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MatruBharti - About the company

MatruBharti is a seed company based in Ahmedabad (India), founded in 2015 by Nilesh Shah and Mahendra Sharma. It operates as an App-based self-publishing platform in vernacular languages. MatruBharti has raised $1M in funding from investors like ViridianCAP, Venture Investment and Ferrana, with a current valuation of $*****. The company has 849 active competitors, including 27 funded and 26 that have exited. Its top competitors include companies like Pratilipi, Kobo and BriBooks.

Company Details

App-based self-publishing platform in vernacular languages. The e-books are available under multiple categories such as fiction, non-fiction, biographies, philosophy, motivational essays, and more. It uses low-cost technology for producing digital rights-protected e-books. Its app is available for Android and iOS devices.
Social
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Registered Address
409, Shitalvarsha-V, Shivranjani Cross roads, Satellite, Ahmedabad, Ahmedabad, Gujarat, India, 380015
Key Metrics
Founded Year
2015
Location
Ahmedabad, India
Stage
Seed
Total Funding
$1M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 27, 2023
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
22 as on Aug 31, 2026
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MatruBharti's funding and investors

MatruBharti has raised a total funding of $1M over 5 rounds. Its first funding round was on Jun 10, 2016. Its latest funding round was a Seed round on Mar 25, 2023 for $*****. 3 investors participated in its latest round. MatruBharti has 10 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of MatruBharti:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 25, 2023
3758707
Seed
6507499
8296878
4315697
2484248
Oct 22, 2020
5283564
Seed
7522919
9522725
3454227
Jul 17, 2019
8596902
Angel
3285121
7286858
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MatruBharti's founders and board of directors

Founder? Claim Profile
The founders of MatruBharti are Nilesh Shah and Mahendra Sharma. Mahendra Sharma is the CEO of MatruBharti.
Here are the details of MatruBharti's key team members:

MatruBharti's Board of Directors

MatruBharti's board has 3 active members. Nilesh Shah and Mahendra Sharma are part of team and Nitaben Nileshbhai Shah is independent board member.
Here is the list of MatruBharti's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 6m
Team
-
Current
11y 6m
Independent board member
-
Current
11y 4m

MatruBharti's employee count trend

MatruBharti has 22 employees as of Aug 26. Here is MatruBharti's employee count trend over the years:
Employee count trend for MatruBharti
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MatruBharti's Competitors and alternates

Top competitors of MatruBharti include Pratilipi, Kobo and BriBooks. Here is the list of Top 10 competitors of MatruBharti, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pratilipi
Pratilipi
2014, Bengaluru (India), Series E
Online self-publishing and storytelling platform offering digital literature in multiple languages
$97M
81/100
2nd
Logo for Kobo
Kobo
2009, Toronto (Canada), Acquired
Provider of app-based reading and self-publishing platform
$132M
73/100
3rd
Logo for BriBooks
BriBooks
2022, Singapore (Singapore), Seed
Provider of platform for children to learn creative writing and publish
$1.5M
60/100
4th
Logo for Lulu
Lulu
2002, Morrisville (United States), Unfunded
Self-publishing platform for indie authors
-
-
55/100
5th
Logo for Blurb
Blurb
2005, San Francisco (United States), Acquired
Self-publishing platform empowering creators to design, publish, and sell books
$23.7M
51/100
6th
Logo for Pencil
Pencil
2015, Mumbai (India), Seed
Provider of a platform for book writing and reading
$2.9M
50/100
7th
Logo for Juggernaut
Juggernaut
2015, Delhi (India), Series A
Mobile-first publishing platform for authors
$5.23M
47/100
8th
Logo for MatruBharti
MatruBharti
2015, Ahmedabad (India), Seed
App-based self-publishing platform in vernacular languages
$1M
47/100
9th
Logo for Palmetto Publishing
Palmetto Publishing
2018, Mount Pleasant (United States), Unfunded
Provider of self publishing platform
-
-
45/100
10th
Logo for BookFunnel
BookFunnel
2015, Pearland (United States), Unfunded
SaaS-driven self book publishing solutions provider
-
-
44/100
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MatruBharti's Latest cap tables and shareholding

Founders (largest shareholder) own 52.53%, Funds own 10.00%, Enterprises own 25.57% and Angels own 11.90%. The net worth of MatruBharti's founders is INR 6.34Cr as of Nov 27, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
52.53%
6.34Cr
3950466
6016358
2993019
7474184
2803469
7006975
9349999
5359904
4463046
2877535
6279210
1489455
8315354
2686467
6648886
5861379
Fund
10.00%
1.21Cr
2335044
6551528
1381308
3660242
3214513
5602113
7856117
8957429
3055953
4761278
Enterprise
25.57%
3.08Cr
7658051
5522899
5659900
7058108
Angel
11.90%
1.44Cr
1236995
6829881
5405521
8220721
2889336
1304212
8121745
6974512
3365771
7095122
Total
100.00%
12.1Cr
3849457
7590720
4189173
5384999
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of MatruBharti's Shareholding

MatruBharti's Investments and acquisitions

MatruBharti has made no investments or acquisitions yet.

Reports related to MatruBharti

Here is the latest report on MatruBharti's geography:

News related to MatruBharti

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