Reconbooks Inc., a US–India-based bookkeeping and cloud accounting solutions provider, has successfully raised ₹1 crore in funding from Foxhog.
The company offers a cloud-based accounting platform designed to simplify financial management for businesses, combining bookkeeping services with advanced digital tools. With this fresh round of funding, Reconbooks plans to strengthen its technology infrastructure and scale its subscription-based model across India, the United States, and other international markets.
Speaking on the development, Nikhil, CEO of Reconbooks, said, “We are focused on making our technology stronger while expanding into different countries. This investment will help us enhance our platform and reach a wider customer base globally.”
The investment reflects Foxhog’s continued focus on backing emerging technology-driven businesses, particularly those building scalable solutions in the financial services and SaaS ecosystem.
With increasing demand for cloud accounting tools worldwide, Reconbooks aims to position itself as a competitive player by improving product capabilities and accelerating global adoption through its subscription-led growth strategy.
