Fintech start-up Khatabook acquires Biz Analyst for $10 million

Fintech start-up Khatabook has acquired Biz Analyst, a SaaS business management application, in a deal worth $10 million as a mix of cash and equity.

With this acquisition, Khatabook will offer its customer base of over 10 million monthly active merchants an opportunity to scale up their businesses.

Backed by marquee investors such as Facebook co-founder Eduardo Saverin, Cred’s Kunal Shah, and Snapdeal co-founders Kunal Bahl and Rohit Bansal, this acquisition is a part of Khatabook’s efforts on monetisation and growth.

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