About Penbound
Penbound was a Media & Entertainment company based in Bengaluru (India) founded in 2017 by Vineet Shetty and Anushka Shetty. It serves as an online platform connecting readers and writers. It operates on a B2C model. Its Indian entity Penbound Partners Private Limited reported revenue of ₹13.4 Lakh. The company is recorded as dissolved. Its focus areas include Media and Publishing, Online Platforms, Content Sharing and Reader-Writer Networks.
Company details
Penbound, established in 2017 and currently in Dissolved stage, focuses on media and publishing, online platforms, content sharing, and reader-writer networks. Serves as an online platform connecting readers and writers. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Vineet Shetty, Anushka Shetty
- SectorsMedia & Entertainment
- Website penbound.com
- Social X Facebook
- Legal Name Penbound Partners Private Limited
- Date of Incorporation 21 Mar, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹13.4 Lakh
FY 2023 · +932% YoY
- Net Profit₹2 Lakh
FY 2023 · 15% margin
- EBITDA₹2 Lakh
FY 2023 · 15% margin
Associated legal entities of Penbound
Penbound operates through Penbound Partners Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Penbound Partners Private Limited CIN U72200MH2016PTC274740 | Active | 21 Mar 2016 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details |
Board of directors of Penbound Partners Private Limited (Penbound)
Penbound Partners Private Limited is the primary company behind Penbound. The board of Penbound Partners Private Limited currently have 2 directors; the longest-serving is Vineet Gopalkrishna Shetty, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vineet Gopalkrishna Shetty DIN 07795741 | Director | 04 May 2017 | 9 yrs 5 mo | Penbound Partners Private Limited |
| Sumitra Gopal Shetty DIN 09237497 | Director | 15 Jul 2021 | 5 yrs 3 mo | Penbound Partners Private Limited |
People of Penbound
2 people are tracked at Penbound (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Penbound
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Financials of Penbound
Figures of Penbound Partners Private Limited, the primary company behind Penbound, for FY 2023. Revenue was ₹13.4 Lakh (+932% year on year). Net profit was ₹2 Lakh (15% margin). EBITDA was ₹2 Lakh (15% margin). Revenue has grown at a compounded annual rate of +280% over three years.
- ₹13.4 LakhRevenue · FY 2023 · +932% YoY
- ₹2 LakhNet profit · 15% margin
- ₹2 LakhEBITDA · 15% margin
- ₹1.1 LakhPaid-up capital
- +280%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Penbound Partners Private Limited are on its company page.
Detailed financial statements for Penbound
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Top companies in Book & Digital Reading Platforms
3 companies that operate in the same segment as Penbound (Book & Digital Reading Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An audio streaming platform for series and stories is operated. | 2018 | Bengaluru, Karnataka, India | USD 196.66 M | USD 30.62 M | 1,044 | |
Platform connecting readers and writers, offering digital literature in multiple languages | 2014 | Bengaluru, Karnataka, India | USD 92.65 M | USD 6.84 M | 162 | |
Audiobooks and stories in multiple Indian languages are provided. | 2018 | Mumbai, Maharashtra, India | USD 122.32 M | USD 12.17 M | 310 |
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Related news about Penbound
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Frequently Asked Questions about Penbound
Penbound was founded in 2017.
Penbound is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Penbound, Penbound Partners Private Limited, reported revenue of ₹13.4 Lakh for FY 2023, up 932% year on year.
Penbound, established in 2017 and currently in Dissolved stage, focuses on media and publishing, online platforms, content sharing, and reader-writer networks. Serves as an online platform connecting readers and writers. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Penbound operates through Penbound Partners Private Limited.
The legal entities of Penbound currently have 2 directors, including Sumitra Gopal Shetty, Vineet Gopalkrishna Shetty.