SucSEED Venture Partners Invests in Leadstart Publishing, a Media-tech, Publishing and Distributing Platform

/ -- Leadstart Publishing, a media-tech publishing house, distributor, and rights agency platform, raises funding from SucSEED Venture Partners, Hyderabad-based angel investment network. This Pre-Series A fund raise round of half a million USD (more than INR 3 Crore) was led by Mumbai Angel Network, alongside SucSEED and JITO Angel Network.

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Commenting on the fund raise, Swarup Nanda, CEO & Founder - Leadstart Publishing said, "It was an excellent experience working with SucSEED, which has an investor base of senior techies, accomplished professionals and entrepreneurs. Their process time was the shortest and evaluation of the product the deepest. It was an absolute pleasure working with them. We look forward to deeper engagement with our investors for advisory and mentoring support as well. We shall be using the funds to scale up operations, develop and deploy tech, along with customer acquisitions."
Speaking on why SucSEED has invested in Leadstart Publishing, Saurabh Sharma, an active investor with SucSEED, said, "Leadstart Publishing is utilizing technology-driven, just-in-time printing, improvements in the content based on reader feedback and a unique approach to DIY for authors to self-publish."
"They bring in novelty of ideas, uniqueness and a network of smart, passionate team that wants to bring art and literature with improvements in the readers' hands."
Vikrant Varshney, Co-founder & Partner, SucSEED, said, "Leadstart Publishing features distinguished authors and writing from across the globe. The number of books published is over 950 from 800+ authors as of May 2019. They are targeting to publish 2,300 books in this fiscal year. We see them playing a big role, considering content is emerging as key for publishing, entertainment and OTT sectors. Leadstart has had initial success and this funding could help them achieve sustainable revenue streams too."
About Leadstart Publishing
For publishers, it helps them de-risk their high risk business model. Problem(s) that they are addressing:
About the market Potential in that space
Key investors from earlier rounds
Sandipan Chatopadhayay (founder, MoneyControl.com, Xelpmoc, ex CTO-JustDial) Prasad Panchagnula, India Head of Retail Banking Operations, Offshore Service Centres ANZ Bank Manish Bharadwaj, CEO India at IEWC (a 500 bn US firm) Sunny Nagpal & Amit Gupta + Pool (Co-founders of HTTPool, the world leaders of Ad Networks, represent LinkedIn, Twitter, Quora, Viber in most parts of the world outside of USA. The company is being bought over by Sony International) Vedant Loyalka, Founder Curae Health (Seasoned Startup investor) Yogesh Choudhary, Director Jaipur Rugs (Seasoned Startup investor with over 36 startup investments) About SucSEED Venture Partners