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Radar · In Store Retail Tech in Mumbai

Best In Store Retail Tech Companies in Mumbai, India

The 72 best In Store Retail Tech companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fynd.

72companies tracked
$21.6Mdisclosed funding
0unicorns
16have raised

Ranked: Best In Store Retail Tech companies in Mumbai

#CompanyRevenueDisclosed fundingEmployeesFounderTech stackSEO maturityRecent signals
1Karix
Mobile marketing and customer engagement solutions for businesses
$282M
FY2025
—390
390 → 493 (+26%)
Sidhant SachdevWordPressMySQLPHP+31rich—
2BrandVisible
Software solution for store visibility management and business insights
$55M
FY2022
—154Puneet Bansal
Co-Founder & VP Products
———
3Easy POS
Web based POS software
$43M
FY2025
—509Lalit Singh
Co-Founder
———
4Fynd
Platform powering online and in-store retail operations using AI-driven tools
$24M
FY2025
$16M919
919 → 1,205 (+31%)
Sreeraman Girija
Co-Founder
WebflowCart FunctionalityApple iCloud Mail+31rich1 expansion · 1 award
5Evolute
Embedded systems and fintech solutions provider
$9M
FY2025
$241K287
287 → 173 (-40%)
Amit Mehta
Co-Founder
WordPressMySQLPHP+24rich1 job opening
6BRIO
Cloud-based analytical solution provider for retail businesses
$1M
FY2025
—42————
7Acme Infovision
Provider of ERP solution provider for jewelry manufacturers and traders
$1M
FY2025
—195Umesh Bora
Founder
WordPressApple iCloud MailMySQL+23basic—
8iStreet Network
Provider of AI-powered retail solutions and IT observability tools
$717K
FY2025
—1Lakshya Malu
Co-Founder
WordPressMySQLPHP+16rich—
9Avax Pro Tech
Platform offering ERP software and solutions for distributors
$374K
FY2025
——————
10MobiSwipe
Mobile POS payment service.
$353K
FY2025
$381K26————
11Onspot Solutions
Anti-couterfeiting and retail analytics solutions
$259K
FY2025
——————
12RedSky Technologies
Platform offering analytics solution for retail businesses
$186K
FY2022
$1M18————

Top 12 In Store Retail Tech companies in Mumbai

#1
Seed · Mumbai, Maharashtra · founded 2022 · 10 employees
$208.4Kraised
▾

SaaS platform enabling seamless communication between sellers, buyers, and brokers. This innovative solution caters to the communication needs related to transactions, ensuring efficient record keeping on a single platform. It replaces conventional methods like phone, email, and courier with a single end-to-end communication platform. The platform offers features like real-time product catalogue display, bill communication, and payment updates. Sectors served include textile, cement, iron & steel, hardware, electrical services, and more. The platform is available on mobile and web, offering seamless connectivity, customization, efficient record keeping, and universal access to transactional summaries. It facilitates real-time invoice generation and MIS reporting, promoting digital and error-free communication.

Funding rounds
  • Dec 2022Seed—
  • May 2022Seed$208.4K
Investors
Sproutus Ventures
#2
Seed · Mumbai, Maharashtra · founded 2021 · 151 employees
$111.3Kraised
▾

Software-based billing and invoicing for businesses. It offers solutions for billing management, GST management, inventory management, payment management, reminders, reports, collections, banking reconciliation, and more. Its app is available for Android users.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Jan 2023Angel$111.3K
Founders & team
Rishikesh SakarkarCo-Founder & CBOGaurav KateCo-Founder & CEOMakarand KateCo-Founder - Chief Technology Officer
Investors
Arali Ventures
#3
Acquired · Mumbai, Maharashtra · founded 2012 · 919 employees
$16Mraised
▾

Platform powering online and in-store retail operations using AI-driven tools. It enables brands to build and manage e‑commerce sites, mobile apps, and physical store experiences from a single interface. The platform supports catalog management, personalized marketing, order fulfillment, logistics, analytics, and immersive features like AR try-ons.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 74k LinkedIn followers — 26.9% of this cohort's audience · 42 engagements/post (1.9× cohort median)
Activity: 1 awards · 1 expansions announced in 12 mo
Funding rounds
  • Mar 2018Series C$9.1M
  • Nov 2016Series A$4.5M
  • Nov 2015Seed$1.7M
  • Jun 2014Seed$399.7K
Founders & team
Sreeraman GirijaCo-FounderFarooq AdamCo-Founder
Investors
Kae Capital, Kalysta Capital, Groundupp Ventures, Soham Group, GI Retail, Titan Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesApple Icloud MailApple Sign-InCart Functionality
#4
Seed · Mumbai, Maharashtra · founded 2015 · 5 employees
$834.6Kraised
▾

Provider of SaaS-based proximity marketing solutions for O2O businesses. It enables users to locate, access, market, analyze, and manage mobile location data for decision making. Its offering includes geofences, communication trackers, communication measurement tools, physical distance measurements, analytic tools, and customer visit reports. The company also provides visit management solutions and employee management solutions.

Funding rounds
  • Sep 2021Seed$508K
  • Mar 2019Seed$326.6K
Founders & team
Anand ViraniFounder & CEO
Investors
Morris Street Advisors, Rak Family LLC, MapmyIndia, iExponential
#5
Seed · Mumbai, Maharashtra · founded 2016 · 18 employees
$1.1Mraised
▾

Platform offering analytics solution for retail businesses. It provides a feedback platform intended to support consumer companies with their product and promotion performance. Using the data, retail and CPG companies can plan inventory management, production planning, and distribution strategies, etc. It also offers consumption analysis, spends monitoring, behavioral analysis and risk mitigation, automated/assisted replenishment, store risk assessment, integrated payments solution, and more.

Funding rounds
  • Aug 2019Seed$696.4K
  • Nov 2017Angel$433.8K
Investors
Startup-O, Eden Ventures, CoE-IoT
Tech stack
WordpressMysqlPhpGoogle MapsSmart Slider 3Jetpack
#6
Seed · Mumbai, Maharashtra · founded 2013 · 75 employees
$192.2Kraised
▾

Gray Routes provides proprietary mobile app solutions and distribution technology that enable customers to automate and monitor distribution operations on-field. Also started on-demand last mile delivery services by on-boarding delivery boys on their platform. Its product GrayDrop provides GPS-based dynamic route mapping and helps companies to monitor the distribution of their products/services and delivery networks. Its product GoStocky helps retailers in inventory management. Its other product GrayFOS helps in driving the productivity of field sales team. The company caters to several sectors including FMCG, telecom, food services, e-commerce and logistics.

Funding rounds
  • Nov 2019Angel$92.2K
  • Feb 2016Seed—
  • Jul 2013Angel$100K
Founders & team
Sapna PatelCo-Founder & COOSoubhagya SahooCo-Founder & CEO
Investors
LogX, Startup Reseau, Creative Destruction Lab
Tech stack
BootstrapAmazon Web ServicesApache Http ServerJqueryGoogle AdsenseFreshchat
#7
Deadpooled · Mumbai, Maharashtra · founded 2014
$1Mraised
▾

Smartphone app for end consumers to discover businesses in their location along with a backend cloud platform for offline businesses to manage their reach to the customers. The platform enables businesses to connect with customers looking for products along with in-store customer engagement through the app. Its Dynamic Content Platorm (DCP) enables media channels to deepen customer engagement by enabling interactivity in passive ads.

Funding rounds
  • May 2016Conventional Debt$1M
Founders & team
Malti SanghaviFounder
Tech stack
PhpUbuntuNginxGoogle Font ApiOpen Graph
#8
Seed · Mumbai, Maharashtra · founded 2012 · 2 employees
$758.7Kraised
▾

Cloud-based software solutions for multi-channel retailers. Its mPOS solution allows retailers to sell online and in-store. Its features include payment gateways, order and inventory management, marketing tools, logistics and fulfilment, reporting and analytics and more. It enables retailers to take credit and debit card payments with their smartphones and tablets and also accepts bill utility payments, mobile top-up and recharge and more. It caters to multiple sectors including retail, food and beverage, wellness, travel and transport and more. Its mobile app is available for Android and iOS platforms.

Funding rounds
  • Jun 2016Seed$758.7K
Founders & team
Akash AuroraCo-FounderRamandeep ChadhaCo-FounderSiddharth AroraCo-Founder & CEO
Investors
Aditya Birla Bizlabs
Tech stack
Cart FunctionalityWordpressMysqlPhpWoocommerceNginx
#9
Acquired · Mumbai, Maharashtra · founded 2011 · 26 employees
$381Kraised
▾

MobiSwipe enables merchants to accept credit & debit card payments using card swiper (mobipay) with android smartphone or tablet loaded with mobiswipe app. The company will not charge a rental from merchants but will levy a transaction fee, which would vary from merchant to merchant depending on the volume and value of the transactions. Payments will be settled the next day.

Funding rounds
  • Apr 2016Seed—
  • Oct 2012Seed$381K
Investors
Paytm, One97 Mobility Fund
Tech stack
PleskWindows ServerGoogle MapsYoutubeMicrosoft Asp.NetIis
#10
Acqui-Hired · Mumbai, Maharashtra · founded 2014 · 8 employees
$404.1Kraised
▾

Focus Analytics provides location-based analytics tools for retailers for the customer loyalty programs, rewarding and engaging with customers. It also provides solutions for the optimization of store functionality via insights on shelf space allocation, product placement, and cross-selling trends. It also provides solutions to make indoor navigation, price comparison and deals discovery easy for the customer. Claims to have more than 5000 stores mapped onto its platform in Mumbai as of Dec 2015 and planning to expand to Bangalore, Delhi, and other cities. Founded by IIT Bombay alumni. Earlier known as RetailNav. Joined Pitney Bowes India Accelerator. Raised undisclosed amount in angel funding led by strategic investors spanning across banking, logistics and telecom sectors in Dec 2015.

Funding rounds
  • Dec 2015Angel$404.1K
Investors
Zone Startups India
#11
Seed · Mumbai, Maharashtra · founded 2014 · 4 employees
$121.3Kraised
▾

Provider of agricultural machinery. The platform offers different agricultural equipment such as reaper binder, flower harvester, biomass equipment, etc.

Funding rounds
  • Jun 2017Angel$41.3K
  • Apr 2017Angel—
  • Oct 2015Angel$80K
Founders & team
Ramakrishnan AmbravaneswaranCo-Founder
Investors
Delna Avari, Jamsheed Gandhi, Puneet Bhatia, Rajeev Agarwal, Saurabh Singh, Souvik Mukherjee
#12
Early Stage · Mumbai, Maharashtra · founded 1970 · 287 employees
$240.7Kraised
▾

Embedded systems and fintech solutions provider. The company designs and manufactures embedded systems, focusing on areas such as payment solutions, biometric authentication, and energy storage. Their offerings also extend to cleantech solutions and industrial electronics. The company's products are used in diverse sectors, including financial inclusion initiatives and smart city projects. They aim to empower people through technological advancements.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 4.3% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: General Manager QA-QC
Founders & team
Amit MehtaCo-FounderRamachandra HanumanthappaCo-FounderAmitha MehtaCo-Founder
Investors
Vertex Holdings, Evolute Ventures
Tech stack
CloudflareCloudflare Bot ManagementCore-JsElementorGoogle AnalyticsGoogle Font Api

Funding & investor landscape

$21.6Mtotal disclosed funding
16companies funded
22disclosed rounds
0rounds last 90 days
Most active investors
Startup Reseau2 rounds
9Syndicate1 rounds
Aditya Birla Bizlabs1 rounds
Akshay Mittal1 rounds
Arali Ventures1 rounds
Artha India Ventures1 rounds
Axilor Accelerator1 rounds
Axis Capital Partners1 rounds
CIE IIITH1 rounds
CoE-IoT1 rounds

Notable founders

Rishikesh Sakarkar
Co-Founder & CBO · EZOApp
Gaurav Kate
Co-Founder & CEO · EZOApp
Sreeraman Girija
Co-Founder · Fynd
Farooq Adam
Co-Founder · Fynd
Anand Virani
Founder & CEO · Inventa
Sapna Patel
Co-Founder & COO · Gray Routes
Soubhagya Sahoo
Co-Founder & CEO · Gray Routes
Malti Sanghavi
Founder · Appie
Akash Aurora
Co-Founder · ePaisa
Ramandeep Chadha
Co-Founder · ePaisa
Ramakrishnan Ambravaneswaran
Co-Founder · BeaconsTalk
Amit Mehta
Co-Founder · Evolute
Prism market signals · India · country-scoped Prism corpus, 6,420,210 docs

Market landscape — 10 sub-themes by coverage

Share of In Store Retail Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many In Store Retail Tech companies are there in Mumbai, India?
Radar tracks 72 indexable In Store Retail Tech companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by In Store Retail Tech companies in Mumbai, India?
The In Store Retail Tech companies in Mumbai, India on this list have raised a combined $21.6M in disclosed equity funding across 16 funded companies.
Which is the highest-funded In Store Retail Tech company in Mumbai, India?
Fynd is the highest-funded In Store Retail Tech company in Mumbai, India, with $16M in disclosed equity funding.
How many In Store Retail Tech companies in Mumbai, India are funded?
16 of the 72 In Store Retail Tech companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many In Store Retail Tech unicorns are there in Mumbai, India?
None of the In Store Retail Tech companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India In Store Retail Tech companies?
The most active investors in Mumbai, India In Store Retail Tech companies on this list include Startup Reseau, 9Syndicate, Aditya Birla Bizlabs, Akshay Mittal, Arali Ventures.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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