About costBo
costBo is a company based in Bengaluru (India) founded in 2016 by Anantha Narayanan Seetharaman and Eswaramoorthy Angusamy. costBo has raised $201.68 thousand across 2 funding rounds from investors including 35 North Ventures, India Discovery and Avinash Kumar Wadhwa. costBo offers products and services including ONDC Seller Platform, Quick Commerce Solution, and E-commerce Platform. costBo operates in a competitive market with competitors including Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
- Headquarter Bengaluru, India
- Founders Anantha Narayanan Seetharaman, Eswaramoorthy Angusamy
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Costbo Services Private Limited
- Date of Incorporation 02 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.51 K (USD)194.01as on Mar 31, 2022
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Net Profit
-$60.55 K (USD)-58.63as on Mar 31, 2022
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EBITDA
-$60.16 K (USD)-59.74as on Mar 31, 2022
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Total Equity Funding
$201.68 K (USD)
in 2 rounds
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Latest Funding Round
$46.51 K (USD), Seed
Jan 05, 2023
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Investors
35 North Ventures
& 25 more
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Employee Count
Not available
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Products & Services of costBo
costBo offers a comprehensive portfolio of products and services, including ONDC Seller Platform, Quick Commerce Solution, and E-commerce Platform.
Platform for selling products via ONDC with quick delivery options
Enables ultra-fast deliveries for various product categories
Integrated system for catalog and order handling on websites
Funding Insights of costBo
costBo has successfully raised a total of $201.68K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $46.51 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in costBo
costBo has secured backing from 26 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include 35 North Ventures, India Discovery and Avinash Kumar Wadhwa.
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Venture capital fund focused on pre-series A to series A stage companies
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Avinash Kumar Wadhwa |
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Investor details for costBo
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Investments & Acquisitions by costBo
Investment portfolio details for costBo
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - costBo
Detailed financials for costBo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
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Costbo Comparisons
Peer comparison for costBo
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- Named peers
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Competitors of costBo
costBo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
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Multi-category consumer products are offered via an online marketplace platform.
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Fashion and lifestyle products are offered via an online marketplace.
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Cosmetics, skincare, haircare, and wellness products are retailed online.
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Multi-category products are offered through an online marketplace.
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Discounted products across multiple categories are sold online.
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Online marketplace platform offering multi-category consumer products
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Detailed competitors of costBo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Costbo
Complete news archive for costBo
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Frequently Asked Questions about costBo
costBo was founded in 2016 and raised its 1st funding round 6 years after it was founded.
costBo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Eswaramoorthy Angusamy is the current CEO of costBo. They have also founded this company.
costBo is a funded company, having raised a total of $201.68K across 2 funding rounds to date.
Annual revenue of costBo is $3.51K as on Mar 31, 2022.
CostBo was established in 2016 in Bengaluru, India, as an e-commerce platform. Diverse products are listed across categories such as electronics, home and kitchen goods, healthcare items, beauty products, groceries, and food. Operations are supported by a mobile application compatible with Android and iOS devices. The platform functions as a digital hub for consumer purchases in the retail sector.
costBo offers ONDC Seller Platform, Quick Commerce Solution, and E-commerce Platform.
costBo has 26 investors. Key investors include 35 North Ventures, India Discovery, Avinash Kumar Wadhwa, Suman Kumar Das, and Vikram Gupta.
The valuation of costBo is $2.6M as of Mar 2022.