Indian subscription management startup Chargebee revealed that it has secured $14 million in an equity financing round.
UK hedge fund Steadview Capital led the round, which saw participation from existing investors, Insight Venture Partners and Accel Partners.
Chargebee intends to use the new funds to extend its product offerings and partnerships and build an end-to-end subscription ecosystem to automate revenue operations.
Last year, Chargebee, with around $12 million in revenue annually, had collected $18.5 million in funding from Insight Venture Partners, Accel Partners and Tiger Global Management.