Pratilipi - Stories, Touching Millions Of Lives

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People love reading novels, stories, magazines, poems, essays, etc. There are people in the world, who go to libraries in his/her free time to read books. Now, the question arises why? Because there are many things to do apart from reading. These kind of people actually love reading books. They are attached to various collections and verses.

But now, in today's life, you need not go out and search for your favourite books. Pratilipi is present to provide you with emotions and thoughts. It brings both the readers as well as the writers under the same canopy. Read the Pratilipi success story below.

Pratilipi - Company Highlights

Startup Name Pratilipi
Headquarters Bengaluru, Karnataka, India
Sector Digital Media
Founders Ranjeet Pratap Singh, Sahradayi Modi, Sankaranarayanan Devarajan, Rahul Ranjan and Prashant Gupta
Founded 2014

Pratilipi - About
Pratilipi - Startup Story
Pratilipi - Founders And Team
Pratilipi - Logo
Pratilipi - Business Model
Pratilipi - Revenue Model
Pratilipi - Funding And Investors
Pratilipi - Growth
Pratilipi - Competitors
Pratilipi - Future Plans

Pratilipi - About

The company is the largest digital platform for readers as well as writers. Both are found together in a common platform. It is an AudioBooks portal based in Bengaluru, Karnataka, India. Collections are available in several languages like Gujarati, Urdu, Hindi, Malayalam, English, Kannada, Bengali and Marathi. Pratilipi has around 2 crore users. The word 'Pratilipi' is derived from a Sanskrit word meaning 'copy'.

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Pratilipi - Startup Story

Ranjeet Pratap Singh in his interview says that once anybody starts reading books through its characters and story, one can live many lives. Pratilipi is a Sanskrit word which means to copy. So, the founders selected the name Pratilipi because the readers can read the stories and can become a good, bad or an adventurous man as it is written in the story. The idea behind Pratilipi was to make available content in almost all languages of India so that everybody is compatible with their own language and nobody misses a chance that, 'I don't know this language. So, I was unable to read the story'.

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Pratilipi - Founders And Team

Ranjeet Pratap Singh, Sahradayi Modi, Sankaranarayanan Devarajan, Rahul Ranjan and Prashant Gupta are the founders of the company Pratilipi.

  • Ranjeet Pratap Singh is the CEO and the co-founder of the company Pratilipi. He started his career as an Area Sales Manager of Vodafone.
  • Sahradayi Modi is the product manager and the co-founder at Pratilipi. She started her career as a Channel Manager at Vodafone India.
  • Sankaranarayanan Devarajan is the cofounder of Pratilipi. He started his career as a Management Trainee at Vodafone. He was also an Analyst and Trader at Capstone Securities Analysis Pvt Ltd.
  • Rahul Ranjan is the Tech CoFounder at Pratilipi. He began his career as a Systems Engineer at Tata Consultancy Services.
  • Prashant Gupta was the co-founder and CTO at Pratilipi. Now, he is the co-founder, CTO and COO at Hubblestellar Technologies.
Sahradayi Modi, Prashant Gupta, Ranjeet Pratap Singh, Sankaranarayanan Devaranjan and Rahul Ranjan (left to right), Founders, Pratilipi 
Logo, Pratilipi

Pratilipi - Business Model

As it is mentioned above, the meaning is copy and it is a place for both readers as well as writers. Pratilipi serves all the book worms at any place and at any time. No carrying of books anywhere anymore. The mission is to please the customers through the content. There are 0 compatibility problems because of the languages. This was the plan of the founders to bring both together and provide everything to its consumers. The stories are heart touching. Profits can be made in different contexts. The most interesting part is, the users no more have to download big files and face format issues. The company has got 20% of the contexts present in Hindi and 15% available in the rest of the mentioned languages.

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Pratilipi - Revenue Model

The company is making money with the help of new writers and Indian authors. There are authors who even want to sell their books through Pratilipi. In this case, the company earns up to 70%.

Pratilipi - Funding And Investors

The company has raised a total amount of $40.4 million in funding over the 6 funding rounds.

Date Transaction Name Money Raised Lead Investor
April 30, 2020 Series C Rs 706.8 million Tencent Holdings
April 15, 2020 Series C $10.6 million -
June 6, 2018 Series B Rs 1.1 billion Qiming Venture Partners
February 5, 2018 Series A $4.3 million Omidyar Network
June 28, 2016 Seed Round $925, 000 -
March 1, 2015 Seed Round $50, 000 -

Pratilipi is funded by 12 investors. Omidyar Network is the most recent investor.

Pratilipi - Growth

Pratilipi is a vernacular storytelling platform. The company has recorded rapid growth in this year 2020. The app which consists of self-publishers has seen 20 million monthly users. In February 2020, the company had 10 million active users. But five months later the numbers changed and in June 2020, it had 20 million active users as mentioned above. This data proves that the company is growing at a faster rate. This was claimed by Ranjeet Pratap Singh, CEO and the co-founder of the company. Pratilipi brought new products to the market. Which is why the company saw this huge change.

Pratilipi - Competitors

The top competitors of the company are Elix, NYC, Wccftech and Moblog.

  • Elix is a platform which provides an online news portal. The company was founded in 1999. It is a private company.
  • NYC is a service mark and trademark of New York City. It is a private company.
  • Wccftech is a company which is developing a media platform. The company was founded in 2004. It is a private company.
  • Moblog is a phone blogging community. This site provides online and mobile web blogging utilities for its clients. The company was founded in 2006. It is a private company.

Pratilipi - Future Plans

The company is having no plans towards monetizing the platform in the future. But Ranjeet Pratap Singh says that he have some theory to generate more revenue in the coming days. Pratilipi will only be able to do this task when a survey will be conducted by the team. It has already taken place. And Ranjeet Pratap Singh has got plans to predict the next 50 Shades of Grey or Harry Potter. These kinds of bestsellers will help the company to generate more capital. Ranjeet Pratap Singh says,

'this model will work when the actual time comes'.
Author image

About Purbalee Dutta

I am a content writer. Delivering information about various companies is my supreme goal. I write in a way which makes me as well as my audiences feel a unique connection.
  • Siliguri, West Bengal
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