Big Idea

Chill, the bill is on us

Chennai-based tech firm ChargeBee is making life easy for startups across the world by managing their invoices

RA Chandroo

In 2011, when Krish Subramanian decided to quit his technology specialist job with Cognizant to launch his own venture, he persuaded two friends, Rajaraman Santhanam and T Thiyagarajan, to take the plunge as well. Their common mentor at Chennai-based product company Zoho, KP Saravanan, spent long hours persuading the duo to reconsider their decision — only to chuck his job and join as the fourth co-founder. The idea that so excited these four may sound rather simple — a service that helps companies manage their online subscription billings — but ChargeBee has already proved itself a winner. The Chennai-based start-up now has over 500 customers, processes over $2 million worth of their customers’ transactions every month and has even managed to raise $1.17 million in funding. With the world moving to a subscription-based economy and more consumers transacting online, the party has just started for ChargeBee.