About Ridibooks
Ridibooks is a company based in Seoul (South Korea) founded in 2009.. Ridibooks has raised $28 million across 2 funding rounds from investors including Atinum Investment, Company K Partners and Praxis Capital Partners. Ridibooks offers products and services including Webtoon Platform, Web Novel Service, and E-book Service. Ridibooks operates in a competitive market with competitors including Dashtoon, Toonsutra, comiXology, Azuki and Toomics, among others.
- Headquarter Seoul, South Korea
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ridi Corp.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$28 M (USD)
in 2 rounds
-
Latest Funding Round
$20 M (USD), Series C
Jun 14, 2017
-
Investors
Atinum Investment
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ridibooks
Ridibooks offers a comprehensive portfolio of products and services, including Webtoon Platform, Web Novel Service, and E-book Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for streaming and purchasing webtoons online.
Platform for reading and buying web novels digitally.
Tool for accessing and downloading e-books.
Funding Insights of Ridibooks
Ridibooks has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in June 2017. 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 Series C — $20.0M
-
First Round
First Round
(03 Dec 2014)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series C - Ridibooks | Valuation | Praxis Capital Partners , Shinhan Financial Group | |
| Dec, 2014 | Amount | Series B - Ridibooks | Valuation | Shinhan Venture Investment |
| 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 |
Investors in Ridibooks
Ridibooks has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Atinum Investment, Company K Partners and Praxis Capital Partners. 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 |
|---|---|---|---|---|
|
A private equity firm based in Seoul, Korea, is operated.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in tech startups
|
Founded Year | Domain | Location | |
|
Private equity & venture capital firm
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ridibooks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ridibooks
| 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 |
Ridibooks Comparisons
Competitors of Ridibooks
Ridibooks 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 Dashtoon, Toonsutra, comiXology, Azuki and Toomics, 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 |
A platform for creating and reading digital comics is provided.
|
|
| domain | founded_year | HQ Location |
App-based comic book reading platform
|
|
| domain | founded_year | HQ Location |
Digital comics are delivered via cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Azuki is operated as a digital manga subscription platform.
|
|
| domain | founded_year | HQ Location |
Comics and webtoons are accessed through a digital reading platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ridibooks
Frequently Asked Questions about Ridibooks
When was Ridibooks founded?
Ridibooks was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is Ridibooks located?
Ridibooks is headquartered in Seoul, South Korea.
Is Ridibooks a funded company?
Ridibooks is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a Series B of $8M, raised on Dec 03, 2014.
What does Ridibooks do?
Ridibooks was established in 2009 in Seoul, South Korea, within the digital publishing sector. A platform is operated for users to access, browse, and purchase electronic books, comics, and novels across genres like romance, fantasy, and action. Support is extended to multiple digital formats, enabling reading experiences on various devices. Operations focus on content distribution in the Korean market.
Who are the top competitors of Ridibooks?
Ridibooks's top competitors include Dashtoon, Toonsutra and Graphic India.
What products or services does Ridibooks offer?
Ridibooks offers Webtoon Platform, Web Novel Service, and E-book Service.
Who are Ridibooks's investors?
Ridibooks has 7 investors. Key investors include Atinum Investment, Company K Partners, Praxis Capital Partners, Shinhan Financial Group, and Premier Partners.