Readabit

Madurai, India Founded: 2017 • Age: 9 yrs
Provides online book borrowing, delivery, and membership plans across India.
Annual revenue $2,447 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Readabit

Readabit is a company based in Madurai (India) founded in 2017 by Govarthanan TS. It operates as a B2C and D2C. Readabit offers products and services including Online Library Platform and Membership Plans. Readabit operates in a competitive market with competitors including Chegg, Fastudent, Iloveread, ReadersCrib and RentReadBuy, among others.

  • Headquarter Madurai, India
  • Founders Govarthanan TS
  • Sectors
    Media & Entertainment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Akshara Reading Habit (Opc) Private Limited
  • Date of Incorporation 07 Dec, 2017
  • Jurisdiction Madurai, Tamil Nadu, India
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.45 K (USD)
    20.52
    as on Mar 31, 2020
  • Net Profit
    -$8.03 K (USD)
    10.92
    as on Mar 31, 2020
  • EBITDA
    -$5.79 K (USD)
    22.21
    as on Mar 31, 2020
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Readabit

Readabit offers a comprehensive portfolio of products and services, including Online Library Platform and Membership Plans.

Product name locked
Category locked
Primary

Platform for borrowing and delivering books with membership options

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Plans offering unlimited or limited book access and home delivery

Funding Insights of Readabit

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Detailed funding history for Readabit

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Investments & Acquisitions by Readabit

Investments
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Investment portfolio details for Readabit

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Financial Statements - Readabit

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Detailed financials for Readabit

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Readabit Comparisons

Readabit Primary company
Description
Provides online book borrowing, delivery, and membership pla...
Location
Madurai, India
Founded Year
2017
Annual Revenue
$2.45 K (USD)
Net Profit
-$8.03 K (USD)
EBITDA
-$5.79 K (USD)
Employees
Not available
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Peer comparison for Readabit

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Competitors of Readabit

Readabit 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 Chegg, Fastudent, Iloveread, ReadersCrib and RentReadBuy, among others.

Company Name Domain Founded year HQ Location Description
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Rental books and homework help are provided to university students.
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Operates an online store specializing in academic books and stationery.
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Online book rental portal
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Operates an online platform for bookstore sales and book rentals.
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Online platform for renting, buying, and donating books with membership benefits.
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Rental services for books are offered through an online platform.
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Detailed competitors of Readabit

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Latest news on Readabit

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Complete news archive for Readabit

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Frequently Asked Questions about Readabit

Readabit was founded in 2017.

Readabit is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.

Annual revenue of Readabit is $2.45K as on Mar 31, 2020.

Readabit.in is an online library service based in Madurai, India, that allows members to borrow books through various plans and suggests new titles. It delivers and picks up books at home, supports reading habits in English and Tamil, and caters to families and individuals with unlimited or limited access options. The service promotes affordable, convenient reading without the need for physical visits.

Readabit's top competitors include Chegg, Iloveread and Fastudent.

Readabit offers Online Library Platform and Membership Plans.

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