NearBook, founded by 20-year-old Sanjay Modi, is connecting buyers and sellers of second-hand books through a simple, commission-free platform.
Direct connections between buyers and sellers—no middlemen inflating prices.
Platform offers option to donate or rent books, making learning accessible to more people.
It has a growing user base—with over 6 lakh app downloads and 40,000 sellers using the platform.
Sanjay’s vision is to build the largest second-hand book network in India, ensuring that knowledge isn’t lost due to affordability issues.
Since NearBook is currently pre-revenue, Sanjay plans to introduce advertising as a revenue source.
Sanjay entered Shark Tank India seeking ₹40 lakh for 20% equity, valuing his business at ₹2 crore.
The sharks appreciated his passion but had serious concerns: Pre-revenue businesses are risky, Scalability issues, Competitive market.
Shark Anupam Mittal did something unexpected—he offered Sanjay the exact deal he came for, ₹40 lakh for 20% equity.
Anupam saw potential beyond revenue numbers: A Founder with True Grit, A Market with Untapped Potential, A Business Rooted in Real Need.