About IBO
IBO is a Real Estate & Construction company based in Bengaluru (India) founded in 2020. IBO is recognized as Indias largest omnichannel retailer for home building and improvement products. It operates on a Direct-to-Consumer (D2C) and Two-Sided Marketplace model in Real Estate & Construction, Retail, and Consumer sectors. IBO has raised $539.39 thousand across 2 funding rounds from investors including WestBridge Capital, Konark Trust and MMPL Trust. The company has 202 employees. IBO was last valued at $68.07 million in August 2021. Its chief executive is Mayank Shivam. Its website ibo.com draws about 205 thousand monthly visits. Its Indian entity Ebo Mart Private Limited reported revenue of ₹118 Cr. IBO offers products and services including Tiles, Paints, Electricals, and Hardware. Its focus areas include Home Improvement and Building Materials. Its competitors include Birla Pivot, BuildSuvidha, Flaer Homes, Studio Bush and Urban Hardwares and 3 more.
Company details
IBO is established as Indias largest omnichannel retail chain specializing in home building and improvement products. A wide range of categories including tiles, paints, electricals, hardware, and plumbing materials are offered. Products from top brands are sourced directly from manufacturers or certified vendors, ensuring competitive pricing. Solutions are provided through both online platforms and physical stores across major cities in India. The retail sector is primarily targeted, catering to homeowners, contractors, and professionals with bulk order options and doorstep delivery.
- Headquarters Bengaluru, India
- Employees 202
- Stage Minicorn
- SectorsReal Estate & ConstructionRetail Consumer
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website ibo.com
- Social LinkedIn X Facebook Instagram
- Legal Name Ebo Mart Private Limited
- Date of Incorporation 21 Oct, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹118 Cr
FY 2025 · +55% YoY
- Net Loss-₹58.98 Cr
FY 2025 · -50% margin
- EBITDA-₹54.60 Cr
FY 2025 · -46% margin
- Total Equity Funding$539.39K (USD)
in 2 rounds
- Latest Funding Round$539.39K (USD), Seed
Aug 2021
- InvestorsWestBridge Capital
& 2 more
- Employee Count202
Associated legal entities of IBO
IBO operates through Ebo Mart 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 |
|---|---|---|---|---|---|---|---|
| Ebo Mart Private Limited CIN U74999KA2020PTC140032 | Active | 21 Oct 2020 | Bangalore, Karnataka | ₹118 Cr | 202 | 4 | View details |
Products & Services of IBO
IBO offers a comprehensive portfolio of products and services, including Tiles, Paints, Electricals, and Hardware.
Tiles are offered for flooring and wall applications.
Paints are provided for interior and exterior use.
Electricals are supplied for various household wiring needs.
Hardware is available for construction and fitting purposes.
Apps and channels of IBO
IBO publishes 1 mobile app with over 100K+ downloads.
Funding Insights of IBO
IBO has successfully raised a total of $539.39K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $539.39 thousand completed in August 2021. 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 $539,388
- Total Rounds 2
- Last Round Seed — $539,388
- Investors Count 3
All 2 funding rounds of IBO 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 |
|---|---|---|---|---|---|
| Aug 2021 | $539,388 | Seed | $68.07M | Konark Trust | |
| Jun 2020 | – | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $68.07M | •••••••• |
Last known valuation $68.07M (Aug 2021). 3 investors in total: 3 institutional.
Investors in IBO
IBO has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include WestBridge Capital, Konark Trust and MMPL Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are targeted by Konark Trust venture capital firm. | – | konarktrust.tcc.mode | Bengaluru, India | |
Venture capital is provided to multiple sectors by MMPL Trust. | – | mmpltrust.tcc.mode | Bengaluru, India | |
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius |
Investor details for IBO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Ebo Mart Private Limited (IBO)
Ebo Mart Private Limited is the primary company behind IBO. The board of Ebo Mart Private Limited currently have 3 directors; the longest-serving is Sandeep Singhal, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Singhal DIN 00040491 | Director | 21 Oct 2020 | 5 yrs 11 mo | Ebo Mart Private Limited |
| Karthik Natarajan DIN 08420500 | Nominee Director | 05 May 2023 | 3 yrs 5 mo | Ebo Mart Private Limited |
| Mayank Shivam DIN 02745777 | Whole-time director | 24 Feb 2025 | 1 yr 7 mo | Ebo Mart Private Limited |
People of IBO
30 people are tracked at IBO (12 in leadership, 18 in team); the tracked headcount is 202.
| Name | Role | Group |
|---|---|---|
Rubina Aman | Director - Human Resources | Leadership |
| CEO | Leadership | |
Vrinda Makhija | Creative Director | Leadership |
Abhijit Deshmukh | Chief Technology Officer | Leadership |
Puneet Gupta | Executive Vice President (founding Team) | Leadership |
Nipun Thakur | Executive Vice President & SBU Head | Leadership |
Abhishek Jindal | Chief Financial Officer | Leadership |
Mahipal Saran | Director | Leadership |
Rabindranath Sahu | Head Planogram, Store Planning, Merchandising | Leadership |
Sunil Kumar | Associate Director - Lumber & Adhesive | Leadership |
Allen Samuel | Senior General Manager / Director - Operations | Leadership |
Harsh Srivastava | Associate Director | Leadership |
Saswati Soumya Prusty | Senior Executive( Reporting And Analyst) | Team |
Kartik Desai | Senior Engineer | Team |
Pankaj Ladhar | Principal Engineer | Team |
Mritunjay Rai | Frontend Engineer | Team |
Roshan Joseph Punnen | Finance Executive | Team |
Harish Matta | Lead Engineer | Team |
Venkateswaran Vr | Assistant Manager Planogram Space Planning | Team |
Harkirat Singh | Senior Manager - Marketing & Growth | Team |
10 more people are available in the full profile.
Complete people profiles for IBO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of IBO
Figures of Ebo Mart Private Limited, the primary company behind IBO, for FY 2025. Revenue was ₹118 Cr (+55% year on year). Net loss was -₹58.98 Cr (-50% margin). EBITDA was -₹54.60 Cr (-46% margin). Revenue has grown at a compounded annual rate of +126% over three years.
- ₹118 CrRevenue · FY 2025 · +55% YoY
- -₹58.98 CrNet loss · -50% margin
- -₹54.60 CrEBITDA · -46% margin
- ₹3.95 CrPaid-up capital
- 202Employees (provident fund records)
- +126%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ebo Mart Private Limited are on its company page.
Detailed financial statements for IBO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of IBO
4 dated milestones of IBO across 1 years, from founding to its latest funding, stage changes and deals.
- Founded IBO is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $539K.
- Milestone Reaches Minicorn status.
Competitors of IBO
IBO has 8 listed competitors in our database. They include Birla Pivot, BuildSuvidha, Flaer Homes, Studio Bush and Urban Hardwares, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| birlapivot.com | 2023 | Ujjain, India | – | 17,278 | Online platform for procuring steel, cement, tiles, and electrical supplies. | |
| buildsuvidha.com | 2020 | Hyderabad, India | – | 22 | Manages an e-commerce platform specializing in construction building materials for businesses. | |
| flaerhomes.com | 2023 | Hyderabad, India | – | – | Online platform for purchasing interior materials, plywood, and laminates directly. | |
| studiobush.com | 1964 | Delhi, India | – | – | Manages an e-commerce store offering door hardware products. | |
| urbanhardwares.com | 2021 | Bengaluru, India | – | – | Runs a digital platform for purchasing building and construction hardware materials. | |
| vaifaniconstroworld.com | 2019 | Sultanpur, India | – | – | Operates an e-commerce store specializing in construction building materials. | |
| firsthammer.co.in | 2023 | Ranchi, India | – | – | Manages an e-commerce store specializing in construction products and accessories. | |
| cementwala.co.in | 2023 | Noida, India | – | – | An online retailer specializing in construction building materials. |
Detailed competitors of IBO
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of IBO
The website of IBO (ibo.com) receives about 205.3K visits a month and ranks #170,997 among all websites worldwide, #3,873 in Programming and Developer Software.
- Monthly visits205.3K
▲ 11.3% vs previous month
- Unique visitors88.8K
per month
- Global rank#170,997
among all websites
- Category rank#3,873
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate42%
- Pages per visit5.1
- Average visit3 min 23 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with IBO. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| materialdepot.in | 100% | 471.1K | #107,882 | View details | |
| instagram.com | 85% | 7.1B | #4 | View details | |
| linkedin.com | 84% | 1.9B | #18 | View details | |
| facebook.com | 82% | 12.1B | #3 | View details | |
| x.com | 78% | 4.5B | #5 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for IBO
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 35 similar websites
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Top companies in Construction & Building Tech
10 companies that operate in the same segment as IBO (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 406.15 M | USD 1.32 B | 4,927 | |
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | 362 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 |
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Related news about Ibo
Complete news archive for IBO
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Frequently Asked Questions about IBO
IBO was founded in 2020.
IBO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mayank Shivam is the current CEO of IBO.
IBO is a funded company, having raised a total of $539.39K across 2 funding rounds to date.
IBO has 202 employees.
The primary company behind IBO, Ebo Mart Private Limited, reported revenue of ₹118 Cr for FY 2025, up 55% year on year.
IBO is established as Indias largest omnichannel retail chain specializing in home building and improvement products. A wide range of categories including tiles, paints, electricals, hardware, and plumbing materials are offered. Products from top brands are sourced directly from manufacturers or certified vendors, ensuring competitive pricing. Solutions are provided through both online platforms and physical stores across major cities in India. The retail sector is primarily targeted, catering to homeowners, contractors, and professionals with bulk order options and doorstep delivery.
IBO's top competitors include Urban Hardwares, Studio Bush and Birla Pivot.
IBO offers Tiles, Paints, Electricals, and Hardware.
IBO has 3 investors. Key investors include WestBridge Capital, Konark Trust, and MMPL Trust.
The valuation of IBO is $68.07M as of Aug 2021.
IBO operates through Ebo Mart Private Limited.