Vyapar scoops up $30 Mn in Series B round
Business accounting software Vyapar has raised $30 million from WestBridge Capital. Existing backers IndiaMart, India Quotient & Fortytwo.vc have also participated. IndiaMART had previously led Vyapar’s Series A round in September 2019. The Bengaluru-based startup will use the funds to grow through digital and physical distribution channels. It also plans to increase hiring, launch new products and enable additional revenue streams, it said in a press release. Founded by Sumit Agarwal and Shubham Agarwal in 2016, Vyapar provides accounting software for both mobile and desktop to deal with invoicing, inventory and accounting needs. Continue reading Vyapar scoops up $30 Mn in Series B round at Entrackr.
Business accounting software Vyapar has raised $30 million from WestBridge Capital. Existing backers IndiaMart, India Quotient & Fortytwo.vc have also participated.
IndiaMART had previously led Vyapar’s Series A round in September 2019.
The Bengaluru-based startup will use the funds to grow through digital and physical distribution channels. It also plans to increase hiring, launch new products and enable additional revenue streams, it said in a press release.
Founded by Sumit Agarwal and Shubham Agarwal in 2016, Vyapar provides accounting software for both mobile and desktop to deal with invoicing, inventory and accounting needs.
