About Legimi
Legimi is a publicly listed company based in Opole (Poland) founded in 2009 by Mikolaj Malaczynski and Mateusz Frukacz. Ebooks and magazines are accessed via subscription-based cloud platform. The company has 1,036 employees. Its chief executive, as recorded, is Mikolaj Malaczynski. Its website legimi.com draws about 42 thousand monthly visits. Its Indian entity Xiaomi Technology India Private Limited reported revenue of ₹25,984 Cr. Legimi offers products and services including Ebooks Subscription and Audiobooks Subscription. Its focus areas include Book Tech, Book Reading, Apps and Multi Genres.
Company details
Legimi was founded in 2009 in Opole, Poland, as an online eBookstore in the digital publishing sector. Books, magazines, and blogs are offered through its platform, with cloud-based reading applications developed for iOS, Android, Windows Phone, and PC devices. A monthly subscription model is utilized to provide users with access to an extensive library of reading materials stored in the cloud.
- Headquarters Opole, Poland
- Employees 1,036
- Founders Mikolaj Malaczynski, Mateusz Frukacz
- Stage Public
- SectorsMedia & Entertainment
- Website legimi.com
- Social X Facebook
- Legal Name Legimi Sa
- Date of Incorporation 07 Oct, 2014
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹25,984 Cr
FY 2024 · -3% YoY
- Indian entity net profit₹288 Cr
FY 2024 · 1% margin
- Indian entity EBITDA₹544 Cr
FY 2024 · 2% margin
- Latest Funding Round$1.33M (USD), Post-IPO
Nov 2023
- Investors
- Employee Count1,036
Associated legal entities of Legimi
Legimi operates through Xiaomi Technology India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xiaomi Technology India Private Limited CIN U72200KA2014FTC076704 | Active | 07 Oct 2014 | Bengaluru, Karnataka | ₹25,984 Cr | 1,036 | 2 | View details |
Products & Services of Legimi
Legimi offers a comprehensive portfolio of products and services, including Ebooks Subscription and Audiobooks Subscription.
Provides unlimited access to thousands of ebooks for reading.
Offers unlimited audiobooks for listening on various devices.
Funding Insights of Legimi
- Total Rounds 1
- Last Round Post-IPO — $1.33M
- First Round $1.33M
(Nov 2023)
- Investors Count 1
All 1 funding rounds of Legimi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $1.33M | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in Legimi
Legimi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wirtualna Polska.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital news portal | 1995 | wp.pl | Warsaw, Poland |
Investor details for Legimi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Xiaomi Technology India Private Limited (Legimi)
Xiaomi Technology India Private Limited is the primary company behind Legimi. The board of Xiaomi Technology India Private Limited currently have 2 directors; the longest-serving is Varun Sabhash Madan, appointed in 2024. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Sabhash Madan DIN 10785314 | Director | 30 Sep 2024 | 2 yrs | Xiaomi Technology India Private Limited |
| Sudhin Mathur DIN 03474713 | Director | 21 Jan 2025 | 1 yr 9 mo | Xiaomi Technology India Private Limited |
People of Legimi
2 people are tracked at Legimi (2 in leadership); the tracked headcount is 1,036.
| Name | Role | Group |
|---|---|---|
Mikolaj Malaczynski | Co-Founder & CEO | Leadership |
Mateusz Frukacz | Co-Founder | Leadership |
Complete people profiles for Legimi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Legimi
Figures of Xiaomi Technology India Private Limited, the primary company behind Legimi, for FY 2024. Revenue was ₹25,984 Cr (-3% year on year). Net profit was ₹288 Cr (1% margin). EBITDA was ₹544 Cr (2% margin). Revenue has grown at a compounded annual rate of -10% over three years and -6% over five years.
- ₹25,984 CrRevenue · FY 2024 · -3% YoY
- ₹288 CrNet profit · 1% margin
- ₹544 CrEBITDA · 2% margin
- ₹2.1 LakhPaid-up capital
- 1,036Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xiaomi Technology India Private Limited are on its company page.
Detailed financial statements for Legimi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Legimi
3 dated milestones of Legimi across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Legimi is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.3M.
Web traffic of Legimi
The website of Legimi (legimi.com) receives about 42K visits a month.
- Monthly visits42K
▲ 27.2% vs previous month
Websites whose visitors overlap most with Legimi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
swiatczytnikow.pl | swiatczytnikow.pl | 90% | #231,575 | – | |
| google.com | 85% | 85.8B | #1 | View details | |
| instagram.com | 78% | 7.1B | #4 | View details | |
| reddit.com | 73% | 4.4B | #9 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Legimi
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Legimi
Complete news archive for Legimi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Legimi
Legimi was founded in 2009 and raised its 1st funding round 14 years after it was founded.
Legimi is headquartered in Opole, Poland. It is registered at Opole, Opole Voivodeship, Poland.
Mikolaj Malaczynski is the CEO of Legimi, as recorded in our data. They have also founded this company.
Legimi has 1,036 employees.
The primary company behind Legimi, Xiaomi Technology India Private Limited, reported revenue of ₹25,984 Cr for FY 2024, down 3% year on year.
Legimi was founded in 2009 in Opole, Poland, as an online eBookstore in the digital publishing sector. Books, magazines, and blogs are offered through its platform, with cloud-based reading applications developed for iOS, Android, Windows Phone, and PC devices. A monthly subscription model is utilized to provide users with access to an extensive library of reading materials stored in the cloud.
Legimi offers Ebooks Subscription and Audiobooks Subscription.
Legimi has 1 investor. Key investors include Wirtualna Polska.
Legimi operates through Xiaomi Technology India Private Limited.
The legal entities of Legimi currently have 2 directors, including Varun Sabhash Madan, Sudhin Mathur.