Khatabook, an Indian accounting service provider for small and medium enterprises, has secured $25 million in Series A financing round.

The firm secured the new capital from GGV Capital, DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator, 20 angel investors, among others.

With the latest financing, Khatabook has raised a total of $29 million in funding since its inception.

More so, the firm is planning to launch other products for micro, small and medium enterprises in the next few months.