Company lists
The India edition · 2026

Brands techcompanies in India

E-commerce enablers, logistics & fulfilment, retail tech, marketing & social commerce, fashion tech and more: the companies building brands tech in India, with their founders, funding, team size and business models.

323 company profiles141 with reported revenue95 with recorded fundingSeptember 2026 edition

Recent brands tech business events in India

Funding, M&A, contract wins and launches involving 383 brands tech companies in India, last 24 months: 20 funding rounds · 16 M&A deals · 9 launches · 6 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

M&AAcquisition · Announced

Pine labs acquires Shopflo

Pine Labs’ ₹88 crore acquisition of Shopflo

Fintech
M&AAcquisition · Announced

Diginex acquires Resulticks

Its planned $1.5 billion acquisition of AI-driven enterprise platform Resulticks.

M&AAcquisition · Completed

Globalbees acquires Candes Technology Private Limited

Globalbees acquired an extra 30% shareholding from existing shareholders of Candes Technology.

Retail electronics, electrical instruments, audio-visual goods
M&AAcquisition · Completed

Nitro commerce acquires Zodiac Labs AI

Months after a fresh capital infusion of $5 Mn, enterprise tech startup Nitro Commerce has acquired Gurugram-based AI copilot company Zodiac Labs AI for an undisclosed amount.

AI
FundingSeries A

Showroom b2b

Showroom B2B, a supply chain platform in the fashion and apparel sector, has raised Rs 150 crore (around $17 million) in a Series A funding round led by Cactus Partners.

Investors Cactus Partners, Zephyr Peacock, Jungle ventures, Accion Venture Lab
Fashion and apparel
Funding

Wishlink

Wishlink has raised about $10.1 million so far from investors including Elevation Capital, Trifecta Capital, Wellfound, and more than 70 angel backers.

Investors Elevation capital, Trifecta capital, Wellfound, More than 70 angel backers
Funding

Ace turtle

Other startups such as WorkIndia, Oben Electric, Tagbin, Virohan and Ace Turtle also raised funds during the week.

Investors Na
M&AAcquisition · Completed

Hiveloop ECommerce Pvt Ltd (HEPL) acquires Shopkirana

Info Edge, the parent company of Naukri.com, Jeevansathi.com, 99acres and Shiksha, on Friday announced that it has completed the transfer of its entire stake in its associate company…

M&AAcquisition · Completed

Globalbees acquires HS Fitness Private Limited

Globalbees Brands Private Limited, a material subsidiary of FirstCry parent Brainbees Solutions Ltd., on Tuesday said it has acquired an additional 6.49% stake in HS Fitness Private…

Fitness equipment
Funding

Stackbox

Meanwhile, logistics tech startup Stackbox secured $4M to speed up product development and expand further across Southeast Asia, while strengthening operations in India.

Logistics tech
FundingSeries C

Tmrw

Top funding rounds this year include Spinny’s $171 million Series F ($131 million + $40 million), followed by Zepto at $ 170 million and $49 million, respectively, GIVA, which raised $68…

Investors Na
B2C e-commerce
FundingSeries A

Stackbox

Stackbox to raise $2.63 Mn in Series A to expand logistics SaaS

Investors Enrission India Capital, White whale ventures
Logistics tech / SaaS
Contract

Ace turtle · client: Whp global

ace turtle, India’s tech-driven retail powerhouse transforming shopping experiences, and WHP Global, one of the world’s fastest-growing brand management firms, today announced a…

Fashion
Contract

Whp global · client: Ace turtle

Bengaluru-based retail operator Ace Turtle has signed a long-term licensing agreement with WHP Global to introduce the Dutch premium denim brand G-Star into the Indian market.

Retail
LaunchNew Cross-Border Retail Payments Framework

Swift

Swift, the global financial messaging network, has announced a new framework designed to bring greater speed, transparency and certainty to cross-border retail payments.

Payments Platform
ContractTechnology

Unicommerce · client: Dabur

Chennai: India’s iconic beauty and personal care brand, Dabur has signed Unicommerce, India’s leading e-commerce enablement SaaS platform to streamline and strengthen the omnichannel…

Beauty and personal care
M&AAcquisition · Completed

Interluxe Group and North & Warren acquires Quinn

Mountaingate Capital (“Mountaingate”) announced that the strategic partnership of Interluxe Group, the preeminent luxury-focused experiential agency, and North & Warren, a leader in…

Strategic communications
M&AAcquisition · Announced

Interluxe Group & North & Warren acquires Quinn

The strategic partnership of Interluxe Group, the preeminent luxury-focused experiential agency, and North & Warren, a leader in digital marketing and media for luxury brands, announces…

Luxury-focused communications agency
ContractTechnology

Unicommerce · client: Newu

India’s iconic beauty and personal care brand, Dabur has signed Unicommerce, India’s leading e-commerce enablement SaaS platform to streamline and strengthen the omnichannel operations…

Beauty and personal care retail
Funding

Tmrw

Aditya Birla Group’s TMRW, described as a “house of brands,” has raised $50 million from ServiceNow Ventures to boost its tech-powered fashion vision.

M&AAcquisition · Announced

Mensa brands acquires India Lifestyle Network (ILN)

Founded by Angad Bhatia in 2017, ILN was acquired by Mensa Brands (rebranded to BRND.ME) in late 2022 for around $100 million.

M&AAcquisition · Announced

Diginex acquires Resulticks

Diginex (DGNX) announced the signing of a Memorandum of Understanding for a cash and share acquisition of Resulticks.

AI-powered customer engagement / real-time data analytics
Funding

Shopkirana

After these, Info Edge invested in startups, including men's grooming brand Ustra, B2B ecommerce platform Shopkirana, edtech platform Adda247, omni channel inter-city bus travel platform…

Investors Info edge
LaunchLighthouse.AI

Genefied

Genefied, a leading IT services and consulting company, unveiled its flagship product, Lighthouse.AI, at RESCCON 2025—its premier Retention & Scalability Conference held on April 17 at…

AI Agent
LaunchBlaze

Zippee

Quick commerce logistics startup Zippee on Wednesday announced the launch of Blaze, its new 60-minute delivery service for online marketplaces across the country.

60-minute delivery service
ContractService

Swift · client: Roy Hill and Pilbara Minerals

Swift has secured $1.3 million in contract extensions with Roy Hill and Pilbara Minerals to provide new and continued entertainment services for the companies’ remote workforces.

Mining

Brands tech companies in India, by revenue

Browse brands tech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 141 brands tech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Platform offering rural B2B E-commerce and logistics

E-commerce enablers
₹2,765.76 crFY 2024-25
Not reported
3,452-49% 12 mo to Jul 2024LinkedIn · Jul 2026
12 yr2014
6postings · last posted Aug 2026

Online platform acquiring e-commerce brands and businesses

E-commerce enablers
US$160.60mFY 2022-23
Not reported
604-11% 12 mo to Jul 2024LinkedIn · Jul 2026
5 yr2021
1postings · last posted Jul 2026

Provider of distribution and logistics services for multiple industry verticals

Logistics tech
₹1,169.65 crFY 2024-25
+13%2024–2025
386-27% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
1postings · last posted Jul 2026

Platform offering tech-enabled services for fashion businesses

Brands tech
₹682.36 crFY 2024-25
+60%2024–2025
273-1% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of AI-powered manufacturing automation platform for MSME garment factories

Brands tech
₹446.07 crFY 2023-24
-13%2023–2024
117-25% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
2postings · last posted Jul 2026

Developer of health, wellness, and lifestyle brands for the digital age

Brands tech
₹424.99 crFY 2024-25
-21%2024–2025
604LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted May 2026

eCommerce enablers for retailers

E-commerce enablers
₹417.15 crFY 2024-25
+16%2024–2025
678+29% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
20postings · last posted Sep 2026

Provider of logistics management solutions for manufacturers and retailers

Brands tech
₹332.23 crFY 2024-25
+93%2024–2025
59LinkedIn · Jul 2026
11 yr2015
0none in 3 months

B2B solutions for the mobile and electronics retail sector

B2b e-commerce
₹239.11 crFY 2024-25
+235%2024–2025
15LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Online brand acquirer for e-commerce businesses

E-commerce enablers
₹219.29 crFY 2022-23
+185%2022–2023
54-98% 12 mo to Jun 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of fulfillment services, software, and shipping solutions for e-commerce

E-commerce enablers
₹216.11 crFY 2024-25
+31%2024–2025
251-2% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

Provider of retail audit and customized in-store services

Brands tech
₹197.84 crFY 2024-25
+11%2024–2025
211+100% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Online platform offering wholesale and business-focused e-commerce solutions

E-commerce enablers
₹177.01 crFY 2024-25
+44%2024–2025
761-2% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Platform offering checkout optimization and return management solutions for direct-to-consumer businesses

Brands tech
₹163.58 crFY 2024-25
+49%2024–2025
619-40% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
12postings · last posted Sep 2026

Provider of e-commerce platforms and online marketplace solutions

E-commerce enablers
₹159.30 crFY 2024-25
Not reported
602+32% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of e-commerce enablement platform offering order, inventory, and warehouse management

E-commerce enablers
₹119.97 crFY 2024-25
+10%2024–2025
542+17% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
3postings · last posted Sep 2026

Provider of an AI-powered platform for apparel sourcing and supply chain

Brands tech
₹99.81 crFY 2024-25
Not reported
83+61% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Autonomous material flow solutions for e-commerce businesses

B2b e-commerce
₹90.96 crFY 2023-24
+4%2023–2024
317+11% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Platform offering inventory management and omnichannel supply chain solutions

Brands tech
₹85.46 crFY 2024-25
Not reported
309LinkedIn · Jul 2026
10 yr2016
1postings · last posted Jul 2026

Platform offering E-commerce logistics and checkout solutions

E-commerce enablers
₹71.71 crFY 2024-25
+87%2024–2025
142-20% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Platform for acquiring digital-first brands

E-commerce enablers
₹67.38 crFY 2024-25
+69%2024–2025
74LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Apr 2026

Provider of AI-powered sales automation and eB2B solutions for CPG

B2b e-commerce
₹52.55 crFY 2024-25
Not reported
303+34% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
2postings · last posted Sep 2026

Provider of last-mile delivery solutions for direct-to-consumer brands and marketplaces

Logistics tech
₹51.33 crFY 2024-25
+127%2024–2025
265+110% 12 mo to Jul 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Platform offering builder and scaler of direct-to-consumer brands

E-commerce enablers
₹50.47 crFY 2024-25
+143%2024–2025
247+24% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Jun 2026
50 of 323 companies shown here · the full list is on Radar
Fliar Radar

Explore all 323 brands tech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open brands tech in India on Radar
  • Every company, not just 50All 323 brands tech companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore brands tech companies in India by what you are looking for

Browse top tech companies in India that help brands sell online, from e-commerce enablers and logistics platforms to marketing and retail tech. You can also find brands tech startups in India and companies that are hiring.

9 ways to explore brands tech in India

E-commerce enablers & storefront softwareE-commerce logistics & fulfilment companiesIn-store retail tech & B2B commerce platformsMarketing, influencer & social commerce techFashion & apparel tech companiesTech-first e-commerce brand acquirers

E-commerce enablers & storefront software

Platforms that help brands run online stores, checkout and multichannel selling.

  1. Mensa Brands

    Online platform acquiring e-commerce brands and businesses

    E-commerce enablers
    See in list
  2. TMRW

    Platform offering tech-enabled services for fashion businesses

    Brands tech
    See in list
  3. BRND.ME

    Developer of health, wellness, and lifestyle brands for the digital age

    Brands tech
    See in list
  4. Litmus7

    eCommerce enablers for retailers

    E-commerce enablers
    See in list
  5. FollowG

    B2B solutions for the mobile and electronics retail sector

    B2b e-commerce
    See in list

E-commerce logistics & fulfilment companies

Shipping, warehousing and last-mile delivery providers for online brands.

  1. ElasticRun

    Platform offering rural B2B E-commerce and logistics

    E-commerce enablers
    See in list
  2. Ripplr

    Provider of distribution and logistics services for multiple industry verticals

    Logistics tech
    See in list
  3. Urban Retail

    Provider of logistics management solutions for manufacturers and retailers

    Brands tech
    See in list
  4. Eshopbox

    Provider of fulfillment services, software, and shipping solutions for e-commerce

    E-commerce enablers
    See in list
  5. Prozo

    Online platform offering wholesale and business-focused e-commerce solutions

    E-commerce enablers
    See in list

In-store retail tech & B2B commerce platforms

Software for store operations, inventory, distribution and B2B selling.

  1. ElasticRun

    Platform offering rural B2B E-commerce and logistics

    E-commerce enablers
    See in list
  2. FollowG

    B2B solutions for the mobile and electronics retail sector

    B2b e-commerce
    See in list
  3. Retail Scan

    Provider of retail audit and customized in-store services

    Brands tech
    See in list
  4. Nido Automation

    Autonomous material flow solutions for e-commerce businesses

    B2b e-commerce
    See in list
  5. Increff

    Platform offering inventory management and omnichannel supply chain solutions

    Brands tech
    See in list

Marketing, influencer & social commerce tech

Tools for influencer marketing, shoppable video, live commerce and customer engagement.

  1. Wishlink

    Platform for connecting creators with brands for content monetization

    Social commerce
    See in list
  2. BiteSpeed

    Provider of AI driven marketing and support CRM for e-commerce businesses

    Marketingtech
    See in list
  3. Klug Klug

    Influencer marketing software for brands

    Influencer e-commerce
    See in list
  4. Nitro Commerce

    Developer of software tools for managing online commerce business operations

    Marketingtech
    See in list
  5. BusinessOnBot

    Provider of an AI-powered platform for omnichannel support, marketing, and engagement

    E-commerce enablers
    See in list

Fashion & apparel tech companies

Platforms and brands serving apparel sourcing, fashion analytics and design.

  1. ShowroomB2B

    Provider of an AI-powered platform for apparel sourcing and supply chain

    Brands tech
    See in list
  2. Stylumia

    Platform offering AI powered predictive data analytics for fashion industry

    In store retail tech
    See in list
  3. Your Design Store

    Online customization platform for fashion accessories

    In store retail tech
    Website
  4. Relove

    A platform offering recommerce management software for fashion businesses

    Brands tech
    Website
  5. House of Brands

    Designer and manufacturer of premium direct-to-consumer apparel and accessories

    Brands tech
    Website

Tech-first e-commerce brand acquirers

Companies that acquire and scale direct-to-consumer brands.

  1. Mensa Brands

    Online platform acquiring e-commerce brands and businesses

    E-commerce enablers
    See in list
  2. UpScalio

    Online brand acquirer for e-commerce businesses

    E-commerce enablers
    See in list
  3. Powerhouse91

    Platform for acquiring digital-first brands

    E-commerce enablers
    See in list
  4. GlobalBees

    Platform offering builder and scaler of direct-to-consumer brands

    E-commerce enablers
    See in list
  5. Evenflow

    Platform offering acquisition and scaling of e‑commerce businesses

    Brands tech
    See in list
14 companies in India

AI, analytics & customer experience software for brands

AI agents, chatbots, analytics and customer service tools for consumer brands.

  1. SalesCode.ai

    Provider of AI-powered sales automation and eB2B solutions for CPG

    B2b e-commerce
    See in list
  2. ClicFlyer

    Cloud based dashboard and reporting platform

    Brands tech
    See in list
  3. BiteSpeed

    Provider of AI driven marketing and support CRM for e-commerce businesses

    Marketingtech
    See in list
  4. LimeChat

    Provider of AI agent solutions for customer support and business growth

    Customer service software
    See in list
  5. Stylumia

    Platform offering AI powered predictive data analytics for fashion industry

    In store retail tech
    See in list

Brands tech startups in India

Recently founded companies building technology for consumer brands.

  1. Mensa Brands

    Online platform acquiring e-commerce brands and businesses

    E-commerce enablers
    See in list
  2. TMRW

    Platform offering tech-enabled services for fashion businesses

    Brands tech
    See in list
  3. Groyyo

    Provider of AI-powered manufacturing automation platform for MSME garment factories

    Brands tech
    See in list
  4. BRND.ME

    Developer of health, wellness, and lifestyle brands for the digital age

    Brands tech
    See in list
  5. FollowG

    B2B solutions for the mobile and electronics retail sector

    B2b e-commerce
    See in list
150 companies in India

Brands tech companies hiring in India

Brands tech companies with open roles right now.

  1. ElasticRun

    Platform offering rural B2B E-commerce and logistics

    E-commerce enablers
    See in list
  2. Mensa Brands

    Online platform acquiring e-commerce brands and businesses

    E-commerce enablers
    See in list
  3. Ripplr

    Provider of distribution and logistics services for multiple industry verticals

    Logistics tech
    See in list
  4. Groyyo

    Provider of AI-powered manufacturing automation platform for MSME garment factories

    Brands tech
    See in list
  5. BRND.ME

    Developer of health, wellness, and lifestyle brands for the digital age

    Brands tech
    See in list
34 companies in India
Mobile reach

Top 10 brands tech apps from India

The most-installed Android apps published by brands tech companies headquartered in India — 15.3M installs between them. 71 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Wishlink Shopping App

by Wishlink

Installs6.1M
Rating3.56K ratings
Installs, year on year+160%
Last updatedMay 2026
View on Google Play ↗
Wishlink Shopping App screenshot 1Wishlink Shopping App screenshot 2Wishlink Shopping App screenshot 3Wishlink Shopping App screenshot 4Wishlink Shopping App screenshot 5
2

ClicFlyer-Weekly Deals, Coupon

by ClicFlyer

Installs5.5M
Rating4.021K ratings
Installs, year on year+21%
Last updatedMay 2026
View on Google Play ↗
ClicFlyer-Weekly Deals, Coupon screenshot 1ClicFlyer-Weekly Deals, Coupon screenshot 2ClicFlyer-Weekly Deals, Coupon screenshot 3ClicFlyer-Weekly Deals, Coupon screenshot 4ClicFlyer-Weekly Deals, Coupon screenshot 5ClicFlyer-Weekly Deals, Coupon screenshot 6
4

Coke Buddy for HCCB

by SalesCode.ai

Installs788K
Rating4.6994K ratings
Installs, year on year+22%
Last updatedMay 2026
View on Google Play ↗
Coke Buddy for HCCB screenshot 1Coke Buddy for HCCB screenshot 2Coke Buddy for HCCB screenshot 3Coke Buddy for HCCB screenshot 4Coke Buddy for HCCB screenshot 5Coke Buddy for HCCB screenshot 6
5

Checko

by Checko

Installs365K
Rating—
Last updatedMar 2026
View on Google Play ↗
Checko screenshot 1Checko screenshot 2
6

benny: AI fashion search

by benny

Installs308K
Rating—
Installs, year on year+500%
Last updatedMay 2026
View on Google Play ↗
benny: AI fashion search screenshot 1benny: AI fashion search screenshot 2benny: AI fashion search screenshot 3benny: AI fashion search screenshot 4benny: AI fashion search screenshot 5benny: AI fashion search screenshot 6
7

Aasaan - Create Online Store

by aasaan

Installs228K
Rating3.56545 ratings
Last updatedAug 2025
View on Google Play ↗
Aasaan - Create Online Store screenshot 1Aasaan - Create Online Store screenshot 2Aasaan - Create Online Store screenshot 3Aasaan - Create Online Store screenshot 4Aasaan - Create Online Store screenshot 5Aasaan - Create Online Store screenshot 6
8

Unizap : Ecommerce Business

by Unizap

Installs226K
Rating—
Installs, year on year+0%
Last updatedOct 2025
View on Google Play ↗
Unizap : Ecommerce Business screenshot 1Unizap : Ecommerce Business screenshot 2Unizap : Ecommerce Business screenshot 3Unizap : Ecommerce Business screenshot 4Unizap : Ecommerce Business screenshot 5Unizap : Ecommerce Business screenshot 6
9

ElasticRun Partner App

by ElasticRun

Installs107K
Rating—
Last updatedMay 2026
View on Google Play ↗
ElasticRun Partner App screenshot 1ElasticRun Partner App screenshot 2ElasticRun Partner App screenshot 3ElasticRun Partner App screenshot 4ElasticRun Partner App screenshot 5
10

Ezeepay 2.0 by Retail Scan

by Retail Scan

Installs72K
Rating—
Last updatedJun 2026
View on Google Play ↗
Ezeepay 2.0 by Retail Scan screenshot 1Ezeepay 2.0 by Retail Scan screenshot 2Ezeepay 2.0 by Retail Scan screenshot 3Ezeepay 2.0 by Retail Scan screenshot 4Ezeepay 2.0 by Retail Scan screenshot 5Ezeepay 2.0 by Retail Scan screenshot 6
The business behind the activity

Brands tech financials in India

Revenue, profit and growth from the filed annual accounts of 120 brands tech companies in India for FY24-25 — 143 of the 323 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 67% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,421.99 cr

120 companies filing accounts

combined net profit−₹1,138.52 cr

-15.3% aggregate margin

are profitable35%

42 of 120 companies

median revenue~₹3.3 cr

the typical company

median revenue growth+35%

into FY24-25

earned by the top five67%

revenue concentration

Six-year view

Combined revenue of filing companies

₹896.70 crFY19-2053 filers
₹1,945.00 crFY20-2167 filers
₹5,509.29 crFY21-2287 filers
₹8,148.98 crFY22-23102 filers
₹6,685.66 crFY23-24117 filers
₹7,421.99 crFY24-25120 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 84 companies over three years

-8%
FY22-23₹7,480.06 cr−₹1,042.61 cr net
FY23-24₹5,863.48 cr−₹840.46 cr net
FY24-25₹6,876.98 cr−₹950.21 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr4333% profitable
₹1–10 cr3639% profitable
₹10–100 cr2928% profitable
₹100–1,000 cr1060% profitable
Over ₹1,000 cr20% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking25
0–20%19
20–50%19
50–100%14
Doubled+30

107 companies with accounts for both years; median growth +35%.

Profitability

Profit is concentrated at the top

42profitable
78loss-making
-15.3%aggregate margin
-16.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Klug KlugKLUG TECH PRIVATE LIMITED
LiteStorePOPSPACE TECHNOLOGIES PRIVATE LIMITED
WishlinkCREATORMON PRIVATE LIMITED+340%₹56.44 cr
FollowGFOLLOWG GLOBAL PRIVATE LIMITED+235%₹239.11 cr
ZippeeZFW HOSPITALITY PRIVATE LIMITED
GlobalBeesGLOBALBEES BRANDS PRIVATE LIMITED+143%₹50.47 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED24.2%₹266.64 cr
UnicommerceUNICOMMERCE ESOLUTIONS LIMITED18.1%₹119.97 cr
Heera SoftwareHEERA SOFTWARE PRIVATE LIMITED
SalesJumpSAN MEDIA PRIVATE LIMITED
StylumiaSTYLUMIA INTELLIGENCE TECHNOLOGY PRIVATE LIMITED
EshopboxESHOPBOX E-COMMERCE PRIVATE LIMITED5.3%₹216.11 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
E-commerce enablers36₹4,116.27 cr~₹8.0 cr31%-11.2%
Brands tech36₹1,473.49 cr~₹2.8 cr42%-33.2%
Logistics tech6₹1,278.10 cr~₹20.1 cr50%-9.4%
In store retail tech9₹49.82 cr~₹24 lakh22%-18.1%
Marketingtech5₹39.26 cr~₹6.0 cr0%-45.6%
Leaders

Largest brands tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ElasticRunNTEX TRANSPORTATION SERVICES PRIVATE LIMITED₹2,765.76 cr−₹145.11 cr-5.2%+9%
RipplrINTELLIGENT RETAIL PRIVATE LIMITED₹1,169.65 cr−₹90.81 cr-7.8%+13%
BRND.MEMensa Brand Technologies Private Limited₹416.59 cr−₹252.83 cr-60.7%-20%
Urban RetailUrban Retail Private Limited₹332.23 cr₹2.94 cr0.9%+93%
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED₹266.64 cr₹64.65 cr24.2%+17%
FollowGFOLLOWG GLOBAL PRIVATE LIMITED₹239.11 cr₹38.81 lakh0.2%+235%
EshopboxESHOPBOX E-COMMERCE PRIVATE LIMITED₹216.11 cr₹11.50 cr5.3%+31%
Retail ScanRETAIL SCAN MANAGEMENT SERVICES PRIVATE LIMITED₹197.84 cr₹51.05 lakh0.3%+11%
ProzoPROZO INTEGRATED LOGISTICS PRIVATE LIMITED₹177.01 cr−₹9.34 cr-5.3%+44%
Blitzscale Technology SolutionsBLITZSCALE TECHNOLOGY SOLUTIONS PRIVATE LIMITED₹159.30 cr−₹14.35 cr-9.0%+50%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full brands tech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the brands tech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Brands tech funding and M&A across India

411 recorded equity rounds have gone to 383 brands tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months10

US$98.06m

equity rounds, last 24 months40

US$236.87m

raised over five yearsUS$1.73bn

251 rounds in India

M&A deals, India16

last 24 months

Capital by year

Equity funding into brands tech in India

amount rounds
$19m201820
$107m201938
$17m202029
$677m202174
$642m202262
$100m202343
$79m202439
$177m202528
$51m20265

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$677.11m across 74 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$7.17m38 rounds · median US$126k
SeedUS$141.31m146 rounds · median US$426k
Series AUS$474.39m37 rounds · median US$5.76m
Series BUS$495.03m19 rounds · median US$17.15m
Series CUS$154.66m8 rounds · median US$23.35m
Series D+US$454.73m3 rounds · median US$75.63m
Where the money went · five years

Most-funded sub-sectors

E-commerce enablersUS$947.85m76 rounds · 31 companies
Brands techUS$444.12m64 rounds · 26 companies
Logistics techUS$139.26m29 rounds · 7 companies
Business intelligenceUS$49.10m1 rounds · 1 companies
Online groceryUS$48.39m5 rounds · 2 companies
Social commerceUS$27.67m5 rounds · 2 companies
Sales force automationUS$20.40m3 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

15Acquisition
1Buyout

Most active acquirers

  1. Unicommerce5
  2. Diginex2
  3. Globalbees2
  4. Interluxe Group and North & Warren2
  5. Pine labs1

Most acquired or merged

  1. Shipway3
  2. Resulticks2
  3. Quinn2
  4. Shopflo1
  5. Candes Technology Private Limited1

Each deal appears in the events strip at the top of the page.

Brands tech funding in India

95 brands tech companies in India have recorded equity funding, US$1.93bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind brands tech companies in India. 236 of 323 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India brands tech companies by sub-sector

The most common specialisations among brands tech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring brands tech in India and nearby markets.

Coming soon