Category: Business

India’s Khatabook raises $100 million for its bookkeeping platform for merchants

Khatabook, a startup that’s said on Tuesday it’s raised $100 million during a new financing round because it prepares to launch financial services. The startup’s new financing round — a Series C — was led by Tribe Capital and Moore Strategic Ventures and valued the two-and-a-half-year-old Bangalore-headquartered startup at “close to $600 million,” its co-founder […]

Jeh Wadia quits 2 Wadia firms, exits boards of all listed group companies

Jehangir Wadia has quit the boards of Britannia Industries and Bombay Burmah Trading Corp., withdrawing from all listed businesses of the $15-billion Wadia Group. Jehangir, 48, in March resigned as director of his family-controlled airline of Go Airlines (rebranded as Go First). A month later, Bombay Dyeing and Manufacturing Company said Jehangir had stepped down […]

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