Closeoutkart

Gurugram, India Founded: 2019 • Age: 7 yrs
Online retailer selling refurbished electronics and apparel at discounts.

About Closeoutkart

Closeoutkart is a Consumer company based in Gurugram (India) founded in 2019. Online retailer selling refurbished electronics and apparel at discounts. It operates on a B2C and D2C model in Consumer and Retail sectors. Closeoutkart offers products and services including Refurbished Mobiles, Refurbished Laptops, and Clothing Items. Its focus areas include Electronics Tech, Refurbished Devices, Online Sales and Fashion. Its legal entity in India is Closeout Hub Private Limited (U72900HR2019PTC080028). Its competitors include Cashify, ReFit Global and TogoFogo; 3 of its 3 listed competitors have raised funding.

Company details

Closeoutkart is an online platform specializing in refurbished mobile phones, laptops, and clothing from brands like Adidas and BIBA. It provides quality-certified products at budget prices with fast delivery and free returns. The site caters to consumers seeking affordable electronics and fashion items, emphasizing high-quality goods through an easy shopping interface. No specific location is mentioned, but it serves general online audiences.

Key Metrics
  • Annual Revenue
    ₹35,191

    FY 2025 · -16% YoY

  • Net Loss
    -₹81,891

    FY 2025 · -233% margin

  • EBITDA
    -₹40,510

    FY 2025 · -115% margin

Products & Services of Closeoutkart

Closeoutkart offers a comprehensive portfolio of products and services, including Refurbished Mobiles, Refurbished Laptops, and Clothing Items.

Refurbished Mobiles
Electronics

Certified mobile phones for various budgets and brands.

Refurbished Laptops
Electronics

Quality laptops from brands like Acer and Asus.

Clothing Items
Apparel

Discounted t-shirts and kurtas from Adidas and BIBA.

Board of directors of Closeout Hub Private Limited (Closeoutkart)

Closeout Hub Private Limited is the primary company behind Closeoutkart. The board of Closeout Hub Private Limited currently have 2 directors; the longest-serving is Sandeep, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Sandeep
DIN 08437769
Director29 Apr 20197 yrs 5 moCloseout Hub Private Limited
Rajbir Singh
DIN 08437768
Director29 Apr 20197 yrs 5 moCloseout Hub Private Limited

Financials of Closeoutkart

Figures of Closeout Hub Private Limited, the primary company behind Closeoutkart, for FY 2025. Revenue was ₹35,191 (-16% year on year). Net loss was -₹81,891 (-233% margin). EBITDA was -₹40,510 (-115% margin). Revenue has grown at a compounded annual rate of -73% over three years and -4% over five years.

  • ₹35,191Revenue · FY 2025 · -16% YoY
  • -₹81,891Net loss · -233% margin
  • -₹40,510EBITDA · -115% margin
  • ₹10 LakhPaid-up capital
  • -73%Revenue CAGR, 3 years
  • -4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Closeout Hub Private Limited are on its company page.

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Detailed financial statements for Closeoutkart

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Competitors of Closeoutkart

Closeoutkart has 3 listed competitors in our database, 3 of them funded. They include Cashify, ReFit Global and TogoFogo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cashify.in2009Gurugram, India$130.05M1,486
Refurbished and new gadgets are offered through an online marketplace.
refitglobal.com2018Delhi, India$241,128
Refurbished consumer electronics are sold via an online platform.
togofogo.com2012Noida, India$86,3973
Hosts a digital marketplace for pre-owned and refurbished gadgets.
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Detailed competitors of Closeoutkart

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Frequently Asked Questions about Closeoutkart

Closeoutkart was founded in 2019.

Closeoutkart is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

The primary company behind Closeoutkart, Closeout Hub Private Limited, reported revenue of β‚Ή35,191 for FY 2025, down 16% year on year.

Closeoutkart is an online platform specializing in refurbished mobile phones, laptops, and clothing from brands like Adidas and BIBA. It provides quality-certified products at budget prices with fast delivery and free returns. The site caters to consumers seeking affordable electronics and fashion items, emphasizing high-quality goods through an easy shopping interface. No specific location is mentioned, but it serves general online audiences.

Closeoutkart's top competitors include Cashify, ReFit Global and TogoFogo.

Closeoutkart offers Refurbished Mobiles, Refurbished Laptops, and Clothing Items.

Closeoutkart operates through Closeout Hub Private Limited.

The legal entities of Closeoutkart currently have 2 directors, including Sandeep, Rajbir Singh.

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