
About costBo
costBo is a Retail company based in Bengaluru (India) founded in 2016 by Anantha Narayanan Seetharaman and Eswaramoorthy Angusamy. It operates as a multi-category products are offered via an online marketplace platform. costBo has raised $201.68 thousand across 2 funding rounds from investors including 35 North Ventures, India Discovery and Avinash Kumar Wadhwa. costBo was last valued at $2.6 million in March 2022. Its chief executive is Eswaramoorthy Angusamy. Its Indian entity Costbo Services Private Limited reported revenue of ₹12.7 Lakh. costBo offers products and services including ONDC Seller Platform, Quick Commerce Solution, and E-commerce Platform. Its focus areas include Horizontal E-Commerce and Marketplace. Its competitors include Flipkart, Myntra, Nykaa, Amazon and Snapdeal and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Founders Anantha Narayanan Seetharaman, Eswaramoorthy Angusamy
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website costbo.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Costbo Services Private Limited
- Date of Incorporation 02 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹12.7 Lakh
FY 2025 · +212% YoY
- Net Loss-₹59.8 Lakh
FY 2025 · -471% margin
- EBITDA-₹30 Lakh
FY 2025 · -236% margin
- Total Equity Funding$201.68K (USD)
in 2 rounds
- Latest Funding Round$46.51K (USD), Seed
Jan 2023
- Investors35 North Ventures
& 25 more
Associated legal entities of costBo
costBo operates through Costbo Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Costbo Services Private Limited CIN U74999KA2016PTC096228 | Active | 02 Sep 2016 | Bangalore, Karnataka | ₹0.1 Cr | – | 2 | View details |
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
Apps and channels of costBo
costBo publishes 2 mobile apps with over 10K+ downloads; its YouTube channel costBo has 7.7K subscribers and 30 videos.
Videos from costBo
The most watched videos on costBo's YouTube channel, costBo (7.7K subscribers). Click a video to play it here.
More on costBo.
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.
- Total Funding $201,680
- Total Rounds 2
- Last Round Seed — $46,506
- First Round $155,174
(Mar 2022)
- Investors Count 26
All 2 funding rounds of costBo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $46,506 | Seed | – | Amol Nivas Thipse | |
| Mar 2022 | $155,174 | Seed | $2.6M | India Discovery, 35 North Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $2.6M | •••••••• |
Last known valuation $2.6M (Mar 2022). 26 investors in total: 2 institutional and 24 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on pre-series A to series A stage companies | 2016 | 35northventures.com | Mumbai, India | |
- | – | indiadiscovery.tcc.mode | - | |
AK Avinash Kumar Wadhwa | - | – | unknown_2ad1fecd102146d1a | - |
SK Suman Kumar Das | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_12d3adc1867a4c59b | - |
VG Vikram Gupta | - | – | unknown_fbb99e3d8b5b4a90b | - |
RY Rahul Yadav | - | – | unknown_154f1dab52734640a | - |
SS Sunil Sirohi | - | – | unknown_10ab138ccf034d32a | - |
AP Addepalli Pawan Kumar | - | – | unknown_36ea753859984f82a | - |
JV Jeevan Vishwas Ladhe | - | – | unknown_40e41b39e3eb48f6a | - |
HS Harvinder Singh Minhas | - | – | unknown_50eed90abe194102b | - |
Investor details for costBo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Costbo Services Private Limited (costBo)
Costbo Services Private Limited is the primary company behind costBo. The board of Costbo Services Private Limited currently have 2 directors; the longest-serving is Eswaramoorthy, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Eswaramoorthy DIN 07528020 | Director | 02 Sep 2016 | 10 yrs 1 mo | Costbo Services Private Limited |
| Anantha Narayanan Seetharaman DIN 08005449 | Director | 30 Nov 2017 | 8 yrs 10 mo | Costbo Services Private Limited |
People of costBo
2 people are tracked at costBo (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Eswaramoorthy Angusamy | Co-Founder & CEO | Leadership |
Complete people profiles for costBo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of costBo
Figures of Costbo Services Private Limited, the primary company behind costBo, for FY 2025. Revenue was ₹12.7 Lakh (+212% year on year). Net loss was -₹59.8 Lakh (-471% margin). EBITDA was -₹30 Lakh (-236% margin). Revenue has grown at a compounded annual rate of +64% over three years and +101% over five years.
- ₹12.7 LakhRevenue · FY 2025 · +212% YoY
- -₹59.8 LakhNet loss · -471% margin
- -₹30 LakhEBITDA · -236% margin
- ₹1.1 LakhPaid-up capital
- +64%Revenue CAGR, 3 years
- +101%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Costbo Services Private Limited are on its company page.
Detailed financial statements for costBo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of costBo
4 dated milestones of costBo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded costBo is founded.
- Funding First funding round of $155K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $47K.
Competitors of costBo
costBo has 10 listed competitors in our database, 10 of them funded. They include Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. | |
| amazon.com | 1994 | Seattle, United States | $8M | 1,556,000 | Multi-category products are offered through an online marketplace. | |
| snapdeal.com | 2010 | Gurugram, India | $1.77B | 277 | Discounted products across multiple categories are sold online. | |
| wish.com | 2009 | San Francisco, United States | $928.7M | 739 | Online marketplace platform offering multi-category consumer products | |
| shopclues.com | 2011 | Gurugram, India | $248.9M | 193 | Multi-category products are sold via an online marketplace platform. | |
| citymall.live | 2019 | Gurugram, India | $153.38M | 1,597 | Multi-category products are retailed online by CityMall. | |
| meesho.com | 2015 | Bengaluru, India | $1.63B | 46 | Sellers are connected with customers via multi-category e-commerce platform. | |
| fynd.com | 2012 | Mumbai, India | $16.02M | 2,422 | Platform powering online and in-store retail operations using AI-driven tools |
Detailed competitors of costBo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of costBo
The website of costBo (costbo.com) receives about 7.9K visits a month.
- Monthly visits7.9K
▼ 50.8% vs previous month
Top companies in Marketplaces & General E-Commerce
10 companies that operate in the same segment as costBo (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore, Singapore | USD 689.63 M | USD 617.56 M | 21,571 | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | 769,165 | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 114.3 M | USD 1.41 B | 1,782 | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Costbo
Complete news archive for costBo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Seed of $155.17K, raised on Mar 2022.
The primary company behind costBo, Costbo Services Private Limited, reported revenue of ₹12.7 Lakh for FY 2025, up 212% year on year.
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.
costBo operates through Costbo Services Private Limited.
The legal entities of costBo currently have 2 directors, including Eswaramoorthy, Anantha Narayanan Seetharaman.
