HostBooks Secures $5 Million in Series B Funding from Orange Orbit LLP

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B2B Fintech Industry Funding & Investments

By Saral Venture Builders

-December 30, 2024

HostBooks funding, Orange Orbit LLP investment, SaaS fintech startup, Series B funding, cloud-based business automation, global expansion, AI-driven modules

Are you looking for investment, pitch your idea with us!

Funding Overview

Key Milestone

HostBooks, a SaaS fintech startup, successfully raised $5 million in a Series B funding round, led by Orange Orbit LLP.

First Tranche Disbursed

The initial $2.5 million of the funding has already been released, marking the first phase of a broader $15 million fundraising initiative.

About HostBooks

Company Foundation and Vision

Founded: In 2009 by Biswajit Mishra and Kapil Rana.
Mission: Simplify enterprise operations through cutting-edge cloud-based business automation solutions.

Core Offerings

HostBooks provides tools to streamline:

Compliance Management
Accounting
Finance Operations
Operational Complexities

Planned Utilization of Funds

International Expansion

HostBooks aims to scale globally, entering new markets and enhancing its international footprint.

AI-Powered Innovation

The funds will drive enhancements in AI-driven modules, making solutions smarter and more efficient.

Team Strengthening

HostBooks plans to bolster teams across:

Sales
Product Marketing
Operations

Investor Perspective

Strategic Alignment

Orange Orbit LLP’s Support: Managing Partners Umang Nahata and Rakesh Raman shared their enthusiasm for HostBooks’ potential.

Expertise and Vision

In a joint statement, they said:

“We share HostBooks’ fervor for enabling global customers on their journey of business automation and AI transformation.”
“With HostBooks’ strong platform and our deep market expertise, we are confident in its global success.”

HostBooks on the Move

The investment positions HostBooks to capitalize on its innovative solutions, paving the way for global success in business automation and AI-driven transformation.

Tags:

business funding news fintech startup HostBooks HostBooks funding HostBooks investment Indian startups Orange Orbit LLP Series B funding startup funding India venture capital India

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At Saral Venture Builders, our mission is to simplify technology to extreme edges and make it accessible for every businesses of all sizes. The name "Saral" means "simple," and we embody this philosophy by delivering straightforward and effective tech solutions.

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