NearBook is a revolutionary used books selling app that connects book lovers across the world. Whether you’re looking to sell your old books or buy pre-owned ones, NearBook provides a seamless platform to explore thousands of books across different genres, languages, and formats. NearBook Shark Tank India Season 4 Pitch secured a major investment, helping them scale their business and expand their reach.
Know about NearBook
NearBook is a book marketplace designed for easy buying and selling of used books, ensuring affordability and sustainability. Key features include:
- Buy & Sell Books: A vast collection of pre-owned books across various genres and languages.
- Affordable Prices: Allows readers to access books at lower costs.
- Sustainability Focus: Promotes reusing books, reducing waste, and making reading more accessible.
NearBook mission is to build a global community of book lovers while making reading more affordable and environmentally friendly.
You can also check the Sudathi Shark Tank India Season 4 pitch.
NearBook Shark Tank India Season 4 Pitch
On Shark Tank India Season 4, the founders of NearBook presented their vision of a second-hand book marketplace that benefits both buyers and sellers. Their focus on affordability, accessibility, and sustainability impressed the Sharks.
Investment Details
| Company | NearBook |
| Founders | Sanjay Kumar |
| Website | https://www.nearbook.app/ |
| Season | Shark Tank India Season 4 |
| Original Ask | ₹ 40 Lakhs for 20% Equity at a ₹2 Crore Valuation |
| Investment Secured | Yes |
| Deal | ₹ 40 Lakhs for 20% Equity |
| Investor | Anupam Mittal |
NearBook Winning Moment
Anupam Mittal saw NearBook’s potential to disrupt the used book market and invested ₹ 40 Lakhs for 20% equity. This investment will help the company enhance its platform, improve logistics, and expand its user base.
Why NearBook Stands Out
- Affordable & Sustainable: Makes books more accessible while promoting eco-friendly reading habits.
- Easy-to-Use Platform: Simple interface for buyers and sellers.
- Growing Market Demand: Rising interest in cost-effective and sustainable book options.
What’s Next for NearBook?
With investment from Anupam Mittal, NearBook plans to:
- Expand its book inventory to include more diverse genres and rare finds.
- Enhance its mobile app and website for a smoother user experience.
- Strengthen its logistics to facilitate faster and more reliable book deliveries.
FAQs
What is NearBook’s primary service?
NearBook is a used books marketplace that connects buyers and sellers, making books more affordable and accessible.
Who invested in NearBook on Shark Tank India?
Anupam Mittal invested ₹ 40 Lakhs for 20% equity during Shark Tank India Season 4.
How much funding did NearBook originally ask for?
The founders initially asked for ₹ 40 Lakhs in exchange for 20% equity at a valuation of ₹2 Crore.
What makes NearBook unique?
NearBook stands out for its affordable book marketplace, sustainability focus, and easy-to-use platform.
