Readers

Hyderabad, India Founded: 2007 • Age: 19 yrs
Manages an e-commerce store for a wide range of consumer products.
Annual revenue $4.4M Latest available
Total funding - Funding intelligence
Employees 16 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Readers Stores India Private Limited
  • Date of Incorporation 28 Dec, 2007
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.4 M (USD)
    29.33
    as on Mar 31, 2023
  • Net Profit
    $68.6 K (USD)
    395.55
    as on Mar 31, 2023
  • EBITDA
    -$167.8 K (USD)
    -149.82
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    16

    as on Mar 31, 2023

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Funding Insights of Readers

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Detailed funding history for Readers

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Readers

Investments
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Investment portfolio details for Readers

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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  • Transaction dates
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Financial Statements - Readers

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Detailed financials for Readers

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  • Historical revenue
  • Profit trends
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Readers Comparisons

Readers Primary company
Description
Manages an e-commerce store for a wide range of consumer pro...
Location
Hyderabad, India
Founded Year
2007
Annual Revenue
$4.4 M (USD)
Net Profit
$68.6 K (USD)
EBITDA
-$167.8 K (USD)
Employees
16
As of 2023
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Peer comparison for Readers

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Multi-category consumer products are offered via an online marketplace platform.
Locked Locked Locked
Online marketplace offering multi-category products from independent designers
Locked Locked Locked
Fashion and lifestyle products are offered via an online marketplace.
Locked Locked Locked
Cosmetics, skincare, haircare, and wellness products are retailed online.
Locked Locked Locked
Multi-category products are offered through an online marketplace.
Locked Locked Locked
Discounted products across multiple categories are sold online.
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Detailed competitors of Readers

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  • Domains and locations
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Verified entity values are shown only after access is granted.

Latest news on Readers

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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.

Readers's top competitors include Flipkart, Nykaa and Myntra.

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