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Chennai-based self-publishing startup, Notion Press, has raised $1 Mn in Pre-Series A funding from undisclosed HNIs.
The deal will help the platform consolidate its market leadership, strengthen its management team and expand its services in the market.
Naveen Valsakumar, co-founder and CEO, said, “We will be intensifying our coverage across India and fuel our operations internationally as well with these funds. We are launching our US operations in the middle of September and would be launching in three other countries by end of this financial year.”
Notion Press was founded in 2012 by Naveen Valsakumar, Bhargava Adepalley and Jana Pillay. It is a self-publishing platform for Indian writers to publish and sell books around the world in both print and ebook form.
“We are changing the way publishing solutions are provided to authors in India and do not see self-publishing as a pure service-driven business. Our home-grown proprietary technology allows us to automate most parts of the publishing, distribution and book marketing workflow. Our USP is that we treat every book as a startup and the author as its CEO,” explains Valsakumar.
Notion Press is now working on a technology product that will help authors actively promote their work. Apart from its global expansion, it is also looking to offer its services to more Indian languages.
It offers various publishing, book printing, distribution and marketing services to both authors and publishers. Till date it has published over 2000+ authors with a presence in over 100 countries.
Prior to this in June 2016, ebook publisher Matrubharti raised a seed round of funding of about $30K (INR 20 Lakh) from Viridian Capital.
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