The Indian Wire » Startups » Kobster raises money from Incubate Fund in pre-series A funding

Kobster raises money from Incubate Fund in pre-series A funding

Kobster raises money from Incubate Fund in series A funding

Chennai-based Kobster has raised money in pre-series A funding led by Incubate Fund. The amount of fund raised is not yet disclosed. Other investors who were part of the funding round include Chandigarh Angel Network and Angel Network Middle East.

Kobster, a B2B digital marketplace for office supplies was founded by Karthik Ramaiah, Mohan Gayam, Vineet Neeraj in 2012. It was incubated in PayPal‘s Start Tank Programme. Kobster aims to simplify the office supplies outsourcing needs of businesses with the integration of technology.

It provides products in various categories to fulfill the office needs of businesses by providing stationery, pantry, electronic and housekeeping supplies. It uses Kobster Elite platform to help its customers to discover, procure products along with providing thorough intelligent analysis based reports to help reduce costs and improve efficiency.

Among its client are the companies like Oracle, Altisource, Urban Ladder, Mindtree, Schenker, and Virtusa, among others. Equipped with a vast catalog of products and an efficient platform enabled with technology, Kobster has the capability to be a big player in the B2B marketplace for office supplies and management.

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