About Redbook
Redbook is a company based in Mumbai (India) founded in 2015 by Ankit Solanki.. Redbook has raised $321.7 thousand across 2 funding rounds from investors including Anirudh Malpani, Manjeet Buaria and Dinesh Ishwarlal Gosai. The company has 49 employees as of April 08, 2024. Redbook operates in a competitive market with competitors including RELEX, Wasoko, Bazaarvoice, Mad Mobile and PredictSpring, among others.
- Headquarter Mumbai, India
- Employees 49 as on 08 Apr, 2024
- Founders Ankit Solanki
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Instinct Innovations Private Limited
- Date of Incorporation 09 Nov, 2015
- Jurisdiction Goregaon East, Maharashtra, India
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Annual Revenue
$345.2 K (USD)47.99as on Mar 31, 2023
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Net Profit
$-1.69 M (USD)14.51as on Mar 31, 2023
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EBITDA
$-1.25 M (USD)25.26as on Mar 31, 2023
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Total Equity Funding
$321.7 K (USD)
in 2 rounds
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Latest Funding Round
$71.7 K (USD), Angel Round
May 30, 2019
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Investors
Vida Ventures
& 19 more
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Employee Count
49
as on Apr 08, 2024
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Funding Insights of Redbook
Redbook has successfully raised a total of $321.7K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $71.7 thousand completed in May 2019. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Angel Round — $71,701
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First Round
First Round
(14 Mar 2017)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Angel Round - Redbook | Valuation | Anirudh Malpani | |
| Mar, 2017 | Amount | Seed - Redbook | Valuation | Vida Ventures , Solidarity |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Redbook
Redbook has secured backing from 20 investors, including angel and venture fund investors. Prominent investors backing the company include Anirudh Malpani, Manjeet Buaria and Dinesh Ishwarlal Gosai. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Biomedical innovations are transformed into therapies by Vida Ventures.
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Founded Year | Domain | Location | |
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Private equity investments are managed by Solidarity across multiple sectors.
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Founded Year | Domain | Location | |
|
AM
Anirudh Malpani |
Angel investor, IVF specialist, and founder of Malpani Infertility Clinic.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Redbook
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Redbook
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Redbook Comparisons
Competitors of Redbook
Redbook 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 RELEX, Wasoko, Bazaarvoice, Mad Mobile and PredictSpring, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
|
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Mobile retail platform with engagement and POS solutions provided.
|
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| domain | founded_year | HQ Location |
Mobile commerce platforms are provided for offline retail businesses.
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| domain | founded_year | HQ Location |
Provider of cloud-based suite solutions for wholesalers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Redbook
When was Redbook founded?
Redbook was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Redbook located?
Redbook is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Redbook a funded company?
Redbook is a funded company, having raised a total of $321.7K across 2 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Mar 14, 2017.
How many employees does Redbook have?
As of Apr 08, 2024, the latest employee count at Redbook is 49.
What is the annual revenue of Redbook?
Annual revenue of Redbook is $345.2K as on Mar 31, 2023.
What does Redbook do?
Redbook was founded in 2015 in Mumbai, India, within the healthcare software sector. GST-compliant solutions for retail pharmacies and pharmaceutical distributors are offered, encompassing GST return filing, automated order placement, expiry and order alerts, intuitive interfaces, offline operations with data auto-sync, customer interaction tools, and stock demand tracking for minimum levels. Email-based inventory oversight and support services are also maintained.
Who are the top competitors of Redbook?
Redbook's top competitors include RELEX, Bazaarvoice and Wasoko.
Who are Redbook's investors?
Redbook has 20 investors. Key investors include Anirudh Malpani, Manjeet Buaria, Dinesh Ishwarlal Gosai, Nehit Ashok Solanki, and Aniruddha Narayan Malpani.
What is Redbook's valuation?
The valuation of Redbook is $1.7M as of May 2019.
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