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
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- 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 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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Biomedical innovations are transformed into therapies by Vida Ventures.
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Locked | Locked | Locked | |
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Private equity investments are managed by Solidarity across multiple sectors.
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AM
Anirudh Malpani |
Angel investor, IVF specialist, and founder of Malpani Infertility Clinic.
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Locked | Locked | Locked |
Investor details for Redbook
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Investments & Acquisitions by Redbook
Investment portfolio details for Redbook
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Financial Statements - Redbook
Detailed financials for Redbook
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Redbook Comparisons
Peer comparison for Redbook
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Unified platform for retail and supply chain planning is offered.
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Online B2B marketplace offering groceries for enterprises
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| Locked | Locked | Locked |
Provider of SaaS based marking solution
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Mobile retail platform with engagement and POS solutions provided.
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| Locked | Locked | Locked |
Mobile commerce platforms are provided for offline retail businesses.
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| Locked | Locked | Locked |
Provider of cloud-based suite solutions for wholesalers
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Detailed competitors of Redbook
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Latest news on Redbook
Complete news archive for Redbook
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Frequently Asked Questions about Redbook
Redbook was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Redbook is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Redbook is a funded company, having raised a total of $321.7K across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Redbook is 49.
Annual revenue of Redbook is $345.2K as on Mar 31, 2023.
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.
Redbook's top competitors include RELEX, Bazaarvoice and Wasoko.
Redbook has 20 investors. Key investors include Anirudh Malpani, Manjeet Buaria, Dinesh Ishwarlal Gosai, Nehit Ashok Solanki, and Aniruddha Narayan Malpani.
The valuation of Redbook is $1.7M as of May 2019.