Pencil - About the company
Pencil is a seed company based in Mumbai (India), founded in 2015 by Swarup Nanda and Rabindra Nanda. It operates as a Provider of a platform for book writing and reading. Pencil has raised $2.9M in funding from SOSV and Orbit Ventures, with a current valuation of ₹*****. The company has 634 active competitors, including 26 funded and 25 that have exited. Its top competitors include companies like Pratilipi, BriBooks and Blurb.
Company Details
Thepencilapp provides a platform for book writing and reading. It also provides a mobile application for reading books. Users can also make connections with different users on the community platform. Its mobile app is available for both android and ios.
- Website
- thepencilapp.com
- Social
- Email ID
- *****@thepencilapp.com
- Phone Number
- +91 **********
- Registered Address
- Unit No 26, Ground Floor, A1, Shram Safalya,Wadala Truck Terminal Road, Near Post Office, A, ntop Hill, Mumbai City, Mumbai, Maharashtra, India, 400037
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Seed
Total Funding
$2.9M in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 09, 2023
Ranked
8th among 634 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
30 as on May 31, 2026
Legal entities associated with Pencil
Pencil is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ONE POINT SIX TECHNOLOGIES PRIVATE LIMITED CIN: U22110MH2007PTC171902 , India, Active | Jun 22, 2007 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Pencil's funding and investors
Pencil has raised a total funding of $2.9M over 6 rounds. Its first funding round was on Sep 25, 2017. Its latest funding round was a Seed round on 2021 for $*****. 1 investor participated in its latest round. Pencil has 19 institutional investors and 134 angel investors.
Here is the list of recent funding rounds of Pencil:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2021 | 2964 | Seed | 7545 | 1407 | 7425 | 7268 |
Feb 15, 2021 | 6514482 | Seed | 1438251 | 7168058 | 6745072 | |
Jan 03, 2020 | 7266506 | Seed | 1694653 | 4761003 |
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Pencil's founders and board of directors
Founder? Claim ProfileThe founders of Pencil are Swarup Nanda and Rabindra Nanda.
Here are the details of Pencil's key team members:
- Swarup Nanda: Founder of Pencil and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Rabindra Nanda: Founder of Pencil. They serve on the board of 1 company.
Pencil's Board of Directors
Pencil's board has 4 active members. Swarup Nanda and Rabindra Nanda are part of team and Monica Mehta and Dean Wilfred Menezes are independent board members.Here is the list of Pencil's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 19y 0m | |
Team | - | Current | 19y 0m | |
Independent board member | - | Current | 6y 0m | |
abnlsms | Independent board member | - | Current | 9y 9m |
View details of Pencil's Founder profiles and Board Members
Pencil's employee count trend
Pencil has 30 employees as of May 26. Here is Pencil's employee count trend over the years:
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Pencil's Competitors and alternates
Top competitors of Pencil include Pratilipi, BriBooks and Blurb. Here is the list of Top 10 competitors of Pencil, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online self-publishing and storytelling platform offering digital literature in multiple languages | $97M | 81/100 | ||
2nd | Provider of platform for children to learn creative writing and publish | $1.5M | 60/100 | ||
3rd |  Blurb 2005, San Francisco (United States), Acquired | Self-publishing platform empowering creators to design, publish, and sell books | $23.7M | 55/100 | |
4th | Lulu 2002, Morrisville (United States), Unfunded | Self-publishing platform for indie authors | - | - | 55/100 |
5th | MatruBharti 2015, Ahmedabad (India), Seed | App-based self-publishing platform in vernacular languages | $1M | 55/100 | |
6th | Pronoun 2009, New York City (United States), Acquired | A digital book publishing platform | $11.3M | 49/100 | |
7th | Juggernaut 2015, Delhi (India), Series A | Mobile-first publishing platform for authors | $5.23M | 47/100 | |
8th | Provider of a platform for book writing and reading | $2.9M | 47/100 | ||
9th | Palmetto Publishing 2018, Mount Pleasant (United States), Unfunded | Provider of self publishing platform | - | - | 45/100 |
10th |  White Falcon Publishing 2014, Chandigarh (India), Unfunded | Provider of a self-publishing platform | - | - | 43/100 |
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Pencil's Investments and acquisitions
Pencil has made no investments or acquisitions yet.
Reports related to Pencil
Here is the latest report on Pencil's geography:
News related to Pencil
•
Pencil, Aisle raise pre-Series A fundingVCCircle•Feb 15, 2021•Pencil, SOSV, Inflection Point Ventures, Artesian and 5 others
•
Pencil, a platform for writers, raises $1 million to democratize readingTechPortal•Feb 15, 2021•Pencil
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FAQs about Pencil
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