ChargeBee: How India’s 49th unicorn is simplifying subscription management for businesses
Jun 29, 2023 · 4 mins read
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[Part 1]
Current Valuation: $3.5 billion (June, 2022)
Funding Raised: $468.2 million (Feb, 2022)
Funding Rounds: 10
No. Of Investors: 8
Profit/Loss: (no information available)
Revenue: $115.4 million in FY22
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Did you know ChargeBee, India’s 49th unicorn’s journey began in a drawing room in the house of one of the co-founders?
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Founded in 2011, ChargeBee is a subscription management software that simplifies SaaS-based billing processes using payment gateways and connectors, while automating invoicing, taxes, accounting, and customer management.
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The company was founded by four friends: Krish Subramanian, Rajaraman Santhanam, KP Saravanan, and Thiyagarajan Thiyagu. The SaaS company is headquartered in San Francisco.
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Krish Subramanian, the CEO, brings extensive experience from his previous roles at companies like MatexNet Pvt Ltd, TCS, and Cognizant Technology Solutions.
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Meanwhile, the remaining three co-founders, Rajaraman Santhanam, Thiyagarajan Thiyagu, and KP Saravanan worked before at Zoho Corporation before founding ChargeBee.
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While today the company has become one of the most successful SaaS startups in the country, the founders claim that the journey was not easy and they had to work consistently hard to reach where they are today.
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They operate on a B2B SaaS model, providing solutions to various industries and data, statistics, and insights for growth.
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