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IBO - About the company

IBO is a seed company based in Bengaluru (India), founded in 2020. It operates as a B2B platform offering home-building and improvement products. IBO has raised $539K in funding from Konark Trust, with a current valuation of $*****. The company has 176 active competitors, including 25 funded and 1 that has exited. Its top competitors include companies like Infra.Market, ArisInfra and JSW One MSME.

Company Details

B2B platform offering home-building and improvement products. It provides items such as plumbing fixtures, water pumps, electrical fittings, kitchen sinks, cooking equipment, and power tools. The platform features multi-brand offerings for both small domestic appliances and large home essentials.
Social
Facebook
Email ID
*****@ibo.com
Phone Number
+91 **********
Registered Address
No. 301 Campus 6A RMZ EcoWorld Floor 3 Sarjapur Maratahalli, Bangalore, Bangalore, Karnataka, India, 560037
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Seed
Total Funding
$539K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 28, 2025
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
855 as on Aug 31, 2025
Similar Companies
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IBO's funding and investors

IBO has raised a total funding of $539K over 2 rounds. Its first funding round was on 2020. Its latest funding round was a Seed round on Aug 25, 2021 for $*****. 2 investors participated in its latest round. IBO has 3 institutional investors.

Here is the list of recent funding rounds of IBO:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 25, 2021
5004375
Seed
8053141
2938723
2195320
3680563
2020
5317
Seed
2906
3818
1592
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IBO's founders and board of directors

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IBO's Board of Directors

IBO's board has 3 active members. Mayank Shivam and Karthik Natarajan are part of team and Sandeep Singhal is independent board member.
Here is the list of IBO's board of directors:
Name
Type
Representing
Status
Duration
qohcjkd
Team
-
Current
5y 5m
Investor
-
Current
3y 1m
Independent board member
-
Current
5y 8m

IBO's employee count trend

IBO has 855 employees as of Aug 25. The total employee count is 90.0% more than what it was in Aug 24. Here is IBO's employee count trend over the years:
Employee count trend for IBO
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IBO's Competitors and alternates

Top competitors of IBO include Infra.Market, ArisInfra and JSW One MSME. Here is the list of Top 10 competitors of IBO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Infra.Market
Infra.Market
2016, Thane (India), Series G
Manufacturer of building materials for construction and infrastructure project requirements
$804M
70/100
2nd
Logo for ArisInfra
ArisInfra
2021, Mumbai (India), Public
Provider of an online platform for construction materials procurement and supply
$25.3M
65/100
3rd
Logo for JSW One MSME
JSW One MSME
2020, Mumbai (India), Series B
Online retailer of TMT, steel HR coil, and cement products
$91.6M
63/100
4th
Logo for Headsup B2B
Headsup B2B
2021, Delhi (India), Seed
Provider of building construction raw materials, safety products, and industrial equipment
$2.25M
59/100
5th
Logo for HomeRun
HomeRun
2025, Bengaluru (India), Series A
Platform offering E-commerce brand delivering construction and interior building materials
$7.61M
56/100
6th
Logo for Buildpro
Buildpro
1995, Bengaluru (India), Unfunded
Online platform offering hardware supplies for residential homes
-
-
51/100
7th
Logo for IBO
IBO
2020, Bengaluru (India), Seed
B2B platform offering home-building and improvement products
$539K
50/100
8th
Logo for Khidki Homes
Khidki Homes
2021, Bengaluru (India), Seed
Online platform offering building materials for professionals
$1.27M
48/100
9th
Logo for mSupply
mSupply
2015, Bengaluru (India), Series A
Online platform offering building materials and construction supplies
-
47/100
10th
Logo for Cital
Cital
2022, Vadodara (India), Seed
Platform offering construction building materials
$896K
47/100
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IBO's Investments and acquisitions

IBO has made no investments or acquisitions yet.

Reports related to IBO

Here is the latest report on IBO's sector:

News related to IBO

IBO forays into Tamil NaduRealty NmoreAug 03, 2022IBO
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FAQs about IBO

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