Hisabkitab has raised a seed round at a Rs. 20 crore valuation, marking a strong early step for the Surat-based fintech SaaS startup. The company is building an AI-powered, cloud-native accounting platform for small and medium businesses, and it plans to use the new funds to expand its product and customer base.
Founded in 2022 by Shrigopal Malani and Abhinav Sharma, Hisabkitab aims to replace scattered finance tools with one platform for billing, bookkeeping, compliance, and reporting. The startup says this all-in-one approach helps businesses improve accuracy, save time, and get better financial visibility. It is also developing an AI Intelligence Layer with tools such as an Audit Agent, Tax Preparation Agent, Accounts Receivable Agent, and Accounts Payable Agent.
The startup says it has already attracted more than 30,000 sign-ups and now serves over 2,700 paying SMEs and startups. Its monthly revenue has also risen sharply, going from Rs 4.18 lakh in May 2025 to Rs 25.01 lakh in June 2026. That is nearly a sixfold jump in a little over a year, showing growing demand for AI-led accounting software.
The fresh capital will be used to strengthen AI capabilities, scale customer acquisition through performance marketing and organic channels, grow its CA partner programme across India, and hire in product and business roles. The announcement also reflects strong investor interest in SaaS products that can simplify finance operations for Indian SMEs.
FAQs [Frequently Asked Questions]
Q1: What is Hisabkitab?
A: Hisabkitab is an AI-powered, cloud-native accounting platform that helps SMEs manage billing, bookkeeping, compliance, reporting, and other finance tasks.
Q2: How much funding did Hisabkitab raise?
A: The startup raised an undisclosed seed amount at a valuation of Rs 20 crore from angel investors and high-net-worth individuals.
Q3: What will the money be used for?
A: Hisabkitab will use the funds to build AI finance agents, acquire more customers, expand its CA partner network, and strengthen its product and business teams.