COSMOS ONLINE PRIVATE LIMITED
S Ward, Maharashtra
In their own words
Gizmobaba curates various innovative products and markets it online with our whitelabel brand. Our strong differentiator is that all our products come with a 3 to 6 months replacement warranty, a first in this category. Customers are targeted online using analytics techniques that studies the profile of existing customers and extrapolates to lookalike audiences. We also aggressively use social marketing to get customer interaction and build brand confidence. Our Facebook page (www.facebook.com/gizmobaba) has nearly 2 lakh followers. With penetration of high speed internet and smart phones in remote towns and villages, E-Commerce is expected to grow rapidly into Tier 2 and Tier 3 towns and we are using technology to reach out to customers in smaller towns to give them access to a wide range of innovative products that they have not had access to so far. We are also planning to extend our product availability to retail stores in small towns, where small shops can order the products for their customers using our app. Technology will be leveraged to ensure that the dealers can order on behalf of the walk in customers, and the orders pushed to the logistics provider to collect products from the nearest warehouse to the buyer location and deliver direct to the end customer, while passing a margin to the retailer who assists the customer to make the purchase. Currently processing upwards of 500 orders a day with 10,000+ unique customers visiting our website everyday. We plan to scale up rapidly from revenue of Rs.3.7 crores in 2018-2019 to over Rs.500 crores by 2023-2024. Currently employing 10 people, expected to provide employment to over 700 people by 2023-2024. Founded by Alok Chawla, who previously co-founded ZipCash, a fintech business enabling prepaid payments over mobile phones, which was acquired by Ola Cabs (and now operates as Ola Money).
Written by the company on its public Startup India profile. Not verified by us.
What the record says
- DPIIT recognition number
- DIPP40758
- CIN
- U72300MH2013PTC242806
- Incorporated (MCA)
- 2013
- Registered on Startup India
- 2019
- Self-declared stage
- Scaling
- MCA status
- Active
- Company class
- Private
- Registrar
- RoC-Mumbai I
- Authorised capital
- ₹2,20,000
- Paid-up capital
- ₹1,09,760
Funding signals
We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.
- Self-declared on the government form, unverified
Where this is
Locality
S Ward
Maharashtra
We know the area, S Ward, but not the address. The pin below covers roughly a kilometre.
Geocode confidence: low
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, write to trust@indianstartupmap.com.