Indian Startup ‘Woodpie’ Gets Selected For US Accelerator Program; Gets $30K Seed Funding

Bangalore-based book review and recommendation startup, Woodpie, has been selected to participate in a 14-week-long business building program as a part of ‘1440 Accelerator for Publishing Innovation’. Ingram Content Group and the Nashville Entrepreneur Centre sponsor the accelerator.

As part of the program, Woodpie will receive $30K in seed funding in exchange for 7% equity in the company.

John Ingram, chairman and CEO of Ingram Content Group said, “We look forward to helping these entrepreneurs grow and establish their ideas and products through the 1440 Accelerator, as we all work together to create the future of publishing through innovation.”

Founded by Anuradha Bajpai and Manoj Jindal, Woodpie, is a social platform where readers can discover books, review books and also connect with other readers and exchange books. It was launched in private beta mode (invitation only) in August 2012. The platform was made public in December 2014.

Woodpie lets readers make bookshelves and wish lists. Readers on the platform are encouraged to exchange books. People can see what their friends are reading and read their recommendations. The startup currently has 10,000 users in 35 countries and 310 cities in India.

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