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Khatabook acquires SaaS player biz analyst in USD 10 Mn deal

Shortpedia

Content Team
Image Credit: Shortpedia

Fintech firm Khatabook on Thursday announced the acquisition of the city-based Biz Analyst (BA), a software as a service (SaaS) company providing analytics solutions to small business, in a USD 10 million cash and equity deal. Co-founder and chief executive Ravish Naresh said talks with BA had been on for over a year after the company saw the synergies and added that BA has 80,000 paid users as well.