About Readers
Readers is a company based in Hyderabad (India) founded in 2007 by Krishna Kishore Reddy Palla, Rajeshwar Reddy Palla, and Jagan Gillala. It operates as a B2C. The company has 16 employees as of March 31, 2023. Readers operates in a competitive market with competitors including Flipkart, Etsy, Myntra, Nykaa and Amazon, among others.
- Headquarter Hyderabad, India
- Employees 16 as on 31 Mar, 2023
- Founders Krishna Kishore Reddy Palla, Rajeshwar Reddy Palla, Jagan Gillala
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Readers Stores India Private Limited
- Date of Incorporation 28 Dec, 2007
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$4.4 M (USD)29.33as on Mar 31, 2023
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Net Profit
$68.6 K (USD)395.55as on Mar 31, 2023
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EBITDA
-$167.8 K (USD)-149.82as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
16
as on Mar 31, 2023
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Funding Insights of Readers
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Investments & Acquisitions by Readers
Investment portfolio details for Readers
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Financial Statements - Readers
Detailed financials for Readers
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Readers Comparisons
Peer comparison for Readers
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Competitors of Readers
Readers 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 Flipkart, Etsy, Myntra, Nykaa and Amazon, among others.
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Multi-category consumer products are offered via an online marketplace platform.
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Online marketplace offering multi-category products from independent designers
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Fashion and lifestyle products are offered via an online marketplace.
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Cosmetics, skincare, haircare, and wellness products are retailed online.
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Multi-category products are offered through an online marketplace.
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Discounted products across multiple categories are sold online.
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Detailed competitors of Readers
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Readers
Complete news archive for Readers
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Frequently Asked Questions about Readers
Readers was founded in 2007.
Readers is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
As of Mar 31, 2023, the latest employee count at Readers is 16.
Annual revenue of Readers is $4.4M as on Mar 31, 2023.
Readers, founded in 2007 in Hyderabad, India, focuses on engaging in retail operations, operating online marketplaces, selling products via the internet, and multi-category products. Manages an e-commerce store for a wide range of consumer products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.