IBO
Shop Building Materials and Home improvement Products at Best Prices
Bengaluru, India · Founded 2020
- Headquarters
- Bengaluru, Karnataka
- Employees
- 201–500
- Founded
- 2020
- Business Model
- B2C
- Website
- ibo.com
- Last Round
- SeedJan 2020
- Rounds
- 1
About
IBO is India's largest omnichannel home improvement and home building retail chain. Founded in 2020 by Mayank Shivam (formerly of Amazon India's founding team and McKinsey), IBO addresses the fragmented home improvement market by offering approximately 10,000 SKUs across 200+ branded products through its e-commerce website, mobile app, and physical retail stores in Bangalore, Chennai, and Hyderabad. Product categories include tiles, paints and adhesives, plywood and laminates, hardware, power and hand tools, electrical components, lighting and fans, bathroom fixtures, plumbing materials, kitchen products, and appliances. IBO serves a diverse customer base including homeowners, retailers, contractors, carpenters, painters, electricians, plumbers, architects, and interior designers, with dedicated bulk ordering and professional pricing programs. The company is backed by WestBridge Capital, MMPL Trust, and Konark Trust, and has raised $38M in total funding.
Summary
IBO is a Real Estate company based in Bengaluru, India, founded in 2020. Its most recent funding was a Seed round in Jan 2020. Investors include WestBridge Capital.
Tech & App Stack
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Funding History
Jan 2020
Investors
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