# Pressmart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pressmart

- Industry: Internet
- Headquarters: Hyderabad, India
- Website: www.pressmart.com
- Total disclosed funding: $6.4M
- Latest round: Series A (Aug 28, 2008)
- Investors on record: 2

## About

Pressmart is a digital publishing solutions provider, specializing in transforming traditional media into online platforms through innovative products aimed at enhancing content distribution and monetization.Founded in 2006 in Hyderabad, India, Pressmart offers digital publishing solutions that cater to newspapers, magazines, and corporate publications. The company secured INR 274.6 million in Series A funding from Draper Fisher Jurvetson and Kalaari Capital in August 2008, with a total amount raised of INR 274.6 million and a current valuation of INR 549.199 million.Pressmart specializes in comprehensive digital publishing solutions, aimed at transforming traditional media into online platforms. Their primary offerings include the ePaper, eMagazine, ePortal, eArchive, and Mobile Apps, which collectively support newspapers, magazines, journals, and corporate publications. These products facilitate the distribution of content across multiple formats, including web, mobile, and e-reader applications, while also providing features such as RSS feeds and podcasts. Pressmart's solutions are designed to enable clients to preserve, present, and monetize their legacy publications on advanced digital platforms. Their client base includes a diverse range of publishing companies globally, with significant markets in Europe, North America, and Asia, reflecting a wide-ranging service capability that caters to the needs of various content creators and distributors.In the most recent fiscal year in 2017, Pressmart generated revenue of INR 248,704.7 thousand, with an EBITDA of INR -48,465 thousand. The company generates revenue through a structured model that includes subscriptions, partnerships, and direct sales to businesses in the publishing sector. Clients pay for access to Pressmart’s flagship products, such as eReplica and ePortal, which allow for same-as-print digital editions and advanced news website functionalities. The company establishes its pricing structure based on the specific services utilized, fostering partnerships that enhance revenue generation for both Pressmart and its clients.Pressmart plans to leverage its recent Series A funding to enhance its product offerings and expand into new geographic regions. The company aims to introduce new features and functionalities in its existing products to better serve its clients and is targeting growth in European and North American markets by 2025. The funds raised in August 2008 are intended to support these strategic initiatives.

## Funding rounds

- Series A, Aug 28, 2008, $6.4M — Draper Fisher Jurvetson, Kalaari Capital

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A