Liquidity Events
Subscription mgmt unicorn Chargebee acquires collections mgmt platform Numberz
Subscription management SaaS firm Chargebee has Gurugram-based acquired collections management platform Numberz and has launched Chargebee Receivables to automate the receivables process for their clients. The numberz team will join Chargebee in various offices and remotely across India. Subscription businesses will now be able to automate the entire receivables process from purchase to payment, in addition to managing subscription products and invoices with Chargebee.
From the Venture Intelligence PE-VC Deal Database: Between Nov-16 and Mar-20, Numberz raised $4.8 M from Kae Capital, Sequoia Capital India, Khosla Impact, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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