Company lists
The Ernakulam edition · 2026

Retailcompanies in Ernakulam

Retail stores, online stores, fashion, electronics, wholesale and more: the companies building retail in Ernakulam, with their founders, funding, team size and business models.

71 company profiles21 with reported revenue1 with recorded fundingOctober 2026 edition
Ernakulam · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent retail business events in India

Funding, M&A, contract wins and launches involving 29,697 retail companies in India, last 24 months: 312 funding rounds · 248 M&A deals · 118 launches · 94 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Meesho acquires Kirana club

The renowned e-commerce company Meesho has acquired the platform 'Kirana Club' which serves small retailers. The deal of around ₹202 crore has given the opportunity to the existing…

Small retailers
ContractSupply

Sbc exports · client: HUXXE Readymade Garments Trading LLC

SBC Exports has secured an export order worth around Rs 18 crore from M/s HUXXE Readymade Garments Trading LLC. The order is for supply of various Garment articles including T-Shirts,…

Textiles
FundingFresh Funding

Magicpin

Magicpin, a hyperlocal discovery and rewards platform, has raised $20 million, or Rs 142 crore, in a fresh round of funding led by venture capital firm Lightspeed Venture Partners.

Investors Lightspeed venture partners, Lightspeed India Partners, Waterbridge ventures
Hyperlocal discovery and rewards platform
Launch25th Store

Newme

NEWME Opens 25th Store In India, Expands Retail Presence With Vadodara Launch Fashion-tech brand NEWME has achieved a major retail milestone with the launch of its new...

Fashion-tech Retail
ContractSupply

Welspun One · client: Amazon India

Signed deals include a 5.9 lakh sq. ft. single-box facility for Amazon India

Logistics
ContractService

BrandMan Retail · client: Skechers India

Skechers India has selected Brandman Retail as an authorized reseller to manage its business across online marketplaces including Amazon, Flipkart, Myntra, Ajio, Tata CLiQ, and Nykaa…

Retail
FundingPre-Series C

Zouk

Zouk is preparing for its next phase of growth with a fresh ₹60 crore pre-Series C funding round, reinforcing investor confidence in one of India's fastest-growing D2C fashion and…

D2C fashion and lifestyle
FundingStrategic Investment

Rosada

Rosada, an Indian premium kids lifestyle brand, announced an undisclosed strategic investment from Shilpa ShettyKundra.

Investors Shilpa ShettyKundra
Kids lifestyle
LaunchHOPPR® AI Foundry

Hoppr

HOPPR today announced that HOPPR® AI Foundry is now available in AWS Marketplace.

Medical imaging AI development
M&AAcquisition · Announced

L'Oreal India acquires Innovist

L'Oreal India is in advanced talks to acquire a majority stake in Innovist, the parent company of direct-to-consumer beauty brands like Bare Anatomy.

Beauty
M&AAcquisition · Announced

Popees baby care acquires Popees Baby Care Products

The Board of Popees Baby Care India Limited (formerly Hari Govind International Limited) has considered and deliberated upon a proposed strategic acquisition and investment transaction…

Baby care and kidswear
LaunchTata Neu

Tata digital

Among the most ambitious attempts is Tata Neu, the super app developed by Tata Digital. Launched to unify the Tata Group's consumer businesses under one platform, Tata Neu combines…

Super App
LaunchCCNow

Culture Circle

Culture Circle, India's curated marketplace for premium sneakers, streetwear, luxury fashion and lifestyle, today announced the launch of CCNow, a same-day delivery service going live…

Premium sneakers, streetwear, luxury fashion and lifestyle marketplace
FundingSeries Funding

Ondc

The Open Network for Digital Commerce (ONDC) has raised Rs 220 crore from software company Zoho, ride-hailing platform Uber, fintech major Paytm and BSE Technologies, as the…

Investors Zoho, Uber, Paytm, Bse technologies
Digital commerce
LaunchMyntra EORS

Myntra

Myntra EORS Set To Empower 15,000 Emerging Brands Across Indian Fashion Ecosystem Advancing its role as a growth catalyst for India's e-lifestyle ecosystem, Myntra has announced the...

Fashion / E-commerce Support
FundingFirst Institutional Funding

Yes madam

The shift comes as at-home salon platform Yes Madam has secured its first institutional funding round from Info Edge after nine years of bootstrapping

Investors Info edge
At-home salon platform
M&AAcquisition · Completed

Itc acquires Mother Sparsh

ITC increased its stake in Mother Sparsh to 49.32% after acquiring an additional stake in the baby and personal care brand for Rs 30 crore.

Ayurvedic and natural personal care
M&AAcquisition · Completed

Articore acquires Frankly wearing

Articore, the company behind global creator marketplaces Redbubble and TeePublic, announced it has completed the acquisition of India-based print-on-demand creator marketplace Frankly…

Print-on-demand creator marketplace
M&AAcquisition · Completed

The Estée Lauder Cos. acquires Forest essentials

The Estée Lauder Cos., for example, recently entered into an agreement to acquire the remaining 51 percent of Indian ayurvedic beauty brand Forest Essentials.

Beauty
M&AMerger · Announced

Amazon India acquires Amazon MX Player

Amazon India on Thursday announced the strategic merger of Amazon MX Player and Prime Video, creating a single, comprehensive streaming platform.

Streaming
M&AAcquisition · Completed

Articore Group acquires Frankly wearing

Articore has completed the acquisition of Frankly Wearing, an India-based print-on-demand creator marketplace, for US$900,000.

Print-on-demand creator marketplace
LaunchDoctor on Call

Flipkart

In addition to training employees to recognise the signs of heat stress early on, Flipkart is enhancing rest rooms, making sure employees have access to water, providing 'Doctor on Call'…

Health Service
FundingPre-seed

MHYTH

MHYTH secured ₹5 crore (~$600,000) in pre‑seed funding , backed by a Mumbai‑based single‑family office led by businessman Mohammed Asief Khan.

Investors Mohammed Asief Khan
Fashion - Luxury Innerwear
Launch40% discount promotion (code FUTURE)

Tradeify

Tradeify, a U.S.-based proprietary trading firm specializing in futures markets, today announced the return of its flagship 40% discount across all funded account programs.

Promotional discount
FundingSeries A

Kisah

Kisah Raises ₹35.9 Cr in Series A Round Men's and kids' ethnic wear brand Kisah has raised ₹35.9 crore in a Series A round led by Fireside Ventures, with several individual investors…

Investors Fireside ventures, Several individual investors
Ethnic wear
Launch

Cashify

Cashify announced that its offline footprint has expanded to 95 cities with over 250 Cashify’s Branded outlets.

M&AAcquisition · Announced

JSW One Platforms acquires BuildNext Construction Solutions

IPO-bound B2B marketplace JSW One Platforms has acquired Pidilite Ventures-backed proptech startup BuildNext Construction Solutions as it looks to expand its presence in India's…

Proptech
M&AAcquisition · Completed

Jsw one acquires Buildnext

JSW One Platforms Limited, the e-commerce arm of the $24 billion JSW Group, has concluded the acquisition of tech-enabled construction startup BuildNext.

Tech-enabled construction
Funding

Ultrahuman

On the other hand, Ultrahuman continues to lead the health wearable space with a $48 million round, helping people track their metabolism in real-time.

M&AAcquisition · Announced

Burgundy brand collective acquires Le Mill

Burgundy Brand Collective has agreed to buy Le Mill for an undisclosed sum in a deal expected to see the multi-brand retailer expand beyond its single Mumbai location into multiple…

Retail companies in Ernakulam, by revenue

Browse retail companies in Ernakulam by reported revenue, one-year revenue growth, revenue model, age and stage. The 21 companies below are the largest by their most recent reported revenue among 21 retail companies in Ernakulam that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 21 of 21

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
11postings · last posted Sep 2026

Private label brand and online retailer of lifestyle apparel

Fashion tech
₹161.42 crFY 2022-23
Not reported
211LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted May 2026

Retailer offering global brands in confectionery, beauty, liquor, and food powders

Retailers
₹145.69 crFY 2021-22
Not reported
—Not available
24 yr2002
—No postings tracked

Retail chain of gold, silver, platinum, and diamond jewelry

Retail chains
₹108.60 crFY 2022-23
Not reported
175+41% vs previous recordrecorded
101 yr1925
—No postings tracked

Retailer of precious metal bullion products for investment and collection

Wholesalers
₹110.21 crFY 2024-25
+38%2024–2025
—Not available
15 yr2011
0none in 3 months

Distributor of food & beverage, confectionery, snacks, chocolate, home cleaning products and baby products.

Wholesalers
₹64.84 crFY 2021-22
Not reported
57LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Computer hardware retailer offering a range of products and services

Retail chains
₹11.92 crFY 2024-25
-74%2024–2025
23-4% 12 mo to Sep 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of farm-to-business fresh produce supply chain solutions

Crop tech
₹11.70 crFY 2024-25
+6%2024–2025
3LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Wholesaler of variety of products

Wholesalers
₹4.62 crFY 2024-25
+65%2024–2025
—Not available
4 yr2022
0none in 3 months

Retailer of jewelry products

Retailers
₹2.23 crFY 2024-25
-47%2024–2025
—Not available
15 yr2011
0none in 3 months

Mobile-based app for deal discovery at local offline retail stores

Marketingtech
₹2.01 crFY 2024-25
-58%2024–2025
62-31% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Internet first brand offering organic skincare products

Beauty tech
₹1.13 crFY 2024-25
+320%2024–2025
—Not available
4 yr2022
0none in 3 months

Retail chain of furniture

Retail chains
₹93.19 lakhFY 2021-22
Not reported
30LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Online platform offering air monitoring devices

Smart homes
₹57.47 lakhFY 2022-23
Not reported
12LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Platform offering a range of diffusers and accessories

Consumer electronics e-commerce
₹60.52 lakhFY 2024-25
+4%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of sustainable biocomposite materials derived from bacterial cellulose

Fashion tech
₹43.07 lakhFY 2022-23
-21%2022–2023
—Not available
9 yr2017
0none in 3 months

Developer of an e-procurement system offering vendor and catalogue management

B2b e-commerce
₹17.23 lakhFY 2024-25
+29%2024–2025
—Not available
8 yr2018
0none in 3 months

Retailer of gifts

Retailers
₹6.41 lakhFY 2023-24
Not reported
14LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online platform offering a wide range of sustainable toys for kids

Mom & baby care
₹4.98 lakhFY 2024-25
+122%2024–2025
—Not available
4 yr2022
0none in 3 months

Online platform offering eco friendly multi category products

Horizontal e-commerce
₹4.01 lakhFY 2021-22
Not reported
—Not available
7 yr2019
0none in 3 months

Online platform for custom print products

Online gifting
₹3.04 lakhFY 2023-24
-73%2023–2024
—Not available
10 yr2016
0none in 3 months
21 of 71 companies shown here · the full list is on Radar
Fliar Radar

Explore all 71 retail companies in Ernakulam on Radar

This page shows the top 21. Radar has the complete, filterable list with contacts and live company signals.

Open retail in Ernakulam on Radar
  • Every company, not just 50All 71 retail companies in Ernakulam, 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.
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Explore retail companies in Ernakulam by what you are looking for

Find retail companies in Ernakulam, from retail chains and stores to online marketplaces and wholesalers. See retail startups in Ernakulam and the retail companies hiring now.

8 ways to explore retail in Ernakulam

Retailers & retail chainsOnline marketplaces & e-commerce storesFashion & apparel brandsConsumer electronics & air care retailersWholesalers & B2B suppliersBeauty, skincare & baby care brands

Retailers & retail chains

Retail stores and chains selling jewelry, gifts, furniture and electronics.

  1. Cochin Duty Free

    Retailer offering global brands in confectionery, beauty, liquor, and food powders

    Retailers
    See in list
  2. Bhima

    Retail chain of gold, silver, platinum, and diamond jewelry

    Retail chains
    See in list
  3. Forerun Computers and systems

    Computer hardware retailer offering a range of products and services

    Retail chains
    See in list
  4. Millennium Gold

    Retailer of jewelry products

    Retailers
    See in list
  5. Dtale Modern

    Retail chain of furniture

    Retail chains
    See in list

Online marketplaces & e-commerce stores

Online stores and marketplaces selling many product categories.

  1. V-Star

    Private label brand and online retailer of lifestyle apparel

    Fashion tech
    See in list
  2. Freshcraft

    Online platform offering air monitoring devices

    Smart homes
    See in list
  3. Iraaloom

    Online platform offering eco friendly multi category products

    Horizontal e-commerce
    See in list
  4. Wisholize

    Online platform for custom print products

    Online gifting
    See in list
  5. Paper Green

    Retailer of paper and related products, launching an e-commerce platform

    Stationery e-commerce
    Website

Fashion & apparel brands

Fashion brands and online apparel stores.

  1. V-Star

    Private label brand and online retailer of lifestyle apparel

    Fashion tech
    See in list
  2. Bhima

    Retail chain of gold, silver, platinum, and diamond jewelry

    Retail chains
    See in list
  3. Malai

    Provider of sustainable biocomposite materials derived from bacterial cellulose

    Fashion tech
    See in list
  4. Yu Collective

    Online fashion brand offering a wide range of apparel for men

    Apparel brands
    Website
  5. KickFlip

    Platform offering sneakers

    Fashion tech
    Website

Consumer electronics & air care retailers

Sellers of electronics, computers, air purifiers and smart home devices.

  1. Freshcraft

    Online platform offering air monitoring devices

    Smart homes
    See in list
  2. BubbleO

    Provider of indoor air purifiers

    Air pollution management tech
    Website
  3. Diaguncart Technologies

    Wholesaler of consumer goods

    Wholesalers
    Website
  4. Trade X

    Online retailer of computer hardware, peripherals, and networking accessories

    Consumer electronics e-commerce
    Website
  5. Tecq

    Retailer of mobile phones, laptops, smart TVs, and related accessories

    Consumer electronics e-commerce
    Website

Wholesalers & B2B suppliers

Wholesale distributors and B2B e-commerce suppliers.

  1. Goldtree Bullion India

    Retailer of precious metal bullion products for investment and collection

    Wholesalers
    See in list
  2. Sunbeam Ventures

    Distributor of food & beverage, confectionery, snacks, chocolate, home cleaning products and baby products.

    Wholesalers
    See in list
  3. Farms2B

    Provider of farm-to-business fresh produce supply chain solutions

    Crop tech
    See in list
  4. Pdlprint

    Retailer of personalized gifts, apparel, and promotional items online

    B2b e-commerce
    Website
  5. Keedanashini

    Wholesale and retail pest control equipment and pesticides

    Wholesalers
    Website

Beauty, skincare & baby care brands

Skincare, herbal and kids' product brands.

  1. Gunam

    Internet first brand offering organic skincare products

    Beauty tech
    See in list
  2. Aariv Toys

    Online platform offering a wide range of sustainable toys for kids

    Mom & baby care
    See in list
  3. Kids World Fun

    Online educational games and resources for kids

    Pre-k edtech
    Website
  4. Boon Kids

    Online platform selling kids' apparel

    Mom & baby care
    Website
  5. Therefore I'm

    Online retailer of skincare, haircare, and nutraceutical products for consumers

    Beauty tech
    Website

Retail startups in Ernakulam

Newer retail companies founded in the last few years.

  1. Farms2B

    Provider of farm-to-business fresh produce supply chain solutions

    Crop tech
    See in list
  2. Ocean Merchants

    Wholesaler of variety of products

    Wholesalers
    See in list
  3. Gunam

    Internet first brand offering organic skincare products

    Beauty tech
    See in list
  4. Dtale Modern

    Retail chain of furniture

    Retail chains
    See in list
  5. Freshcraft

    Online platform offering air monitoring devices

    Smart homes
    See in list
22 companies in Ernakulam

Retail companies hiring in Ernakulam

Retail companies in Ernakulam with open roles right now.

  1. Litmus7

    eCommerce enablers for retailers

    E-commerce enablers
    See in list
  2. V-Star

    Private label brand and online retailer of lifestyle apparel

    Fashion tech
    See in list
  3. Chempakam

    Online fashion brand offering a wide range of ethnic wear apparel for women

    Apparel brands
    Website
  4. Tecq

    Retailer of mobile phones, laptops, smart TVs, and related accessories

    Consumer electronics e-commerce
    Website
4 companies in Ernakulam
Mobile reach

Top 6 retail apps from Ernakulam

The most-installed Android apps published by retail companies headquartered in Ernakulam — 161K installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 6
1

Bhima Jewels

by Bhima

Installs156K
Rating—
Last updatedMay 2026
View on Google Play ↗
Bhima Jewels screenshot 1Bhima Jewels screenshot 2Bhima Jewels screenshot 3Bhima Jewels screenshot 4Bhima Jewels screenshot 5Bhima Jewels screenshot 6
4

Farms2B Fruits & Vegetable App

by Farms2B

Installs482
Rating—
Last updatedAug 2025
View on Google Play ↗
Farms2B Fruits & Vegetable App screenshot 1Farms2B Fruits & Vegetable App screenshot 2Farms2B Fruits & Vegetable App screenshot 3Farms2B Fruits & Vegetable App screenshot 4
5

Dett – Groceries Delivered!

by DeTT

Installs407
Rating—
Last updatedMar 2026
View on Google Play ↗
Dett – Groceries Delivered! screenshot 1Dett – Groceries Delivered! screenshot 2Dett – Groceries Delivered! screenshot 3
6

Litmus7 Tribe

by Litmus7

Installs28
Rating—
Last updatedFeb 2026
View on Google Play ↗
Litmus7 Tribe screenshot 1Litmus7 Tribe screenshot 2Litmus7 Tribe screenshot 3Litmus7 Tribe screenshot 4Litmus7 Tribe screenshot 5Litmus7 Tribe screenshot 6
The business behind the activity

Retail financials in Ernakulam

Revenue, profit and growth from the filed annual accounts of 13 retail companies in Ernakulam for FY24-25 — 18 of the 71 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 97% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹709.76 cr

13 companies filing accounts

combined net profit₹74.48 cr

10.5% aggregate margin

are profitable46%

6 of 13 companies

median revenue~₹4.6 cr

the typical company

median revenue growth+15%

into FY24-25

earned by the top five97%

revenue concentration

Six-year view

Combined revenue of filing companies

₹429.69 crFY19-209 filers
₹573.83 crFY20-2110 filers
₹770.77 crFY21-2211 filers
₹661.05 crFY22-2316 filers
₹599.57 crFY23-2415 filers
₹709.76 crFY24-2513 filers

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

Like-for-like

The same 11 companies over three years

+38%
FY22-23₹504.34 cr₹78.78 cr net
FY23-24₹599.14 cr₹75.44 cr net
FY24-25₹697.80 cr₹74.31 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 cr30% profitable
₹1–10 cr450% profitable
₹10–100 cr250% profitable
₹100–1,000 cr475% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking2
0–20%5
20–50%2
50–100%1
Doubled+2

12 companies with accounts for both years; median growth +15%.

Profitability

Profit is concentrated at the top

6profitable
7loss-making
10.5%aggregate margin
-1.2%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
Goldtree Bullion IndiaGOLDTREE BULLION INDIA PRIVATE LIMITED+38%₹110.21 cr
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED+17%₹266.64 cr
Sunbeam VenturesSUNBEAM MERCHANTILE VENTURES PRIVATE LIMITED+13%₹139.36 cr
V-StarV STAR CREATIONS PRIVATE LIMITED+10%₹159.12 cr
Farms2BFARMS2BUSINESS PRIVATE LIMITED+6%₹11.70 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED24.2%₹266.64 cr
Sunbeam VenturesSUNBEAM MERCHANTILE VENTURES PRIVATE LIMITED7.2%₹139.36 cr
Goldtree Bullion IndiaGOLDTREE BULLION INDIA PRIVATE LIMITED4.4%₹110.21 cr
Forerun Computers and systemsFORERUN COMPUTERS AND SYSTEMS PRIVATE LIMITED1.9%₹11.92 cr
Leaders

Largest retail companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED₹266.64 cr₹64.65 cr24.2%+17%
V-StarV STAR CREATIONS PRIVATE LIMITED₹159.12 cr−₹1.88 cr-1.2%+10%
Sunbeam VenturesSUNBEAM MERCHANTILE VENTURES PRIVATE LIMITED₹139.36 cr₹10.08 cr7.2%+13%
Goldtree Bullion IndiaGOLDTREE BULLION INDIA PRIVATE LIMITED₹110.21 cr₹4.82 cr4.4%+38%
Forerun Computers and systemsFORERUN COMPUTERS AND SYSTEMS PRIVATE LIMITED₹11.92 cr₹22.50 lakh1.9%—
Farms2BFARMS2BUSINESS PRIVATE LIMITED₹11.70 cr−₹70.84 lakh-6.1%+6%
Ocean MerchantsOCEAN MERCHANTS EXPORTS AND IMPORTS PRIVATE LIMITED₹4.62 cr₹7.36 lakh1.6%+65%
Millennium GoldMILLENNIUM GOLD PRIVATE LIMITED₹2.23 cr₹9.66 lakh4.3%-47%
DaddyspocketMetric Tree Labs Private Limited₹2.01 cr−₹1.33 cr-66.2%-58%
GunamGUNAM BEAUTY PRIVATE LIMITED₹1.13 cr−₹1.30 cr-115.2%+320%
Some figures are available to Radar members.Log in to Radar to see every figure

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

Retail Industry Landscape of India

The financials above are one chapter. The full retail landscape of Ernakulam 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 retail landscape of Ernakulam
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

Retail funding and M&A across India

5,650 recorded equity rounds have gone to 29,697 retail companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ernakulam compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months188

US$832.98m

equity rounds, last 24 months638

US$3.17bn

raised over five yearsUS$23.91bn

2,901 rounds in India

M&A deals, India248

last 24 months

Capital by year

Equity funding into retail in India

amount rounds
$2.0bn2018341
$3.6bn2019434
$7.7bn2020383
$10bn2021619
$4.3bn2022664
$4.1bn2023547
$2.5bn2024501
$2.2bn2025438
$580m2026132

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$10.31bn across 619 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$153.60m487 rounds · median US$100k
SeedUS$1.36bn1,536 rounds · median US$438k
Series AUS$2.65bn429 rounds · median US$3.87m
Series BUS$2.42bn192 rounds · median US$6.50m
Series CUS$2.11bn96 rounds · median US$20.00m
Series D+US$8.61bn147 rounds · median US$23.00m
Private equityUS$1.26bn3 rounds · median US$250.00m
Where the money went · five years

Most-funded sub-sectors

Horizontal e-commerceUS$5.93bn74 rounds · 36 companies
B2b e-commerceUS$2.47bn179 rounds · 76 companies
Fashion techUS$1.88bn470 rounds · 227 companies
Construction techUS$1.51bn38 rounds · 13 companies
Retail chainsUS$1.41bn35 rounds · 18 companies
Beauty techUS$1.41bn262 rounds · 108 companies
E-commerce enablersUS$1.33bn178 rounds · 87 companies
Corporate activity · last 24 months

M&A in India

228Acquisition
18Merger
1Announced

Most active acquirers

  1. Reliance retail18
  2. Honasa consumer9
  3. Dixon technologies7
  4. Na6
  5. Flipkart6

Most acquired or merged

  1. Sirona8
  2. Forest essentials7
  3. Sirona hygiene6
  4. Innovist5
  5. Delhivery5

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

Go deeper in the retail landscape reports:

Retail Industry Landscape of India

Founders and momentum in Ernakulam

Meet the people behind retail companies in Ernakulam. 24 of 71 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ernakulam retail companies by sub-sector

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

Keep exploring retail in India and nearby markets.

Coming soon