Rs 72.5 Lakhs Pre-seed funding raised by hyperlocal books marketplace Inknibs

A pre-seed round of funding totalling Rs 72.5 lakh was raised by Inknibs, a hyperlocal marketplace that sells books, stationery, and toys. The investors included angel investors Sakshi Aswal and Arcchit Agarwal, Amity Technology Incubator, Industrial Finance Corporation of India (IFCI), and JSSATE STEP Incubator.

Its platform will be improved, operations will be streamlined, and its position in the e-commerce market will be strengthened with the proceeds.

Inknibs, a company founded by Divyanshu Solanki with assistance from Prajjwal Sinha and Apail Kapoor, asserts that it has become a favoured location for people looking for toys, stationery, and books of superior quality.

The hyperlocal approach of the platform facilitates the connection between customers and local vendors, providing a customized selection of products based on their preferences.

For more than six years, Inknibs has been producing necessities for schools. It has now entered the virtual marketplace. In Noida, Greater Noida, and Crossing Republic (Ghaziabad), it delivers goods in sixty minutes.