Matrubharti
Type of site
Available in
FoundedFebruary 2015 (2015-02)
HeadquartersAhmedabad, Gujarat, India
Created by
  • Mahendra Sharma
  • Nilesh Shah
Subsidiaries
    URLmatrubharti.com
    CommercialYes
    RegistrationOptional
    Users25Lakh (2.5 Million)
    Current statusActive

    Matrubharti is an Ahmedabad based free self publishing online portal. that allows users to read and publish original stories, biographies, articles, novels, poetry in Indian regional languages by directly obtaining content from authors and publishing it as eBooks[1] in six languages of India including Gujarati ,Hindi , Tamil , Marathi, Malayalam, Bengali , Kannada and Telugu.[2]

    History

    It is founded in February 2015,[3][4] to introduce new writers to readers in the regional space, Mahendra Sharma, who launched Matrubharti at the New Delhi World Book Fair.[5][6]

    In the initial stage, it was a self-funded platform but thereafter the creators raised funding Rs 20 lakh from Viridian Capital, in March 2015.[7] and raised another 3.24 crores $32 million from US-based Gujarati angel investors Surya Holdings and Ferrana LLC in 2019.[8]

    Since 2015, the Ahmedabad-based company The Times of India, Mint mentioned that, "Matrubharti has helped more than 20000 authors registered and have published 4,350 eBooks and 8..5 lakhs of eBooks downloaded.[3][7]

    The platform claims that it has over 2.5 Million registered and 250,000 users.[8]

    References

    1. "eBook publisher Matrubharti raises Rs 20 lakh from Viridian Capital". BusinessLine. 2016-06-13. Retrieved 2023-09-23.
    2. "Online Self-publishing Goes Desi". Forbes India. Retrieved 2023-09-23.
    3. 1 2 Ghadyalpatil, Abhiram (2016-11-18). "A one-stop e-bookshop for writers and readers". mint. Retrieved 2023-09-23.
    4. "Online Self-publishing Goes Desi". Forbes India. Retrieved 2023-09-23.
    5. "Spotlight: India has more regional language users than English; Startups try to bridge gap". Financialexpress. 2018-09-16. Retrieved 2023-09-23.
    6. Shaikh, Shadma (2016-07-18). "Who said Indians won't pay for E-books". The Economic Times. ISSN 0013-0389. Retrieved 2023-09-25.
    7. 1 2 "Ahmedabad-based eBook publisher Matrubharti raises Rs 20 lakh from Viridian Capital". The Times of India. 2016-06-14. ISSN 0971-8257. Retrieved 2023-09-23.
    8. 1 2 Dutta, Vishal (2019-10-03). "Matrubharti raised Rs 3.24 crore in Angel fund round". The Economic Times. ISSN 0013-0389. Retrieved 2023-09-23.
    This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.