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PagarBook set to raise $7 Mn from Sequoia Capital

Shortpedia

Content Team
Image Credit: entrackr

Employee management app PagarBook is in advanced talks to raise $7 million from Sequoia Capital, said three sources aware of the development. This would be the second funding round for the Bengaluru-based venture. Sequoia is an existing investor in PagarBook via Surge Ventures. PagarBook lets small companies maintain attendance, salaries, advance payments, payroll management. Its mobile app is available across 12 languages.