2019
Delhi (India)
Seed
BEYOBO is a leading cross-border B2B and B2C e-commerce platform, specializing in simplifying and streamlining the sales and distribution of consumer products in India for overseas brands, manufacturers, and aggregators. BEYOBO serves as a vital gateway for international suppliers to access India’s vast and dynamic retail market, while also enabling Indian retailers and e-commerce sellers to source products globally with ease.
Cross-Border Sourcing: Connects Indian retailers and e-commerce sellers with global suppliers for direct procurement.
Supply Chain Management: Manages end-to-end logistics, including freight forwarding, customs clearance, warehousing, and last-mile delivery.
Technology Platform: Provides supplier management, catalog and inventory management, order management, multi-channel sales integration (e.g., Amazon, Flipkart), and finance reconciliation.
Marketplace Models: Supports dropship, consignment, and outright buy models for flexible inventory and sales strategies.
Quality Control & Compliance: Ensures product quality, regulatory compliance, and secure payments through advanced tech layers.
Retailer App (BEYOBO): A dedicated app for Indian retailers to access a wide range of global products, share catalogs, and manage orders efficiently.
Marketplace Commissions: Charges transaction fees and commissions on sales made through its B2B and B2C marketplace platforms.
Service Fees: Earns revenue from value-added services such as logistics management, customs clearance, warehousing, quality control, and payment facilitation.
Technology Licensing: Offers its software suite and platform integrations to enterprise clients for a fee, including catalog, inventory, and order management tools.
Dropship & Consignment Models: Generates income by facilitating dropship and consignment sales, with Ensologic handling fulfillment and logistics for a margin.
Retailer App Monetization: The BEYOBO app may include subscription fees, premium listings, or transaction-based charges for retailers accessing global catalogs.
Market Expansion: Focused on onboarding more Indian retailers and expanding to new international supplier regions (Middle East, USA).
Product Innovation: Investing in technology to enhance supply chain transparency, automation, and integration with major e-commerce platforms.
Strategic Partnerships: Building alliances with logistics providers, payment gateways, and large online marketplaces.
Network Effect: Growing the supplier and retailer base to create a robust, self-reinforcing marketplace.
Competitive Differentiationn BEYOBO platform stands out for its full-stack, tech-powered approach, addressing pain points in quality control, compliance, logistics, and payments, and making cross-border trade accessible to even the smallest retailers in India.
BEYOBO is redefining cross-border product sourcing and distribution for India’s vast retail market. With a robust technology platform, comprehensive service suite, and a rapidly expanding network, Ensologic is well-positioned to capitalize on the growing demand for global products and the digitization of India’s retail sector. Its unique business model, focus on inclusivity, and proven ability to scale make it an attractive proposition for investors, researchers, and industry professionals seeking exposure to India’s next wave of retail and supply chain innovation.
$2.01 Million
4
$802.0 K, Seed
as of May 13, 2024
$12.2 Million
as of July 19, 2023
6.07
as of July 19, 2023
Indian Angel Network
and 8 more49
Graas
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 13, 2024 | Seed | $802.0 K | - | - | - | Indian Angel Network, San Angels Network , ISF |
July 27, 2023 | Seed | $671.0 K | $12.2 Million | $10.9 Million | 1.0x | Inflection Point Ventures, Hyderabad Angels, Indian Angel Network, Firstport Capital, San Angels Network , Nutan Ravi Shanker Family Trust, Bhaumik Shares And Stock Broking |
January 13, 2022 | Seed | $532.0 K | $4.0 Million | $5.6 Million | 0.6x | Indian Angel Network, Hyderabad Angels, Indian Angel Network Fund ,Ban Labs, Indian Angel Network |
January 15, 2022 | Angel | Undisclosed | - | $5.6 Million | - | - |