Matrubharti- Ahmedabad based eBook publisher raises seed funding of
Funds will be used to upgrade the tech and expansion of team. Initially it was incubated at the Espark-Viridian Accelerator Centre at GIFT City (Gujarat International Finance Tec-City). Currently having 1800+ authors and 4350 already published eBooks under it’s name.
Mahendra Sharma, co-founder, Matrubharti said, “Investment by
Viridian Capital in our firm is a testimony that we have a business model which is likely to grow at a healthy rate. Matrubharti offers a digital platform to new and aspiring writers, which is our unique selling proposition among digital publishers.”
India’s book market is currently the sixth largest in the world at
Startup publishes 450+ eBooks per month with 7.5 lakhs downloads till now. Six languages have been used to publish so far, planning to publish eBooks in 21 languages.
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