Matrubharti Explained

Matrubharti
Type:
Language:
Owners:-->
Author:
  • Mahendra Sharma
  • Nilesh Shah
Editors:-->
Subsid:
    Commercial:Yes
    Registration:Optional
    Num Users:25Lakh (2.5 Million)
    Current Status:Active
    Content Licence:-->
    Headquarters:Ahmedabad, Gujarat, India

    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] [2] to introduce new writers to readers in the regional space, Mahendra Sharma, who launched Matrubharti at the New Delhi World Book Fair.[4] [5]

    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.[6] and raised another 3.24 crores $32 million from US-based Gujarati angel investors Surya Holdings and Ferrana LLC in 2019.[7]

    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.

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

    References

    1. Web site: 2016-06-13 . eBook publisher Matrubharti raises Rs 20 lakh from Viridian Capital . 2023-09-23 . BusinessLine . en.
    2. Web site: Online Self-publishing Goes Desi . 2023-09-23 . Forbes India . en.
    3. Web site: Ghadyalpatil . Abhiram . 2016-11-18 . A one-stop e-bookshop for writers and readers . 2023-09-23 . mint . en.
    4. Web site: 2018-09-16 . Spotlight: India has more regional language users than English; Startups try to bridge gap . 2023-09-23 . Financialexpress . en.
    5. News: Shaikh . Shadma . 2016-07-18 . Who said Indians won’t pay for E-books . The Economic Times . 2023-09-25 . 0013-0389.
    6. News: 2016-06-14 . Ahmedabad-based eBook publisher Matrubharti raises Rs 20 lakh from Viridian Capital . The Times of India . 2023-09-23 . 0971-8257.
    7. News: Dutta . Vishal . 2019-10-03 . Matrubharti raised Rs 3.24 crore in Angel fund round . The Economic Times . 2023-09-23 . 0013-0389.