Best Retail Chains Companies in Mumbai, India
The 90 best Retail Chains companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Reliance Retail.
Ranked: Best Retail Chains companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Reliance Retail 🦄 Retail chain offering diversified products | $32.1B FY2025 | $7.7B | 33 mo ago | +5% | 4,293 | Node.jsReactNext.js+8 | 1 job opening · 1 award |
| 2 | Gitanjali Gems Diamond and jewelry house | $2.5B FY2017 | — | — | +19% | 648 | — | — |
| 3 | Croma Retail chain of consumer electronics and durable goods | $2.3B FY2025 | — | — | +7% | 13,134 13,134 → 10,146 (-23%) | Cart FunctionalityApple iCloud MailMicrosoft 365+33 | — |
| 4 | ABFRL Retail chain of premium lifestyle apparels | $893M FY2025 | — | 17 mo ago | +15% | 26,965 26,965 → 14,626 (-46%) | WordPressMySQLPHP+19 | — |
| 5 | Pantaloons Provider of online fashion apparel and home goods | $893M FY2025 | — | 131 mo ago | +15% | 29,551 | Cart FunctionalityNode.jsZoho+32 | — |
| 6 | More Retail chain of supermarkets | $556M FY2025 | — | 36 mo ago | +14% | — | PythonQuillApexCharts.js+16 | 6 job openings |
| 7 | Shoppers Stop Retailer of large format fashion and lifestyle products | $554M FY2025 | $1M | 104 mo ago | +7% | 6,327 6,327 → 11,582 (+83%) | Cart FunctionalitySAP Commerce CloudApple iCloud Mail+28 | 2 awards |
| 8 | Mufti Internet first brand of apparel for men | $74M FY2025 | $3M | 198 mo ago | +9% | 120 | Cart FunctionalityMagentoMySQL+23 | — |
| 9 | Frootle Provider of online and offline retail for home, kitchen, and wellness | $49M FY2025 | — | — | +35% | — | BootstrapApache HTTP ServerLazySizes+8 | — |
| 10 | JUST IN TIME Time Watches is a authorized retailer offering a wide range of premium watch brands | $43M FY2025 | $9M | 9 mo ago | +39% | 7 | ShopifySvelteMicrosoft Clarity+20 | 2 expansions |
| 11 | Godrej Natures Basket Chain of premium gourmet food and grocery stores | $38M FY2025 | — | — | +6% | 805 805 → 707 (-12%) | Node.jsRadix UITailwind CSS+15 | 1 award |
| 12 | Kohinoor Electronics Retailer of electronic appliances and accessories | $35M FY2025 | — | — | -5% | 129 | Cart FunctionalityPythonGoogle Maps+21 | — |
| 13 | Aza Fashions Retail chain for luxury and designer apparel and accessories | $34M FY2025 | $7M | 18 mo ago | +10% | 223 223 → 524 (+135%) | Cart FunctionalityAlgoliaUnbxd+33 | 2 job openings |
| 14 | WHP Jewellers Internet first brand of jewelry | $32M FY2025 | $13M | 25 mo ago | +49% | — | Cart FunctionalityNode.jsTypeScript+24 | — |
| 15 | Crossword Retailer of books, gifts, toys, stationery, and accessories | $30M FY2025 | — | — | +29% | 717 | Cart FunctionalityShopifySvelte+27 | — |
| 16 | Bang Overseas Manufacturer of men's apparel and exporter | $23M FY2025 | — | 156 mo ago | +40% | 16 | JoomlaPHPBootstrap+5 | — |
| 17 | Enrich Salons Chain of Beauty salon and spa treatment centers | $22M FY2022 | — | 192 mo ago | — | 1,494 | — | — |
| 18 | Cravatex Franchise of international brand. | $22M FY2025 | — | 110 mo ago | -16% | 150 | WordPressMySQLPHP+21 | — |
| 19 | Element Retail Streetwear brand with skateboarding at its roots, offering footwear, apparel, and skateboarding gear | $14M FY2025 | — | — | -3% | 12 | BootstrapLiteSpeedjQuery Migrate+5 | — |
| 20 | Gangar Eyenation Brand of eyewear | $12M FY2023 | — | — | — | 496 | WordPressMySQLPHP+33 | — |
| 21 | Tirumala Designers Retailer of women's ethnic wear, traditional fabrics, and designer clothing | $11M FY2024 | $306K | 182 mo ago | — | 3 | Cart FunctionalityShopifyjQuery-pjax+24 | — |
| 22 | CottonWorld Internet first brand of casual apparel wear for men and women | $9M FY2025 | — | — | +9% | 145 | Cart FunctionalityShopifyYouTube+28 | — |
| 23 | Brand Marketing India Franchisee of premium international apparel brands. | $7M FY2022 | $19M | 110 mo ago | +140% | 15 | — | — |
| 24 | Future Group Retailer of multi-format offline | $6M FY2024 | $3.4B | 69 mo ago | — | 32 | — | — |
| 25 | Big Bazaar Hypermarket chain with more than 200 stores | $6M FY2024 | — | — | — | 21,839 | — | — |
| 26 | Digjam Manufacturer of wool polyester and woolen fabrics for garment production | $3M FY2024 | — | — | -29% | 20 | WordPressMySQLPHP+16 | — |
| 27 | HyperCITY Retail Hypermarket. | $2M FY2019 | — | 192 mo ago | — | 1,855 | — | — |
| 28 | Jawed Habib Hair & Beauty Provider of hair and beauty salon services | $2M FY2022 | — | — | +127% | 12 | WordPressMySQLPHP+24 | — |
| 29 | Armstrong Products Contract based manufacturer & retailer of garments, foot wear, and safety gear products | $2M FY2025 | — | — | +8% | — | WordPressMySQLPHP+27 | — |
| 30 | Gutereise Retailer of travel gear, Swiss Army knives, and watches | $2M FY2025 | — | — | -24% | — | Cart FunctionalityShopifyYouTube+16 | — |
| 31 | Cravatex Brands Retailer of lifestyle, sports, and wellness products | $2M FY2025 | — | 51 mo ago | -14% | 160 | — | — |
| 32 | Eridani Retailer of women's footwear | $2M FY2025 | — | — | +754% | — | ShopifyYouTubeReact+20 | — |
| 33 | Ensemble Retailer of luxury Indian designer clothing and accessories | $511K FY2025 | — | — | -12% | 106 | Cart FunctionalityMagentoMySQL+18 | — |
| 34 | Kimaya Retailer of luxury designer wear. | $379K FY2019 | $9M | 177 mo ago | -61% | 3 | — | — |
| 35 | Just Watches Retail chain of watches | $164K FY2025 | — | — | -91% | 8 | Cart FunctionalityShopifyOxi Social Login+32 | — |
| 36 | Maroosh Lebanese Quick Service Restaurant | $5K FY2024 | $4M | 130 mo ago | +38% | — | — | — |
| 37 | Furtados Online store for musical instruments | $432 FY2022 | — | — | — | 375 | MagentoCart FunctionalityTypeScript+21 | — |
| 38 | Future Lifestyle Fashions Retail chain of fashion and clothing products | — | $510M | 76 mo ago | — | 3,841 | PleskWindows ServerMicrosoft ASP.NET+11 | — |
| 39 | DMart Retail chain of multi-category products | — | $574M | 76 mo ago | — | 14,898 14,898 → 22,107 (+48%) | MUIEnvoyGoogle Cloud+15 | — |
Top 12 Retail Chains companies in Mumbai
#1
Series A · Mumbai, Maharashtra · founded 2006 · 7 employees$9.1Mraised▾
Just In Time Watches is a luxury watch store that offers a wide range of fashion and premium watch brands such as Fossil, Longines, and Rado. They are a trusted and authorized retailer with multiple stores across India.
- Sep 2025Series A$9.1M
#2
Late Stage · Mumbai, Maharashtra · founded 2006 · 4293 employees$7.7Braised▾
Retail chain offering diversified products. Its product range includes groceries, apparel, footwear, electronics, home improvement products, and farm implements. It also operates a diverse range of store formats to cater to various consumer needs, that includes food, grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals.
- Sep 2023PE$250M
- Sep 2023PE$994.7M
- Nov 2020PE$1.3B
- Oct 2020PE$748M
#3
Series A · Mumbai, Maharashtra · founded 2005 · 223 employees$7.1Mraised▾
Retail chain for luxury and designer apparel and accessories. It offers bridal, couture and prêt collections for men and women, along with accessories, footwear, and jewellery. Has products created by the designers Manish Malhotra, Sabyasachi, Anamika Khanna, Anju Modi, Neeta Lulla, Varun Bahl, Rohit Bal, Gaurav Gupta, Rajesh Pratap Singh, Rahul Mishra among others.
- Dec 2024Series A$4.4M
- May 2023Series A$6.3M
- Mar 2022Series A$6.8M
#4
Series B · Mumbai, Maharashtra · founded 1997 · 32 employees$3.4Braised▾
Retailer of multi-format offline. It connect a diverse and passionate community of Indian buyers, sellers and businesses. It has hypermarkets business operated by Future Retail Limited, an integrated lifestyle fashion business operated by Future Lifestyle Fashion Limited, an FMCG and food distribution business operated by the company and infrastructure and backend services.
#5
Early Stage · Mumbai, Maharashtra · founded 1909$13Mraised▾
Luxury jewelry brand offering a wide range of diamond jewelry pieces for customers. Known for crafting unique and modern designs to elevate everyday looks.
#6
Public · Mumbai, Maharashtra · founded 2012 · 3841 employees$510.3Mraised▾
Retail chain of fashion and clothing products. The company manages & markets a broad portfolio of fashion brands that cater to men, women, and children across various fashion categories. It is offering shopping experiences through its own stores and brands.
- Feb 2020Post IPO$29.8M
- Nov 2019Post IPO$244.2M
- May 2018Post IPO$125M
- Nov 2017Post IPO$53.7M
#7
Public · Mumbai, Maharashtra · founded 2002 · 14898 employees$574.5Mraised▾
Retail chain of multi-category products. It offers a broad assortment of home and personal care products under one roof, including food, groceries, toiletries, beauty items, garments, kitchenware, bed and bath linen, home appliances, fruits, vegetables, dairy, frozen goods, crockery, toys, and private label brands.
- Feb 2020Post IPO$574.5M
#8
Deadpooled · Mumbai, Maharashtra · founded 2006 · 15 employees$18.8Mraised▾
Brand Marketing India, a part of Murjani Group is a retailer and distributor of luxury and premium international apparel brands. It was responsible for the launch of various international brands such as Tommy Hilfiger, Gucci, Calvin Klein, French Connection (FCUK) and T.M.Lewin. It has already exited the Tommy Hilfiger, Gucci and Calvin Klein and presently has the exclusive license of French Connection and T.M. Lewin. It has opened close to 700 stores in 53 Indian cities under various brands. In 2014, they have also got the exclusive rights for French Connection in Sri Lanka, Nepal, Bhutan, Pakistan, and Bangladesh.
- Mar 2017Series A$4.9M
- Sep 2013Series A$252.9K
- Dec 2011Series A$3.7M
- Jan 2008Series A$10M
#9
Late Stage · Mumbai, Maharashtra · founded 2002 · 3 employees$9.2Mraised▾
Kimaya is a retailer of uber-luxurious designer wear from 180 designers from the sub-continent. As of September, 2015 it has 12 retail points across Mumbai, New Delhi, Bengaluru, Surat, Hyderabad and Dubai. Sells online through its web portal kimaya.in. It has raised around 60 crores in private equity round from Franklin Templeton Private Equity Strategy in 2011. The online business is a managed marketplace model for designers apparel.
- Sep 2011PE$9.2M
#10
Deadpooled · Mumbai, Maharashtra · founded 2011$3.9Mraised▾
Maroosh is a chain of quick service restaurants (QSR) serving Lebanese fast food items like shawarma, hummus, wraps, kebabs, etc. Currently operates 17 outlets in Mumbai. It allows users to order online (mobile apps) as well as over hotline. It is owned by Impresa Hospitality. It raised $2.9M from Ronnie Screwvala for a 43.5% stake. Received $1M of funding fro TCVF. Planning to open 300 outlets in India by 2020.
- Aug 2015Series A$1M
- Mar 2014Series A$2.9M
#11
Series A · Mumbai, Maharashtra · founded 1998 · 120 employees$2.8Mraised▾
Internet first brand of apparel for men
#12
Public · Mumbai, Maharashtra · founded 1991 · 6327 employees$1.2Mraised▾
Retailer of large format fashion and lifestyle products. Its product line includes apparel, beauty, home decor, fragrances, accessories, luxury watches, and more.
Funding & investor landscape
Amazon3 roundsNotable founders
Market landscape — 10 sub-themes by coverage
Share of Retail Chains coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
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.