Meet man who built Rs 4500 crore company with MS Dhoni’s help, he is from…

In recent years, India has witnessed a significant increase in startups, marking the beginning of a new era of innovation and entrepreneurship. Entrepreneurs are launching pioneering ideas that not only attain remarkable success but also make a lasting impact on people's daily lives, both personally and professionally.

Khatabook, a bookkeeping startup, was founded in 2018 by Ashish Sonone, Dhanesh Kumar, Vaibhav Kalpe, Jaideep Poonia, and Ravish Naresh.

Based in Bengaluru, Karnataka, Khatabook assists business owners and merchants in managing their accounts and accepting online payments. The startup has played a key role in helping businesses shift from traditional manual accounting to digital solutions.

The Khatabook app, developed by Kyte Technologies, offers merchants an easy way to manage their stock records. Users can smoothly handle accounts and monitor credit balances through the app. Khatabook's service is free to use and guarantees secure transactions.

Hailing from Bengaluru, Karnataka, Ravish Naresh serves as the CEO of Khatabook. He graduated from the prestigious IIT Bombay and was previously the co-founder and COO of Housing.com.

According to the Business Outreach, Ravish and his team noticed an interesting trend among Indians: while people were becoming increasingly comfortable with digital transactions, many still relied on traditional methods for manually recording their accounts. This observation led them to develop a smooth and intuitive solution to encourage individuals to transition to online accounting. And thus, the Khatabook app was created. 

Since its inception, Khatabook has attracted investments from several backers, including former Indian cricket captain MS Dhoni. In 2023, the company achieved an impressive valuation of Rs 4500 crore.