Chargebee, start-up that helps companies in billing, raises $55 mn

Chargebee, which helps businesses manage billing and revenue, has raised $55 million in a new financing round as it looks to expand in global markets, said the Chennai- and San Francisco-based start-up on Tuesday.

Insight Partners led the financing round, with existing investors Steadview Capital and Tiger Global joining in. The nine-year-old start-up has raised $105 million to date.

"We are committed to building the best billing infrastructure for Subscription Businesses. The last 6 months has been challenging for everyone and grateful to our team for the heads down execution. There is so much more to do and we are excited and