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NearBook on Shark Tank India: Offering Online Market Place for Exchanging Books

NearBook founder Sanjay Kumar appeared on Shark Tank India season 4 in episode 31 for seeking an offer of ₹ 40 lakhs for 20% equity at the valuation of ₹ 2 Cr. How does this deal close here?

By Saroj Kumawat
New Update
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NearBook appeared in Shark Tank India Season-4  in Episode 31. Jaipur-based NearBook is an online marketplace for exchanging books. NearBook is a selling books app that connects book lovers. On this app, people can buy, sell, and give on rent old books and buy new books. People find thousands of books in different genres, formats, and languages with affordable budgets.

Sanjay Kumar is the founder of NearBook. His dedication to quality, creativity, and customer satisfaction is at the heart of NearBook's success. At Shark Tank India, he was seeking an offer of ₹ 40 lakhs for 20% equity at the valuation of ₹ 2 Cr. 

 Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.

NearBook Valuation, Funding, and Company Profile

  

Company 

NearBook 

Valuation 

INR 2 Cr.

Founder

Sanjay Kumar 

Headquarters 

Jaipur, Rajasthan

Founding Year 

2020
Industry Education

Profitability 

No

Got Investment 

Yes

Conclusion - NearBook Shark Tank India

It was an engaging episode at Shark Tank India - Season 4 with all sharks: Kunal Bahl, Ritesh Agarwal, Anupam MittalNamita Thapar and Vineeta Singh, where he secured a deal of ₹ 40 lakhs for 20 % equity at the valuation of ₹ 2 Cr. with Shark Anupam Mittal and received valuable mentorship to help grow their business NearBook. Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges. 

Also read-  Best Business Ideas Under 5 Lakhs in India for 2025.