BEYOBO, a B2B cross-border e-commerce platform, has announced plans for an IPO in 2026. The company aims to reach a revenue of Rs 1,000 crore. Company has recently acquired a patent for its product identification automation technology. This unique algorithm helps automate product categorization, cataloguing, and customs compliance. The company claims that this technology can track any product using its HSN code.
Streamlining International Trade
BEYOBO’s patented system is designed to improve how products are identified and managed in the global supply chain. The system uses advanced intelligence and automation to ensure efficiency and accuracy in international trade. The innovation includes hierarchical, ontological, and self-referential codes, setting a new standard for B2B cross-border transactions.
BEYOBO CEO’s Vision
Anil Agrawal, CEO of BEYOBO, stated, “Cross-border e-commerce has always been a global play for us. The consumption story of India has proven time and again that if customers are provided with good quality products at affordable prices, there is a business to be built.”
IPO Plans and Profitability
Agrawal also shared that BEYOBO is moving towards profitability and plans for an IPO launch in 2026. He said, “At BEYOBO, we are dedicated to pushing the boundaries of what’s possible in cross-border trade with our innovative approach and cutting-edge technology. This patent is a testament to our team’s hard work and innovative spirit. Now, as we enter large global markets like the US and UAE, we are also marching towards profitability and firming up our IPO plans for 2026.”
Support from Investors
BEYOBO is backed by notable investors such as Indian Angel Network, Hyderabad Angels, Inflection Point Ventures, SAN Angels, and ISF Network. The company aims to turn profitable in Q3. Currently, BEYOBO has a monthly revenue of Rs 18 crore and plans to reach Rs 40 crore by October 2024.
Revenue Goals
BEYOBO targets approximately Rs 600 crore in revenue by the end of the fiscal year. The company plans to achieve monthly revenues exceeding Rs 1,000 crore by October 2025, with IPO plans in 2026.
Company Expansion Plans
With a proven product-market fit in India, BEYOBO plans to expand its unique value proposition to the UAE and USA markets. The company’s strategic growth plan includes offering seamless solutions for global brands looking to enter new markets.
Global Vendor Relationships
BEYOBO has developed strong vendor relationships in markets such as Japan, Indonesia, Korea, China, Vietnam, Hong Kong, Singapore, Dubai, Malaysia, Bangladesh, Nepal, and Taiwan. The company plans to leverage these connections to bring more brands to Indian, UAE, and USA consumers.
BEYOBO is setting new standards in the B2B cross-border e-commerce sector with its innovative technology and strategic growth plans. As the company moves towards its IPO in 2026, it aims to revolutionize international trade and achieve significant revenue growth.
