Corporate Consumables e-Retailer Kobster raises Funding From Splice Advisors

Chennai based specialty e-retailer for corporate consumables, has raised undisclosed amount of seed funding led by Hyderabad based Splice Advisors, a seed venture capital company that has over 26 investments in various companies. The funds raised by the startup will be used to expand to different cities, building technological strength and acquiring more customers.
kobster1 provides all kinds of business consumables through its online platform to corporate across India. The portal currently offers basic office supplies, furniture, housekeeping products, pantry supplies etc. The startup would also explore various business specific products like industrial supplies, medical supplies etc. in the future.
Kobster also provides an exclusive e-procurement platform to corporate, providing features like an ordering platform, inventory management, spend management, cost optimization suggestions, analytics, centralized invoicing etc.
Started in 2012 by Mohan G, Karthik R and Vineet Neeraj, Kobster which works out of Chennai and Bengaluru, boasts of having customers like Hyundai, Bhadra, SabMiller, Hospira, ABB, BGR Energy, LatentView etc. The firm aims to become pan India Company in next 1.5 years by expanding to at-least 5-6 different cities.

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