Technology Driven publishing platform, Invincible Publishers has raised a bridge Capital from Klub in its first round. The funds will be invested to fuel expansion by focusing on marketing and distribution and acquisition of more content creators.
Invincible provides a comprehensive platform automating the process of launching books and online courses through a single platform. With 500+ content creators onboard which include Youtubers, Influencers, top educators from Unacademy and classplus, Invincible is known for its distribution of books in Tier 2 and Tier 3 cities, and focusses on Non-fiction and Educational content in Test Prep segment. Invincible Learning app has 40000+ learners with 500+ courses listed under it.
Invincible creates opportunities for content creators to get their work out into hybrid and increasingly diverse print-and-digital ecosystem.
With a plan to invest $700K in Marketing and Distribution, Invincible expects 3X growth this year”.
“Over the last 2 years, we have received numerous book publishing requests from teachers who are teaching on big Ed-tech platforms. Indian Education Industry can’t survive without books regardless whatever amount of Investment and efforts we put in online Education. We are thankful to Klub for their trust in Invincible”, said Sagar Setia, Co-founder Invincible Publishers.
Klub, a fintech platform that provides flexible growth capital, has raised $20 million (about Rs 150 crore) as a part of its new funding from investors US-based Alter Global and Japan-based GMO VenturePartners with Existing Investors 9Unicorns, and Sequoia Capital India’s accelerator program, Surge.