About AbeRuk
AbeRuk is a company based in Bengaluru (India) founded in 2015 by Sidharth Kumar. AbeRuk has raised $30.11 thousand across 1 funding round from investors including Swastika Co. AbeRuk operates in a competitive market with competitors including BucketBolt, BookMafiya, Backbenchers Online, Web Book Hub and Madbooks, among others.
- Headquarter Bengaluru, India
- Founders Sidharth Kumar
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Quarto India Internet Private Limited
- Date of Incorporation 05 Jan, 2015
- Jurisdiction Danapur, Bihar, India
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Annual Revenue
$36.6 (USD)0as on Mar 31, 2016
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Net Profit
-$2.96 K (USD)0as on Mar 31, 2016
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EBITDA
-$2.1 K (USD)0as on Mar 31, 2016
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Total Equity Funding
$30.11 K (USD)
in 1 rounds
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Latest Funding Round
$30.11 K (USD), Seed
Mar 17, 2016
- Investors
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Employee Count
Not available
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Funding Insights of AbeRuk
AbeRuk has successfully raised a total of $30.11K through 1 strategic funding round. The most recent funding activity was a Seed round of $30.11 thousand completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AbeRuk
AbeRuk has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Swastika Co.
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Indian technology startups are invested in by Swastika VC firm.
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Investor details for AbeRuk
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Investments & Acquisitions by AbeRuk
Investment portfolio details for AbeRuk
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Financial Statements - AbeRuk
Detailed financials for AbeRuk
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Aberuk Comparisons
Peer comparison for AbeRuk
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of AbeRuk
AbeRuk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BucketBolt, BookMafiya, Backbenchers Online, Web Book Hub and Madbooks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operates a marketplace platform for buying and selling university textbooks.
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Online platform for buying new, old, and second-hand books at low rates.
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Books are bought and sold via an online platform.
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Operates a digital platform for buying and selling books online.
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Hosts a digital marketplace for second-hand books.
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Operates a digital platform for buying, selling, and renting new and used books.
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Detailed competitors of AbeRuk
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Aberuk
Complete news archive for AbeRuk
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Frequently Asked Questions about AbeRuk
AbeRuk was founded in 2015 and raised its 1st funding round 1 year after it was founded.
AbeRuk is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
AbeRuk is a funded company, having raised a total of $30.11K across 1 funding round to date.
Annual revenue of AbeRuk is $36.6 as on Mar 31, 2016.
AbeRuk was founded in 2015 in Bengaluru, India, as an online marketplace where new and used books are bought and sold. Sellers such as wholesalers, second-hand retailers, individuals, and publishers are onboarded following quality checks. A 10-12 margin is applied to used book sales, while 20-22 is charged on new books. Over 100,000 titles are offered through partnerships with 200 sellers and 700 publishers under a distributor model.
AbeRuk's top competitors include Backbenchers Online, BookMafiya and BucketBolt.
AbeRuk has 1 investor. Key investors include Swastika Co.
The valuation of AbeRuk is $169.32K as of Mar 2016.