| Business Basics |
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| Company Name |
Librarywala.com |
| Founded in |
2007 |
| Headquartered in |
Mumbai |
| Company website/URL |
www.librarywala.com |
| Industry |
IT/ Internet/ Software |
| Stage of the company |
Scaling up |
| Source of idea |
Built hobby into a business |
| Partnerships & Tie-ups |
Mypalador, Sulekha, Pagalguy, Café Coffee Day Express, Axis Bank, Surat Diamonds,
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| Business description |
| Librarywala provides a wide selection of books to readers at a low cost and at their convenience. |
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| How does the business make money? |
| Members subscription, Advertisement, Value Added New Service Offering
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| Team information |
Hiten Dedhia, Chairman
Dhairyasheel Pawar, Director
Shibanarayan Rath, Director
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| Competition |
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| Competitors |
Bookmeabook.com, Fusionrental.com, Frindsofbooks.com, Crossword, Landmark, local book libraries
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| How different is your product or service? It has... |
Substitutes that differ in function |
| In what way is your product or service different? |
Librarywala.com is different from its competitors in terms of its service offerings, scale of operations, collection of books
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
0-5 |
26-50 |
| No. of locations |
0-1 |
2-5 |
| No. of customers |
0-1 |
over 50 |
| Turnover |
pre revenue |
11-50 lacs |
| Profits |
preprofit |
breakeven |
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| Primary source of initial funding |
Personal savings |
| Primary source of additional funding |
Family & friends |
| Raised institutional capital? |
No |
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| Why is this startup hot? |
| Busy life, packed roads, match box size apartments, increasing prices, lack of choice are the many reasons for "NO BOOK SYNDROME". But librarywala.com is a venture, aiming to support the hobby of READING and we want to make people start reading again. |
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| What keeps the team awake at night? |
| Strive to become a partner in reading by providing best customer service and need to be always one step ahead of the competition
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