Inknibs, a burgeoning hyperlocal marketplace selling books, stationery, and toys, has successfully secured Rs 72.5 lakh in its pre-seed funding round. The investment, led by Amity Technology Incubator, Industrial Finance Corporation of India (IFCI), JSSATE STEP Incubator, and prominent angel investors Sakshi Aswal and Arcchit Agarwal, marks a significant milestone for the company’s growth trajectory.

The capital infusion is earmarked for amplifying the platform’s technological infrastructure, streamlining operational processes, and fortifying its market presence within the competitive e-commerce landscape.

Co-founded by Divyanshu Solanki, Prajjwal Sinha, and Apail Kapoor, Inknibs has swiftly positioned itself as the go-to destination for discerning consumers seeking top-tier books, stationery supplies, and toys. The platform seamlessly bridges the gap between customers and local vendors, leveraging a hyperlocal approach and offering a meticulously curated array of products tailored to individual preferences.

With over six years of extensive experience manufacturing school essentials, Inknibs has seamlessly transitioned into the online marketplace arena. The company continues to redefine convenience and accessibility for its growing customer base, offering swift delivery services, with products reaching doorsteps within 60 minutes in Noida, Greater Noida, and Crossing Republic (Ghaziabad).

The pre-seed funding round validates Inknibs’ disruptive business model and underscores investor confidence in the platform’s potential to revolutionize the hyperlocal retail landscape. With a steadfast commitment to innovation and customer-centricity, Inknibs is poised to chart new heights of success in the burgeoning e-commerce domain.