Sequoia leads $7 Mn round in Pagarbook; valuation jumps 5.3X
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Employee management app Pagarbook has raised around $7 million in its Series A funding round led by existing backer Sequoia’s Surge. Sequoia’s Surge has led the funding round with an infusion of Rs 44.21 crore, whereas IQ Alpha invested Rs 6.62 crore. Founded by Adarsh Kumar and Rupesh Kumar Mishra, PagarBook lets small companies maintain attendance, salaries, advance payments, payroll management.