Where is Readabit located?

Readabit is headquartered in Madurai, India. It is registered at 2/491-3, SEMPARUTHI STREET, GOMATHIPURAM 6TH MAIN, ROAD, Madurai, MADURAI, Tamil Nadu, India, 625020.

Which legal entities is Readabit associated with?

Readabit is associated with AKSHARA READING HABIT (OPC) PRIVATE LIMITED.

Where does Readabit rank among its competitors?

Readabit ranks 5th amongst 14 active competitors, only 1 of which is funded. Chegg, which secured $900M in Aug, 2020.

Who are the top competitors of Readabit?

Readabit's top competitors include Chegg, Iloveread and Fastudent. Among them, Chegg secured the most recent funding round in August, 2020.

Readabit - 2026 Company Profile & Competitors

Readabit is an unfunded company based in Madurai (India), founded in 2017. It operates as a Subscription-based online rental platform for printed books. Readabit has not raised any funding yet. The company has 14 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Chegg, Iloveread and Fastudent.

Company Details

Readabit is a subscription-based online rental platform for printed books. The company provides multiple memberships plans and allows registered users to borrow or buy books across multiple categories like classic books, fiction & non-fiction, novel, Indian books, and more. Users can also donate their books, gift a library, and more.

Website: www.readabit.in/
Social
Email ID: *****@readabit.in
Phone Number: +91 **********, +91 **********
Registered Address: 2/491-3, SEMPARUTHI STREET, GOMATHIPURAM 6TH MAIN, ROAD, Madurai, MADURAI, Tamil Nadu, India, 625020

Key Metrics

Founded Year

2017

Location

Madurai, India

Stage

Unfunded

Ranked

5^th among 14 active competitors

Similar Companies

Chegg & 80 more

View Readabit's full profile

Readabit is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AKSHARA READING HABIT (OPC) PRIVATE LIMITED CIN: U74999TN2017OPC119869 , India, Active	Dec 07, 2017	0 - ₹10 Cr (As on Mar 31, 2024)	-

Readabit has not raised any funding rounds yet.

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Top competitors of Readabit include Chegg, Iloveread and Fastudent. Here is the list of Top 10 competitors of Readabit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chegg 2005, Santa Clara (United States), Public	Provider of rental books and homework help solutions for university students	$206M	Foundation Capital, Kleiner Perkins & 39 others	72/100
2nd	Iloveread 2009, Chennai (India), Acquired	Online book rental portal	-	-	32/100
3rd	Fastudent 2013, Noida (India), Deadpooled	Online retail store for academic books and other stationary needs	-	AIRI Capital & 4 others	26/100
4th	The Book Buzz 2018, Mumbai (India), Unfunded	Susbscription-based online retailer of kids books	-	-	24/100
5th	Readabit 2017, Madurai (India), Unfunded	Subscription-based online rental platform for printed books	-	-	24/100
6th	BOOKERS' 2019, Bhubaneswar (India), Unfunded	Retailer of books providing rental options for readers	-	-	22/100
7th	FriendsOfBooks 2008, Delhi (India), Deadpooled	Online book rental library and used bookstore	-	-	21/100
8th	BookMeABook 2004, Delhi (India), Deadpooled	Delhi based online book rental service	-	-	21/100
9th	ReadChef 2016, Bhubaneswar (India), Deadpooled	Online book rental platform	-	-	21/100
10th	TextNook 2014, Bengaluru (India), Deadpooled	Online subscription based books rental	-	-	20/100