Inknibs, a hyperlocal marketplace specializing in books, stationery, and toys, has secured Rs 72.5 lakh in a pre-seed funding round backed by a consortium of institutional and angel investors, including Amity Technology Incubator, Industrial Finance Corporation of India (IFCI), JSSATE STEP Incubator, as well as individuals Sakshi Aswal and Arcchit Agarwal.

Co-founded by Divyanshu Solanki, Prajjwal Sinha, and Apail Kapoor, Inknibs adopts a hyperlocal approach, facilitating direct connections between customers and nearby vendors. This unique model fosters personalized shopping experiences, presenting a curated assortment of books, stationery supplies, and toys tailored to individual preferences. The capital infusion will be allocated across several strategic areas.

Inknibs aims to bolster its platform’s capabilities, optimize operational processes, and consolidate its standing in the competitive e-commerce sector. What sets Inknibs apart is its hyperlocal ethos, which not only supports local enterprises but also ensures swift delivery times. Notably, this approach fosters community engagement while guaranteeing rapid delivery, with the company currently committing to a 60-minute delivery timeframe in select regions, including Noida, Greater Noida, and Crossing Republic (Ghaziabad).