Restaurant biz digitisation enabler RoyalPOS raises $60-K from TVS Electronics

RoyalPOS, a Surat-based B2B SaaS cloud startup, has raised USD 60,000 from TVS Electronics Ltd, Chennai. RoyalPOS helps small and medium size neighbourhood restaurants and retail stores to digitise their business - billing, inventory, payments, and reporting - from a single outlet or multiple outlets. It claims to have already digitised 1,300+ businesses across more than 15 countries. The company was bootstrapped so far.