Inknibs Raises Seed Funding to Expand Hyperlocal Marketplace Presence
- ByStartupStory | March 5, 2024
Inknibs, a hyperlocal marketplace catering to books, stationery, and toys, has secured Rs 25 lakh in its seed funding round from investors including Amity Technology Incubator, Industrial Finance Corporation of India (IFCI), JSSATE STEP Incubator, and angel investors Sakshi Aswal and Arcchit Agarwal.
According to founder Divyanshu Solanki, “The proceeds will be used to enhance our platform, streamline operations, and strengthen our position in the e-commerce market.” Inknibs has positioned itself as a preferred destination for consumers seeking high-quality books, stationery supplies, and toys.
Through its hyperlocal approach, the platform connects customers with local vendors, offering a curated selection of products tailored to individual preferences.
With over six years of experience in manufacturing school essentials, Inknibs has now expanded into the online marketplace, facilitating delivery within 60 minutes in Noida, Greater Noida, and Crossing Republic (Ghaziabad).
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