Overview
Cosmart is an Indonesian e-commerce platform founded in 2022 that operates a membership-based model for purchasing household items and snacks. The company conducts its business through a website and mobile application, enabling customers to make bulk purchases of products.
The platform addresses the market for discounted bulk purchasing of everyday consumer goods. Cosmart positions its offering as providing lower prices than traditional supermarkets for the same product categories.
Activities and products
Cosmart's main offerings include the Cosmart Membership and the Cosmart App. The platform currently provides access to over 180 products across household items and snacks categories. Customers use the app or website to browse and purchase these items under the membership model, with the stated value proposition being price reduction compared to conventional retail channels.
Stage and funding
Cosmart is at seed stage and secured $5 million in seed funding during 2022, the year of its establishment. The company is based in Jakarta, Indonesia, and operates through its website at https://www.cosmart.id. Alvin Kumarga is listed as a founder of the business.
Company details
- Legal name
- Cosmart
- Website
- www.cosmart.id
- Headquarters
- Jakarta, Indonesia
- Founded
- 2022
- Sector
- E-commerce
- Funding stage
- Seed