CoutLoot logo — We're scaling India’s bazaar shops while providing value to...

CoutLoot

We're scaling India’s bazaar shops while providing value to 500Mn+ non-urban consumers, all through technology & ❤️

Founded 2016 India Mumbai, India 75 employees Series A Total: $594.08M E-Commerce, Fashion +1

General Information

Company Name CoutLoot
Founded Year 2016
Location India Mumbai, India +2
Employees 75
Industries E-Commerce, Fashion, Mobile
Funding Stage Series A
Social

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About CoutLoot

CoutLoot is a pioneering E-commerce startup in India, striving to bridge the gap between traditional bazaar shops and the digital marketplace. Established in 2016, the company's unique offline to online (O2O) social commerce platform has been instrumental in empowering small businesses and offline stores to thrive in the burgeoning Indian e-commerce landscape. CoutLoot's slogan, "We're scaling India’s bazaar shops while providing value to 500Mn+ non-urban consumers, all through technology & ❤️," encapsulates their commitment to inclusivity and innovation. With the e-commerce scene in India largely favoring prominent retailers and brands, CoutLoot has emerged as a disruptor, democratizing online selling for anyone across the country. Their platform facilitates direct interactions between sellers and buyers, incorporating the cultural phenomenon of bargaining into the digital shopping experience. As a result, the company is effectively catering to the needs of over 500Mn+ non-urban consumers, a massive market segment that has historically been underserved in the e-commerce space. In a significant show of confidence in CoutLoot's vision and potential, the company secured a substantial $25.00M Series A investment on 19 August 2021. The investment was spearheaded by a consortium of esteemed backers including SOSV, Venture Catalysts, Astarc Ventures, and 9Unicorns. This major funding injection is a testament to the market's recognition of CoutLoot's disruptive approach and the vast opportunities it presents in the Indian e-commerce, fashion, and mobile industries.

Taxonomy: Social Commerce, O2O Platform, C2C Marketplace, Mobile-first Platform, Bargaining Platform, Small Business Support, Offline to Online Integration, Fashion Marketplace, Consumer-to-Consumer, Logistics Technology, Marketplace Technology, Indian Market, Retail Innovation

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor Investor
•••• ••••
19 Aug 2021
Series A •••••• 2
Investor
•••• ••••
08 Oct 2020
Series A •••••• 1
Investor
01 Dec 2019
Series A •••••• 1
Investor
07 Jan 2019
Seed Round •••••• 2
Investor
•••• ••••
04 Apr 2018

View All 9 Funding Rounds

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FAQ About CoutLoot

We're scaling India’s bazaar shops while providing value to 500Mn+ non-urban consumers, all through technology & ❤️
CoutLoot was founded in 2016.
CoutLoot is headquartered in Mumbai, India.
CoutLoot operates in the following industries: E-Commerce, Fashion, Mobile.
CoutLoot has approximately 75 employees.
CoutLoot has completed 9 funding rounds, raising a total of $594.08M. The latest funding stage is Series A.
Top alternatives and competitors to CoutLoot include AbsolutKarta, MySmartPrice.com, FlashCash, MIA Group, 1Point Commerce. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CoutLoot and AbsolutKarta are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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