Your browser is currently blocking notification.
Please follow this instruction to subscribe:
X
Notifications are already enabled.
X

Chennai Based AnyCommerce Acquires Online Book Lending platform iLoveRead

Chennai Based AnyCommerce Acquires Online Book Lending platform iLoveRead

Chennai-based AnyCommerce which runs online food ordering platform gograb has acquired iLoveRead.in, a startup that allows one to borrow books online and offers home-delivery and pickup of books.

The financial terms of the deal has been left undisclosed for now.

Launched 5 years back by Amrutash Misra and Sahil Gore and incubated at IIT Madras, iLoveRead has a good customer base in Chennai, especially in the suburbs like Sholinganallur, Tambaram, and Mogappair.

iLoveRead.in’s is the second acquisition by AnyCommerce founded by Senthil Nayagam, who previously cofounded RailsFactory. Previously, it had acquired Food Delivery Network GoGrab.in in September this year. Gograb was founded by Ganesh Raj Mohan & Siva Prakash

“We are in the process of consolidating B2B and B2C ecommerce startups and would want to start operations in 10 cities in the next 18 months. Our Bengaluru operations should be up by January 2015,” said Senthil.

Author

Team Inc42

Inc42 Staff

Inc42 Media is a digital media startup known for its end-to-end coverage of the Indian Startup Ecosystem. Inc42 has published 15,000+ stories so far and touch the lives of over 10 million people every month. Join us and be the part of the startup revolution.

Responses
https://inc42.com/buzz/10-tips-get-google-great-online-shopping-festival/
Loading Next…

Upcoming Events