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yBANQ

AcquiredYC W20

Bengaluru, IN · Founded 2019 · 9 employees · 5 known investors

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yBANQ provides a collections and reconciliation platform for small and medium enterprises in India, automating the manual process of matching bank statements to invoices.

Also known as Procureli, Inc. · Procureli Technologies Pvt. Ltd · Procureli Technologies Pvt. Ltd, Ybanq

FintechB2BIndiaSouth Asia

Founders & leadership· Y Combinator alumni (W20)

yBANQ was founded in 2019 by Abhishek Ayyagari, Ganesh Mallya, and Ahamed Shah Wahidullah.

AAAbhishek Ayyagari
Abhishek AyyagariFounderAbhishek Ayyagari previously led product at PayU and Citrus Payments, and worked on PayPal's subscriptions business before founding yBANQ.
GMGanesh Mallya
Ganesh MallyaFounderGanesh Mallya previously held go-to-market and revenue growth roles at Infosys, Polaris, and Hexaware before founding yBANQ, a B2B payments and collections platform for small and medium enterprises in India that automates invoice-to-bank statement reconciliation. After yBANQ's acquisition by Cleartax, he led sales operations for the enterprise and chartered accountant segments.
ASAhamed Shah Wahidullah
Ahamed Shah WahidullahFounder

Investors · 5

VentureSouqlisted by VentureSouqAbu Dhabi · $100K – $10M

How we know: Y Combinator's founder network · venturesouq.com · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

FoundersXreportedPalo Alto

How we know: Y Combinator's founder network · Not right? Tell us

Soma CapitalreportedSacramento · $100K – $300K

How we know: Y Combinator's founder network · Not right? Tell us

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Companies working in the same space as yBANQ.

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corporate structure
Procureli, Inc.

Frequently asked questions

What does yBANQ do?
yBANQ provides a collections and reconciliation platform for small and medium enterprises in India, automating the manual process of matching bank statements to invoices.
Who founded yBANQ?
yBANQ was founded by Abhishek Ayyagari, Ganesh Mallya, Ahamed Shah Wahidullah in 2019.
Who are yBANQ's investors?
yBANQ's investors include NextB Ventures, VentureSouq, Y Combinator, FoundersX, Soma Capital.
Where is yBANQ headquartered?
yBANQ is headquartered in Bengaluru, IN.