About Pencil
Pencil is a company based in Mumbai (India) founded in 2015 by Rabindra Nanda. It operates as a Two-Sided Marketplace. Pencil has raised $2.95 million across 6 funding rounds from investors including Mumbai Angels, LetsVenture and Rohan Builders. The company has 5 employees as of April 08, 2024. Pencil offers products and services including Book Publishing and Story Pitching. Pencil operates in a competitive market with competitors including Pratilipi, Pronoun, Blurb, Juggernaut and MatruBharti, among others.
- Headquarter Mumbai, India
- Employees 5 as on 08 Apr, 2024
- Founders Rabindra Nanda
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name One Point Six Technologies Private Limited
- Date of Incorporation 22 Jun, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$292.13 K (USD)6.86as on Mar 31, 2023
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Net Profit
-$322.34 K (USD)24.98as on Mar 31, 2023
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EBITDA
-$169.75 K (USD)46.35as on Mar 31, 2023
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Total Equity Funding
$2.95 M (USD)
in 6 rounds
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Latest Funding Round
Not available
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Investors
Mumbai Angels
& 151 more
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Employee Count
5
as on Apr 08, 2024
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Products & Services of Pencil
Pencil offers a comprehensive portfolio of products and services, including Book Publishing and Story Pitching.
Tools for writing, publishing, and selling books worldwide.
Platform to pitch stories for screen adaptations.
Funding Insights of Pencil
Pencil has successfully raised a total of $2.95M across 6 strategic funding rounds. 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 Pencil
Pencil has secured backing from 152 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mumbai Angels, LetsVenture and Rohan Builders.
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Venture capital and accelerator services are provided across multiple sectors.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Investor details for Pencil
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Pencil
Investment portfolio details for Pencil
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Financial Statements - Pencil
Detailed financials for Pencil
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- Profit trends
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Pencil Comparisons
Peer comparison for Pencil
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- Named peers
- Headcount comparison
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Competitors of Pencil
Pencil 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 Pratilipi, Pronoun, Blurb, Juggernaut and MatruBharti, among others.
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Platform connecting readers and writers, offering digital literature in multiple languages
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A digital book publishing platform
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Book publishing software and Saas
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Authors' writings are uploaded and automatically published via mobile platform.
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App-based self-publishing platform for vernacular e-books is operated.
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Authors' novels and stories are published and read online.
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Detailed competitors of Pencil
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 Pencil
Complete news archive for Pencil
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Frequently Asked Questions about Pencil
Pencil was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Pencil is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pencil is a funded company, having raised a total of $2.95M across 6 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Pencil is 5.
Annual revenue of Pencil is $292.13K as on Mar 31, 2023.
Pencil is managed as an online platform for writers to self-publish books in paperback and ebook formats worldwide. It is designed to help users pitch stories or concepts for screen adaptations to studios through a marketplace. The platform is focused on enabling writers to monetize their work by removing traditional gatekeepers. Community engagement is facilitated to help stories gain visibility in the media and entertainment sector.
Pencil's top competitors include Pratilipi, MatruBharti and Pronoun.
Pencil offers Book Publishing and Story Pitching.
Pencil has 152 investors. Key investors include Mumbai Angels, LetsVenture, Rohan Builders, Xelp, and SucSEED.
The valuation of Pencil is $5.48M as of Feb 2021.