Fintech startup HostBook raises $3 mn in series A funding led by Razorpay

Micro, small and medium enterprise-focused fintech start-up HostBooks announced that it has raised $3 million in a Series-A funding round led by Razorpay, full-stack financial services company.

Hostbooks intends to utilise the Series-A funding to further scale its operations and enhance its existing product suite with the launch of new products supporting order management, neo-banking, advanced inventory & production management and AI-based business decision making tools to better support its wide customer base in the country. With this, HostBooks will be a step closer to becoming a one-stop shop for all Business and Finance Operations needs of MSMEs in India.