Entrepreneur Name – Surabhi Ranjan Rai and Desh Deepak Singh
About the Entrepreneur – Surabhi Ranjan Rai, 26 years old, hails from Gopalganj, and Desh Deepak Singh, also 26 years old, is from Mirzapur.
LinkedIn Profiles
| Surabhi Ranjan Rai | https://www.linkedin.com/in/surabhi-s-rai-69209610b/ |
| Desh Deepak Singh | https://www.linkedin.com/in/desh-deepak-singh-759179193/ |
| Brand Name– | The Big Book Box |
| Brand Website- | https://www.thebigbookbox.com/ |
| Business Category– | Books |
| Company Valuation– | ₹6.25 Crores |
| Equity Asked– | ₹50 Lakhs for 8% Equity |
| Deal Closed– | No. |
| Target City/Country- | India |
| Total Addressable Market – | 500 billion Indian rupees in the year 2019. |
| Product/Services– | Books on subscription service |
About the Product – The companies known as The Big Book Box and Chapter One Books offer two distinct services. Chapter One Books provides users with access to a range of high-quality books at affordable prices.
Meanwhile, The Big Book Box offers a curated selection of four new books each month through a subscription service.
The company has successfully fulfilled over 70,000 orders, including the delivery of more than 300,000 books and merchandise.
Their unique selling point is their ability to provide early access to USA and UK books to Indian readers at reasonable prices before other sellers make them available.
The Big Book Box offers four subscription categories, including Frappe (1 book), Espresso (2 books), Cappuccino (3 books), and Mocha (4 books), with the Espresso pack costing approximately 1,899 rupees.
Subscription plans are available for one, three, and six months, with a yearly subscription, recently introduced.
Conclusion –
Surabhi Ranjan Rai asked ₹50 Lakhs for 8% Equity. None of the sharks were interested in the deal. It concluded in No Deal.
