Chqbook

Gurugram, India Founded: 2017 • Age: 9 yrs
Provider of banking, lending, insurance, and transaction management solutions for small businesses
Annual revenue $3.0M Latest available
Total funding $12.3M 10 rounds
Employees 85 Tracked headcount
Investors 84 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Chqbook

Chqbook is a company based in Gurugram (India) founded in 2017 by Rajat Kumar, Vipul Sharma, and Mohit Goel. Chqbook has raised $12.33 million across 10 funding rounds from investors including Allana, InnoVen Capital and Startup Buddy. The company has 85 employees as of April 04, 2024. Chqbook offers products and services including Zero Balance Current Account, Business Loans, Insurance Plans, Chqbook Khata, and Chqbook Rewards. Chqbook operates in a competitive market with competitors including Tide, Open, ZikZuk, Vanghee and Tijoree, among others.

  • Headquarter Gurugram, India
  • Employees 85 as on 04 Apr, 2024
  • Founders Rajat Kumar, Vipul Sharma, Mohit Goel
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Nineroot Technologies Private Limited
  • Date of Incorporation 09 Jun, 2016
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.95 M (USD)
    91.05
    as on Mar 31, 2023
  • Net Profit
    -$3.25 M (USD)
    -44.34
    as on Mar 31, 2023
  • EBITDA
    -$2.96 M (USD)
    -46.87
    as on Mar 31, 2023
  • Total Equity Funding
    $12.33 M (USD)

    in 10 rounds

  • Latest Funding Round
    $120.43 K (USD), Series A

    Jul 29, 2022

  • Investors
    Allana

    & 83 more

  • Employee Count
    85

    as on Apr 04, 2024

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Products & Services of Chqbook

Chqbook offers a comprehensive portfolio of products and services, including Zero Balance Current Account, Business Loans, Insurance Plans, Chqbook Khata, and Chqbook Rewards.

Product name locked
Category locked
Primary

Lifetime account with rewards for small business transactions

Product name locked
Category locked
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Loans at best rates to support business growth

Product name locked
Category locked
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Coverage for health, motor, life, and shop risks

Product name locked
Category locked
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Tool for tracking credits, debits, and supplier orders

Product name locked
Category locked
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Earn coins on transactions for redemption offers

People of Chqbook

Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Vipul Sharma
Founder & CEO
People
Ravi Rai
Area Sales Manager
People
Himanshu Kushwaha
Sales Executive
People
Mohit Goel
Co-Founder & CMO

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Funding Insights of Chqbook

Chqbook has successfully raised a total of $12.33M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $120.43 thousand completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Chqbook

Chqbook has secured backing from 84 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Allana, InnoVen Capital and Startup Buddy.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private debt and equity funds are managed for technology sectors.
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Venture capital fund investing in tech startups
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Venture capital firm
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Investor details for Chqbook

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Chqbook

Investments
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Investment portfolio details for Chqbook

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Chqbook

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Detailed financials for Chqbook

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Chqbook Comparisons

Chqbook Primary company
Description
Provider of banking, lending, insurance, and transaction man...
Location
Gurugram, India
Founded Year
2017
Annual Revenue
$2.95 M (USD)
Net Profit
-$3.25 M (USD)
EBITDA
-$2.96 M (USD)
Employees
85
As of 2024
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Peer comparison for Chqbook

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Chqbook

Chqbook operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tide, Open, ZikZuk, Vanghee and Tijoree, among others.

Company Name Domain Founded year HQ Location Description
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Tide is recognized as a digital banking platform for businesses.
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A platform is operated for streamlining business payments and invoicing.
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Neobanking and business intelligence platforms are offered to SMEs.
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Digital bank for businesses
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Digital banking services for businesses are provided online.
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Detailed competitors of Chqbook

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Latest news on Chqbook

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Complete news archive for Chqbook

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Chqbook

Chqbook was founded in 2017.

Chqbook is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Vipul Sharma is the current CEO of Chqbook. They have also founded this company.

Chqbook is a funded company, having raised a total of $12.33M across 10 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Chqbook is 85.

Annual revenue of Chqbook is $2.95M as on Mar 31, 2023.

Chqbook was founded in 2017 in Gurugram, India, as a fintech provider targeting small businesses. Zero-balance current accounts with rewards are offered, alongside business loans and insurance plans for life, health, motor, and shop coverage. Tools for recording daily transactions, managing suppliers, and tracking credits and debits are provided, complemented by a rewards program for app-based activities.

Chqbook's top competitors include Tide, Open and ZikZuk.

Chqbook offers Zero Balance Current Account, Business Loans, Insurance Plans, Chqbook Khata, and Chqbook Rewards.

Chqbook has 84 investors. Key investors include Allana, InnoVen Capital, Startup Buddy, StartupBuddy, and Trifecta Capital.

The valuation of Chqbook is $22.01M as of Jul 2022.

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