Basic Information
COSMUS bags was founded by MI Siddiqui in 1999. For many years COSMUS remained a B2B-focused venture that was supplying bags to companies such as Hutch and Vodafone, before venturing into retail and ecommerce. At present, COSMUS’ business has three divisions: corporate, retail, and ecommerce. The company listed on ecommerce platform Snapdeal in 2012. Its products are currently available on Amazon, Flipkart, Paytm, and Myntra, besides multiple physical outlets, where it has tie-ups with distributors. The company produces around 40,000 bags a month in categories such as duffel bag, laptop bag, and school bag. It has a total of 400 stock-keeping units. The price range is Rs 799-2,999. Initially, the bags were manufactured with raw materials imported from China and Taiwan. But now, COSMUS claims to be a 100 percent made-in-India brand. The company is planning to have franchisees across the country. This step is aimed at removing inconsistencies between the pricing of products online and offline.
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