% stake, valuing the payroll management app company at INR 706.83 crore. The funding was led by Moneta Ventures (which invested INR 14.50 crore) and PA Fund I (INR 14.53 Cr), with participation from AngelList (INR 1.50 Cr) and A$AP Capital (INR 1.45 Cr).

From the Venture Intelligence PE-VC Deal Database: Between Jun-18 and Feb-21, PagarBook had raised over INR 150 Cr from investors including India Quotient, Sequoia Capital India and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)