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IndiaReads
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Founded :
2009
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IndiaReads is an online portal that serves as an online library enabling users to search for books and get them home delivered. Users have the option to return the books they have completed reading in their next order of books. Claims of having a collection of 1lakh+ books across 45+ categories. Schools and educational institutes are their primary clients. Offers membership plan at INR 400 with monthly rental plans starting at INR 150. Generates monthly revenue of about Rs 30 lakh through rentals. Raised around Rs 1.25 crore in angel funding from two IIT alumni in 2014. Is in advanced discussions to raise $2.5 million (Rs 16 crore) in Series A funding as of May 2015.
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