# Kobster E-Shop Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kobster-e-shop-private

- Industry: Business Support Services
- Headquarters: Chennai, India
- Website: www.kobster.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Feb 19, 2020)
- Investors on record: 5

## About

Kobster E-Shop Private Limited is an online platform specializing in the sale and leasing of domain names, ensuring secure and efficient transactions for buyers and sellers.Founded in 2012 in Chennai, India, Kobster E-Shop Private Limited operates as an independent entity focused on domain name transactions. The firm has completed a total of 6 deals, with the most recent in February 2020, when it raised INR 9.8 million in Seed funding led by Incubate Fund and includes notable participation from Angel Network Middle East, Chandigarh Angels Network, Splice Capital, and Lets Venture Technologies Private Limited. Founder Mohan G has a history of entrepreneurship, although specifics of previous ventures are not disclosed.Kobster.com specializes in the sale and leasing of domain names, promoting secure transactions for buyers and sellers. The company offers premium domain names at fixed prices or for negotiation, aiming to streamline the acquisition process for individuals and businesses alike. Its diverse clientele includes entrepreneurs, startups, and established companies seeking distinctive domain names to bolster their online identity. Operating across global markets, Kobster.com serves clients in North America, Europe, and Asia.In the most recent financial year of 2021, Kobster.com generated revenue of INR 277,999.50 with an EBITDA of INR -28,832.10. The company's flagship domain, kobster.com, has an asking price of USD 34,430, illustrating its financial model based on direct sales and customer engagement through secure payment options.Looking ahead, Kobster E-Shop Private Limited plans to leverage the recent Seed funding of INR 9.8 million raised in February 2020 to expand its services and market reach. Future initiatives include the development of new product offerings aimed at enhancing user experience in domain transactions. The company is also targeting expansion into additional geographic markets in Europe and Southeast Asia by 2023, aiming to capture a larger share of the global domain name industry.

## Funding rounds

- Seed, Feb 19, 2020, $0.1M — Incubate Fund, Lets Venture Technologies Private Limited, Chandigarh Angels Network, Splice Capital, Angel Network Middle East
- Seed, Jul 12, 2017, $0.3M — Incubate Fund

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Seed
- Lets Venture Technologies Private Limited — Seed
- Chandigarh Angels Network — Seed
- Splice Capital (https://capitalatlas.ai/funds/splice-capital) — Seed
- Angel Network Middle East — Seed