Predict your next investment

Chqbook company logo
INTERNET | Internet Software & Services / Accounting & Finance

See what CB Insights has to offer

Founded Year



Series A - II | Alive

Total Raised


Last Raised

$5.42M | 1 day ago

Mosaic Score

+70 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Chqbook

Chqbook is a fintech startup that allows customers to explore, compare, book and get personal finance products such as home loans, personal loans and credit cards.

Chqbook Headquarter Location

401 & 402, 4th Floor, Tower C, Magnum Tower

Gurugram, 122011,


+91 81303 30306

Latest Chqbook News

Neobanking Startup Chqbook Raises INR 40 Cr From Aavishkaar, Rajiv Dadlani Group

Sep 23, 2021

The round also saw participation from Earlsfield Capital UK and family offices and HNI investors including Jeremy Lim, Bhupesh Kumar, Nilesh Srivastava, and others Funds raised will be used to ramp up user acquisition and strengthen technology, Chqbook cofounder Vipul Sharma tells Inc42 Founded in 2017, to date, the fintech startup has recorded 1.2 Mn downloads and has 650K transacting customers catering to over 6 Cr SMB owners in 500+ cities In dynamic times, where neobanking and fintech startups are changing the game for the small and medium businesses (SMBs), Bengaluru-based Chqbook has raised INR 40 Cr in a Pre-Series B round led by Aavishkaar Capital and Rajiv Dadlani Group. The round also saw participation from Earlsfield Capital UK and family offices and HNI investors including Jeremy Lim, Bhupesh Kumar, Nilesh Srivastava, and others. The startup will utilise the funds for ramping up user acquisition and strengthening technology. “We launched our neobanking app in the middle of Covid, in September 2020, and we’ve scaled over INR 3 Cr of Gross Transaction Value (GTV) on the app. With the fund, we want to scale users on the app, invest in technology so that the customer journey and the experiences are better and positive,” Chqbook cofounder Vipul Sharma tells Inc42. Founded in 2017 by Vipul Sharma, Rajat Kumar, Sachin Arora and Mohit Goel, Chqbook is an online financial marketplace that offers services such as bookkeeping, lending, credit cards and insurance, helping small business owners to secure loans easily through its partners. “We are a neobank to small shop owners primarily, sole proprietorships such as Kirana stores, retail shops, hardware stores, chemists, small restaurants, etc. We have about 1.2 Mn downloads, over 650K transacting customers catering to over 6 Cr SMB owners in 500+ cities.” Sharma stated. He added that the startup, a full-stack mobile platform available in regional languages, re-bundles financial services giving access to current accounts, a bookkeeping service for cash transactions, lending, and insurance and an in-house gamified reward program. The startup had recently raised INR 7.5 Cr venture debt from Innoven Capital after its first institutional round in March 2020, where Aavishkaar Capital invested INR 35 Cr. The latest round brings its total funding to INR 85 Cr since its inception. The global neobanking market is valued to reach $333.4 Bn by 2026, and Chqbook is one of the few neobanking apps creating a buzz in the market . Besides Chqbook, more than half a dozen neobanks are currently operational in India looking to disrupt the BFSI sector, including key players such as Open, NiYO, Hylo, PayZello, InstaDApp, YeLo, Jupiter, FamPay, Walrus, epiFi, Finin and RazorPay X among others. Talking about the dynamic banking sector and competition within the market, Sharma states, “The entire financial industry is united in making sure that customers get the products they want. A large section of the population still needs to use tech products other than UPI, and sorts, because other than traditional banking and insurance, SMBs are still dependent on unorganised moneylenders.” “Interestingly, Tier I and II SMBs are underserved [in banking segment] in comparison to Tier III and IV. There’s a lot of room because 80-90% of the population still needs to get technologically savvy. We are not a replacement to traditional banking, as there’s still so much to be done — the credit gap is a trillion dollars, insurance penetration is less than 4% — we need to work together,” he concluded.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Chqbook

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Chqbook is included in 6 Expert Collections, including India Fintech Landscape.


India Fintech Landscape

430 items


Real Estate Tech

2,188 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, sm



10,750 items

Excludes US-based companies


Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.


Mortgage Tech

174 items


Wealth Tech

1,086 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

Chqbook Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Chqbook Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.