Inknibs raises pre-seed round

Inknibs, a hyperlocal marketplace for books, stationery, and toys, has raised Rs 72.5 lakh in its pre-seed round from Amity Technology Incubator, Industrial Finance Corporation of India (IFCI), JSSATE STEP Incubator, and angel investors Sakshi Aswal and Arcchit Agarwal.

The proceeds will be used to enhance its platform, streamline operations, and strengthen its position in the e-commerce market.

Founded by Divyanshu Solanki and co-founded by Prajjwal Sinha and Apail Kapoor, Inknibs claims to have emerged as a preferred destination for individuals 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 their preferences.  

Inknibs has been in the business of manufacturing school essentials for over six years. Now, it has ventured into the online marketplace. It delivers products in 60 minutes in Noida, Greater Noida, and Crossing Republic (Ghaziabad).