Company lists
The Gujarat edition · 2026

Retailcompanies in Gujarat

Fashion & apparel, beauty & personal care, e-commerce, wholesale & B2B, retail tech and more: the companies building retail in Gujarat, with their founders, funding, team size and business models.

1,813 company profiles344 with reported revenue76 with recorded fundingSeptember 2026 edition

Recent retail business events in Gujarat

Funding, M&A, contract wins and launches involving 2,313 retail companies in Gujarat, last 24 months: 8 funding rounds · 5 Contracts · 3 launches · 3 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

LaunchTyrone ParallelStor Velox

Netweb technologies

Netweb Technologies has announced the launch of its latest product, the Tyrone ParallelStor Velox, on 29th April 2026.

Unified Data Platform
FundingFunding round

Canvaloop

Biomaterials startup Canvaloop raised $1.5 million from Gujarat Venture Finance Limited and Rockstud Capital.

Investors Gujarat Venture Finance, Rockstud Capital
Biomaterials
LaunchTyrone Camarero GB200 system

Netweb technologies

In its press release on Wednesday, Netweb said the company has "powered a new era of computing in India by introducing one of the world’s most powerful AI infrastructure solutions – a…

AI supercomputer
Funding

Ps lifestyle

salon and spa provider PS Lifestyle coming in at number two in the U.S. with a $21.6 million raise in February

ContractSupply

Bizotic · client: Osia hyper retail

The first purchase order from Osia Hyper Retail Limited constitutes the largest portion of the total, valued at around Rs. 66 crore. It includes 10,00,000 meters of fabric, 2,75,000…

ContractSupply

Na · client: Netweb technologies

Shares of Netweb Technologies India Ltd surged on the BSE after the company secured a major purchase order worth ₹450 crore.

Technology
FundingSeries B

R for rabbit

Aug 20, 2025 R for Rabbit Raises USD 27 Million in Growth Capital Led by Filter Capital and Co-Led by 3one4 Capital

Baby Care
Funding

Renee cosmetics

Beauty brand Renee Cosmetics secured second position with $30 million in a funding round led by Playbook.

Investors Playbook
Beauty, cosmetics
M&AAcquisition · Announced

Hometown acquires Chef boyardee

Hometown Food Co. (part of the Brynwood Partners IX L.P. portfolio) has entered into a definitive agreement to acquire Chef Boyardee for $600 million from Conagra Brands Inc.

Food
FundingSeries B2

Xyxx

D2C menswear brand XYXX has sought the approval of its shareholders to raise INR 29.8 Cr (about $3.4 Mn) in a funding round led by Niveshaay Sambhav Fund.

Investors Niveshaay Sambhav Fund, Grand Anicut Fund 3, Sauce Continuity Fund I, Sauce.VC
Fashion
M&AAcquisition · Announced

Hometown acquires The J.M. Smucker Co.

Hometown Food Co. was to acquire a portfolio of brands from The J.M. Smucker Co.

FundingSeed

NG EarSafe

Headphones maker NG Earsafe has raised Rs 1.06 crore ($126,073) in a seed round led by Inflection Point Ventures (IPV), as it looks to ramp up marketing and developments of its audio…

Headphones
Funding

Kingdom of white

Lifestyle brand Kingdom of White announced that actor and entrepreneur Rana Daggubati has invested an undisclosed amount in the brand.

Investors Rana Daggubati
Lifestyle brand

Retail companies in Gujarat, by revenue

Browse retail companies in Gujarat 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 344 retail companies in Gujarat 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

Contract manufacturer of diamond

Contract manufacturers
₹2,321.54 crFY 2022-23
Not reported
229+71% vs previous recordLinkedIn · Jul 2026
59 yr1967
0none in 3 months

Online mobile phone retailer offering a range of products and services

Consumer electronics e-commerce
₹1,823.37 crFY 2024-25
+23%2024–2025
251LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Mar 2026

Provider of mobile distribution, mobile assurance, and Amazon Kindle distribution services

Wholesalers
₹1,755.43 crFY 2024-25
+11%2024–2025
2,314+34% 12 mo to Jul 2024recorded Jul 2024
11 yr2015
0none in 3 months · last posted May 2025

Retailer of consumer products

Retail chains
₹1,432.75 crFY 2024-25
+25%2024–2025
3,295+9% 12 mo to Aug 2023recorded Aug 2023
12 yr2014
0none in 3 months

Manufacturer & exporter of edible oils

Wholesalers
₹1,234.18 crFY 2024-25
+17%2024–2025
8LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer and supplier of premium lab-grown diamonds and jewelry

B2b e-commerce
₹674.20 crFY 2022-23
Not reported
90+114% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Online retail platform offering smart electronics gadgets and accessories

Retail chains
₹626.21 crFY 2022-23
Not reported
386-16% 12 mo to Jul 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months · last posted May 2026

Offering jewelry for men & women

Retailers
₹545.63 crFY 2023-24
Not reported
63-7% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
—No postings tracked

Manufacturer and supplier of nylon yarns

Wholesalers
₹398.42 crFY 2021-22
Not reported
98-4% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
—No postings tracked

Provider of fancy fabric and apparel manufacturing services

Contract manufacturers
₹353.65 crFY 2021-22
Not reported
504-16% 12 mo to Sep 2024recorded Sep 2024
56 yr1970
—No postings tracked

Men's private label clothing brand

Fashion tech
₹378.39 crFY 2024-25
+3%2024–2025
1,750recorded
31 yr1995
0none in 3 months

Supplier of yarn products

Wholesalers
₹347.89 crFY 2024-25
+26%2024–2025
—Not available
23 yr2003
0none in 3 months

Retailer of home linen products

Retailers
₹330.20 crFY 2022-23
Not reported
161+7% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
—No postings tracked

Lincon Polymers is a manufacturer and supplier of laminated bags, woven bags, and woven fabrics.

Fashion accessories
₹289.71 crFY 2021-22
Not reported
113+4% 12 mo to Feb 2024LinkedIn · Jul 2026
—
0none in 3 months

Online retailer of cosmetics, fragrances, skincare, and beauty accessories

Beauty tech
₹328.58 crFY 2024-25
+64%2024–2025
502+260% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
6postings · last posted Sep 2026

Distributor of jewelry products

Wholesalers
₹287.23 crFY 2021-22
Not reported
67+10% 12 mo to Sep 2024recorded Sep 2024
34 yr1992
—No postings tracked

Manufacturing, exporting and supplying of flex banner

Wholesalers
₹319.42 crFY 2024-25
-4%2024–2025
30+0% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

RSB Cottex is a human resources and scientific management system to supply reliable and consistent quality products.

Fashion accessories
₹280.22 crFY 2021-22
Not reported
10-36% 12 mo to Feb 2024LinkedIn · Jul 2026
—
—No postings tracked

Manufacturer and exporter of cotton yarn, work wear, and fabrics

Contract manufacturers
₹248.37 crFY 2021-22
Not reported
—Not available
106 yr1920
—No postings tracked

Operator of shopping malls and textiles

Real estate & infrastructure developers
₹256.71 crFY 2024-25
+64%2024–2025
654LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Internet first brand offering multi-category baby care products

Mom & baby care
₹252.30 crFY 2024-25
+47%2024–2025
141LinkedIn · Jul 2026
12 yr2014
1postings · last posted Jul 2026

Designer and retailer of women's ethnic wear

Fashion tech
₹238.51 crFY 2024-25
+11%2024–2025
26+29% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Mobile phone retailer offering a range of accessories and services

Retail chains
₹204.15 crFY 2021-22
Not reported
27-18% 12 mo to Sep 2024recorded Sep 2024
21 yr2005
0none in 3 months

Manufacturer, supplier, wholesaler & exporter of castor oil and related products

Wholesalers
₹202.01 crFY 2021-22
Not reported
—Not available
15 yr2011
0none in 3 months

Manufacturer and exporter of textile fabrics offering dyed and printed cotton fabrics

Wholesalers
₹198.11 crFY 2021-22
Not reported
—Not available
47 yr1979
—No postings tracked
50 of 1,813 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,813 retail companies in Gujarat on Radar

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

Open retail in Gujarat on Radar
  • Every company, not just 50All 1,813 retail companies in Gujarat, 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 Gujarat by what you are looking for

Browse top retail companies in Gujarat, from fashion and apparel brands to e-commerce sellers, wholesalers and retail chains. Find retail startups in Gujarat, retail businesses and retail tech providers, plus listed companies.

9 ways to explore retail in Gujarat

Fashion & apparel retailers and brandsBeauty, cosmetics & personal care retailersE-commerce stores & online marketplacesWholesalers & B2B e-commerce companiesRetail technology & e-commerce enablersRetailers, retail chains & specialty stores

Fashion & apparel retailers and brands

Clothing, ethnic wear and fashion brands selling online and in stores.

  1. Greenlab Diamonds

    Manufacturer and supplier of premium lab-grown diamonds and jewelry

    B2b e-commerce
    See in list
  2. JadeBlue

    Men's private label clothing brand

    Fashion tech
    See in list
  3. Indo Era

    Designer and retailer of women's ethnic wear

    Fashion tech
    See in list
  4. XYXX

    Online retailer of clothing, apparel, and innerwear items for men

    Apparel brands
    See in list
  5. SAJEELEE

    Textile manufacturing company creating custom-designed bridal lehengas, gowns, and sarees

    Retailers
    Website

Beauty, cosmetics & personal care retailers

Skincare, cosmetics, fragrance and personal care brands.

  1. Renee Cosmetics

    Online retailer of cosmetics, fragrances, skincare, and beauty accessories

    Beauty tech
    See in list
  2. AdilQadri

    Online brand offering a range of fragrances

    Beauty tech
    See in list
  3. Dermatouch

    Online platform offering personalized skin care products

    Beauty & personal care products
    Website
  4. Avimee Herbal

    Online brand offering multi-category hair and skincare products

    Beauty tech
    Website
  5. La Mior

    Internet-first brand of natural skin care and color cosmetics

    Beauty & personal care products
    Website

E-commerce stores & online marketplaces

Online stores and marketplaces selling multi-category products to consumers.

  1. PhoneWale

    Online mobile phone retailer offering a range of products and services

    Consumer electronics e-commerce
    See in list
  2. JadeBlue

    Men's private label clothing brand

    Fashion tech
    See in list
  3. R for Rabbit

    Internet first brand offering multi-category baby care products

    Mom & baby care
    See in list
  4. XYXX

    Online retailer of clothing, apparel, and innerwear items for men

    Apparel brands
    See in list
  5. Cortina India

    Internet-first brand of home linen products for kids

    Mom & baby care
    Website

Wholesalers & B2B e-commerce companies

Wholesale suppliers, distributors and B2B marketplaces.

  1. Greenlab Diamonds

    Manufacturer and supplier of premium lab-grown diamonds and jewelry

    B2b e-commerce
    See in list
  2. Oriilon

    Manufacturer and supplier of nylon yarns

    Wholesalers
    See in list
  3. Sarita Polytex

    Supplier of yarn products

    Wholesalers
    See in list
  4. Linconpolymers

    Lincon Polymers is a manufacturer and supplier of laminated bags, woven bags, and woven fabrics.

    Fashion accessories
    See in list
  5. Dashrath Silver Art

    Distributor of jewelry products

    Wholesalers
    See in list

Retail technology & e-commerce enablers

Software and services that help retailers sell online and in store.

  1. OnPrintShop

    Provider of artificial ntelligence powered web to print software solutions for the print industry

    Sme business management software
    Website
  2. Tatvic

    Provider of web analytics & eCommerce optimization tools

    E-commerce enablers
    Website
  3. Krish TechnoLabs

    eCommerce consultancy

    E-commerce support services
    Website
  4. SELLOSHIP

    Platform offering shipping solution for online businesses

    E-commerce enablers
    Website
  5. OMSGuru

    Web-based multichannel selling software for online retailers

    E-commerce enablers
    Website

Retailers, retail chains & specialty stores

Physical retail stores, chains, jewellery, home and baby product retailers.

  1. Poojara Telecom

    Online retail platform offering smart electronics gadgets and accessories

    Retail chains
    See in list
  2. Radhika Jeweltech

    Offering jewelry for men & women

    Retailers
    See in list
  3. Anjani Synthetics

    Retailer of home linen products

    Retailers
    See in list
  4. Umiya Mobile

    Mobile phone retailer offering a range of accessories and services

    Retail chains
    See in list
  5. SARA GANDEVIKAR JEWELLERS

    Retailer of gold, silver, and diamond jewelry

    Retailers
    See in list

Retail startups in Gujarat

Newer retail companies founded in recent years.

  1. Magma

    Provider of integrated industrial marketplace for manufacturers

    Manufacturing tech
    See in list
  2. Lyne

    Internet first brand of multi-category electronic products

    Mobiles & accessories
    Website
  3. Dermatouch

    Online platform offering personalized skin care products

    Beauty & personal care products
    Website
  4. Avimee Herbal

    Online brand offering multi-category hair and skincare products

    Beauty tech
    Website
  5. Alternative

    Online fashion brand offering multi-category sustainable apparel for women

    Fashion tech
    Website
286 companies in Gujarat

Retail companies hiring in Gujarat

Retail companies with open jobs right now.

  1. PhoneWale

    Online mobile phone retailer offering a range of products and services

    Consumer electronics e-commerce
    See in list
  2. HariOm Communication

    Provider of mobile distribution, mobile assurance, and Amazon Kindle distribution services

    Wholesalers
    See in list
  3. Poojara Telecom

    Online retail platform offering smart electronics gadgets and accessories

    Retail chains
    See in list
  4. Renee Cosmetics

    Online retailer of cosmetics, fragrances, skincare, and beauty accessories

    Beauty tech
    See in list
  5. Sunlex Fabrics

    Manufacturing, exporting and supplying of flex banner

    Wholesalers
    See in list
27 companies in Gujarat

Listed retail companies in Gujarat

Publicly listed retail companies.

  1. Osia-Hypermart

    Retailer of consumer products

    Retail chains
    See in list
  2. Radhika Jeweltech

    Offering jewelry for men & women

    Retailers
    See in list
  3. Anjani Synthetics

    Retailer of home linen products

    Retailers
    See in list
  4. Palm Jewels

    Wholesaler of jewelry

    Fashion accessories
    See in list
  5. Add Shop Promotions

    Online distributor of multi-category products

    B2b e-commerce
    See in list
19 companies in Gujarat
Mobile reach

Top 10 retail apps from Gujarat

The most-installed Android apps published by retail companies headquartered in Gujarat — 20.8M installs between them. 162 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Print Customize Mobile Cover

by PrintPhoto

Installs7.0M
Rating4.1730K ratings
Installs, year on year+7%
Last updatedMar 2026
View on Google Play ↗
Print Customize Mobile Cover screenshot 1Print Customize Mobile Cover screenshot 2Print Customize Mobile Cover screenshot 3Print Customize Mobile Cover screenshot 4Print Customize Mobile Cover screenshot 5Print Customize Mobile Cover screenshot 6
2

Soni Fashion - 1Gram Jewellery

by Soni Fashion

Installs2.8M
Rating3.37K ratings
Installs, year on year+14%
Last updatedMar 2026
View on Google Play ↗
Soni Fashion - 1Gram Jewellery screenshot 1Soni Fashion - 1Gram Jewellery screenshot 2Soni Fashion - 1Gram Jewellery screenshot 3Soni Fashion - 1Gram Jewellery screenshot 4Soni Fashion - 1Gram Jewellery screenshot 5
3

Avimee Herbal

by Avimee Herbal

Installs2.2M
Rating—
Installs, year on year+90%
Last updatedAug 2025
View on Google Play ↗
Avimee Herbal screenshot 1Avimee Herbal screenshot 2Avimee Herbal screenshot 3Avimee Herbal screenshot 4Avimee Herbal screenshot 5Avimee Herbal screenshot 6
5

Sudathi - Online Shopping App

by Sudathi

Installs1.8M
Rating4.5538K ratings
Installs, year on year+139%
Last updatedApr 2026
View on Google Play ↗
Sudathi - Online Shopping App screenshot 1Sudathi - Online Shopping App screenshot 2Sudathi - Online Shopping App screenshot 3Sudathi - Online Shopping App screenshot 4Sudathi - Online Shopping App screenshot 5Sudathi - Online Shopping App screenshot 6
7

AdilQadri

by AdilQadri

Installs1.3M
Rating4.436K ratings
Last updatedMar 2026
View on Google Play ↗
AdilQadri screenshot 1AdilQadri screenshot 2AdilQadri screenshot 3AdilQadri screenshot 4AdilQadri screenshot 5AdilQadri screenshot 6
8

Fuaark - Gym Wear Shopping App

by Fuaark

Installs1.1M
Rating—
Last updatedJan 2026
View on Google Play ↗
Fuaark - Gym Wear Shopping App screenshot 1Fuaark - Gym Wear Shopping App screenshot 2Fuaark - Gym Wear Shopping App screenshot 3Fuaark - Gym Wear Shopping App screenshot 4Fuaark - Gym Wear Shopping App screenshot 5Fuaark - Gym Wear Shopping App screenshot 6
9

Freedeem

by Freedeem

Installs809K
Rating—
Installs, year on year+9%
Last updatedSep 2025
View on Google Play ↗
Freedeem screenshot 1Freedeem screenshot 2Freedeem screenshot 3Freedeem screenshot 4Freedeem screenshot 5Freedeem screenshot 6
10

Tiles Wale: Online Ceramic App

by Tiles Wale

Installs686K
Rating4.56K ratings
Installs, year on year+13%
Last updatedMar 2026
View on Google Play ↗
Tiles Wale: Online Ceramic App screenshot 1Tiles Wale: Online Ceramic App screenshot 2Tiles Wale: Online Ceramic App screenshot 3Tiles Wale: Online Ceramic App screenshot 4Tiles Wale: Online Ceramic App screenshot 5Tiles Wale: Online Ceramic App screenshot 6
The business behind the activity

Retail financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 320 retail companies in Gujarat for FY24-25 — 395 of the 1,813 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 33% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹22,175.47 cr

320 companies filing accounts

combined net profit₹329.98 cr

1.5% aggregate margin

are profitable63%

201 of 320 companies

median revenue~₹7.2 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five33%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,381.57 crFY19-20212 filers
₹11,227.47 crFY20-21239 filers
₹15,311.34 crFY21-22257 filers
₹18,213.54 crFY22-23287 filers
₹20,709.44 crFY23-24322 filers
₹22,175.47 crFY24-25320 filers

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

Like-for-like

The same 254 companies over three years

+29%
FY22-23₹16,646.97 cr₹253.69 cr net
FY23-24₹19,070.07 cr₹308.03 cr net
FY24-25₹21,503.32 cr₹333.72 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 cr9630% profitable
₹1–10 cr8064% profitable
₹10–100 cr9079% profitable
₹100–1,000 cr4992% profitable
Over ₹1,000 cr5100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking98
0–20%68
20–50%43
50–100%32
Doubled+47

288 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

201profitable
117loss-making
1.5%aggregate margin
0.6%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
ArgosBIL VENTURES PRIVATE LIMITED+709%₹11.82 cr
Ivana JewelsIVANA LIFESTYLE PRIVATE LIMITED+659%
DermatouchCLOUD WELLNESS PRIVATE LIMITED+314%₹62.95 cr
BabyOrganoNATUREOVEDIC CONSUMERS PRIVATE LIMITED+255%₹25.86 cr
EasysellEASY SELL SERVICE PRIVATE LIMITED₹122.07 cr
FuaarkFuaark Lifestyle Llp₹39.92 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
OMSGuruOMSGURU SOLUTIONS PRIVATE LIMITED₹17.55 cr
RiyaasatRIYAASAT LIFESTYLE LIMITED19.0%₹25.19 cr
Circuit SystemsCIRCUIT SYSTEMS (INDIA) PRIVATE LIMITED15.4%₹74.12 cr
Khemani Distributors & MarketingKHEMANI DISTRIBUTORS & MARKETING LIMITED
LovelangYUSHKA COSMETICS LLP
Laxmi GroupLAXMI GOLDORNA HOUSE LIMITED12.0%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Wholesalers46₹8,188.74 cr~₹92.0 cr85%1.6%
Retail chains14₹4,010.88 cr~₹110.4 cr79%1.5%
Consumer electronics e-commerce12₹2,091.15 cr~₹13.2 cr83%1.1%
Retailers15₹1,410.42 cr~₹51.1 cr87%6.1%
Fashion tech45₹1,371.03 cr~₹5.4 cr69%1.5%
Contract manufacturers5₹1,028.00 cr~₹210.6 cr100%1.9%
B2b e-commerce23₹495.95 cr~₹4.6 cr52%-1.5%
Mom & baby care11₹368.55 cr~₹63 lakh36%-0.7%
Leaders

Largest retail companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
PhoneWalePHONEWALE LIMITED₹1,823.37 cr₹19.55 cr1.1%+23%
HariOm CommunicationHARIOM MOBILE PRIVATE LIMITED₹1,755.43 cr₹5.51 cr0.3%+11%
Osia-HypermartOSIA HYPER RETAIL LIMITED₹1,432.75 cr₹19.52 cr1.4%+25%
Paras Agri businessPARAS AGRI BUSINESS PRIVATE LIMITED₹1,234.18 cr₹2.36 cr0.2%+17%
Poojara TelecomPOOJARA TELECOM PRIVATE LIMITED₹1,133.15 cr₹17.15 cr1.5%+20%
Umiya MobileUMIYA MOBILE LIMITED₹601.28 cr₹5.51 cr0.9%+33%
Radhika JeweltechRADHIKA JEWELTECH LIMITED₹588.29 cr₹60.12 cr10.2%+8%
Dashrath Silver ArtDASHRATH SILVER ART PRIVATE LIMITED₹531.24 cr₹27.23 cr5.1%+30%
OriilonORIILON INDIA PRIVATE LIMITED₹460.33 cr₹7.94 cr1.7%+15%
JadeBlueJADE BLUE LIFESTYLE INDIA LIMITED₹378.39 cr₹14.57 cr3.8%+3%
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 Gujarat 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 Gujarat
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 Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months217

US$934.37m

equity rounds, last 24 months671

US$3.21bn

raised over five yearsUS$23.91bn

2,901 rounds in India

M&A deals, Gujarat3

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 Gujarat

3Acquisition

Most active acquirers

  1. Hometown3

Most acquired or merged

  1. Chef boyardee1
  2. The J.M. Smucker Co.1
  3. Hain Celestial Group1

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

Retail funding in Gujarat

76 retail companies in Gujarat have recorded equity funding, US$220.36m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind retail companies in Gujarat. 659 of 1,813 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat retail companies by sub-sector

The most common specialisations among retail companies in Gujarat. 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