StopDownOpen the app

Funding · Enterprise Software & IT

Hisabkitab raises undisclosed seed funding at Rs 20 crore valuation

By ·

Date
Company
Hisabkitab
What it does
AI accounting platform for SMEs
Kind
Funding
Amount
undisclosed
Stage
seed
Based in
Surat
Founded
2022
Sector
Enterprise Software & IT

What they do

Hisabkitab is an AI-powered cloud-native accounting platform built for small businesses and startups

What happened

The company closed a seed round with angel investors and HNIs at a Rs 20 crore valuation

Why it matters

Monthly revenue grew nearly sixfold to Rs 25 lakh in June 2026, supporting its growth plans

The details

  • Hisabkitab has closed a seed funding round with an undisclosed amount of capital.
  • The startup achieved a Rs 20 crore valuation during this financing event.
  • Investors include a group of angel investors and high-net-worth individuals (HNIs).
  • The company plans to use funds to develop an AI Intelligence Layer suite.
  • This suite will include agents for audit, tax preparation, and financial reporting.
  • Funds will also support customer acquisition via performance marketing and organic channels.
  • Hisabkitab intends to scale its CA Partner Program across India.
  • The startup aims to hire talent across product development and engineering functions.

The bigger picture

  • Indian accounting software market was valued at nearly $699 million in 2025.
  • The sector is projected to reach ~$1.5 billion by 2034.
  • The market shows a compound annual growth rate of 8.83% from 2026-2034.
  • Hisabkitab operates in a competitive landscape with established players like Tally and Khatabook.

About the business

  • Hisabkitab provides an AI-powered cloud-native accounting platform for SMEs and startups.
  • The solution integrates bookkeeping, invoicing, billing, compliance, and financial management.
  • The platform launched in January 2025 after the company's founding in 2022.
  • It serves over 30,000 user sign-ups globally across India, UAE, and Bhutan.
  • The company reports over 2,700 paying customers among SMEs and startups.
  • Users give the platform an average rating of 4.8+ stars.
  • Headquarters are located in Surat, India, with international presence in the UAE and Bhutan.
  • Competitors include Refrens, Vyapar, Tally, Khatabook, MyBillBook, Zoho Books, and Busy.
  • Manual Excel-based processes remain a significant alternative for many small businesses.

What happens next

  • Develop the AI Intelligence Layer suite with specialized agents.
  • Expand customer acquisition through marketing and organic channels.
  • Scale the CA Partner Program across India.
  • Hire talent for product, engineering, and business functions.

The deal

Type
Seed Funding

Investors

  • Angel investors and high-net-worth individuals (investor) — A group of individual investors providing seed capital.

Founders

  • Shrigopal Malani, Co-founder & CEO
  • Abhinav Sharma, Co-founder & CMO

About Hisabkitab

Product
Cloud accounting platform with AI
Customers
Small businesses
How it makes money
SaaS subscription
What sets it apart
Consolidates multiple tools with AI agents

Other articles talking about it

Read it as a card in the app

Same day

All startup news on 15 July 2026 →