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Radar · Retail in Indore

Best Retail Companies in Indore, India

The 147 best Retail companies in Indore, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ShopKirana.

147companies tracked
$84.9Mdisclosed funding
0unicorns
13have raised

Ranked: Best Retail companies in Indore

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1ShopKirana
Provider of B2B procurement platform for grocery retailers
64Moat top 21%Product top 26%Funding top 29%Market top 34%
All 11 signals ▾
Moattop 21%
Producttop 26%
Fundingtop 29%
Markettop 34%
Talenttop 34%
Newstop 37%
Innovationtop 39%
Growthtop 46%
Fin. healthbottom 49%
Techbottom 48%
Globalbottom 39%
Moat: Top 3% by revenue among 804 tracked Online Grocery companies · Editorial + unicorn rating 8/10
Product: 4 distinct product lines · 4 published apps (360k installs)
rank vs industry peers · Fliar Intelligence Index 64/100
$58M14 mo agoAcquiredTanutejas Saraswat
Co-Founder & CEO
2015Wix eCommerceWixSentry+12—
2Kimirica
Online retailer of vegan bath, body, skincare, fragrance products
$15M10 mo agoSeries BRajat Jain
Co-Founder & Co-CEO
2017Cart FunctionalityShopifySentry+281 partnership · 1 expansion
3Yatrikart
Chains providing snacks beverages and daily essentials at transit hubs
$3M14 mo agoSeries AShivangee Sharma
Co-Founder
2021Cart FunctionalityWordPressMySQL+222 job openings
4Vyapaar Vistaar
Platform offering B2B supply chain solutions
$3M32 mo agoSeedSatvik Kumat
Co-Founder
2020PHPUbuntuChart.js+10—
5Technofi
Provider of wifi-based marketing solutions for retail businesses
$3M116 mo agoFunding RaisedSharique Khan
Co-Founder & COO
2016——
6Farmkart
Provider of an app-based platform for farming products and services
$2M96 mo agoSeedAtul Patidar
Founder & CEO
2017WordPressMySQLPHP+25—
7Kyari
Provider of indoor plants, planters, and plant care solutions
$779K32 mo agoSeedAgam Choudhary
Co-Founder & CEO
2022WordPressMySQLPHP+19—
8TapOnn
Provider of NFC-enabled products for instant sharing of digital business profiles
$331K40 mo agoSeedShubham Karnwal
Co-Founder & Product Head
2019Cart FunctionalityShopifySvelte+235 job openings
9House of EM5
Retailer of perfumes
$115K4 mo agoSeedShashank Chourey
Founder & CEO
2022Cart FunctionalityShopifyBootstrap+24—
10HomeStrap
Limited information available
$60K40 mo agoSeedAkash Mehta
Co-Founder
2013Cart FunctionalityShopifySentry+23—

Top 12 Retail companies in Indore

#1
Acquired · Indore, Madhya Pradesh · founded 2015 · 670 employees
$58.2Mraised
▾

Provider of B2B procurement platform for grocery retailers. The company provides a mobile application to manage orders, payment, delivery, and supply chain across the retail networks. It also offers products like home care, cosmetics, footwear, groceries, apparel, fashion accessories, and more.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Moat
top 21%
Product
top 26%
Funding
top 29%
Market
top 34%
Talent
top 34%
News
top 37%
Moat: Top 3% by revenue among 804 tracked Online Grocery companies · Editorial + unicorn rating 8/10 · Soonicorn
Product: 4 distinct product lines · 4 published apps (360k installs) · Company stage: Acquired
Funding: Raised $58.2M across 8 rounds · 8 rounds over 11 yrs (0.7/yr) · Last round Series C (Mar 2025)
Audience (LinkedIn): 13k LinkedIn followers — 11.0% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Udaan) announced in 12 mo
Funding rounds
  • Mar 2025Series C$968K
  • Jan 2022Series C$45.1M
  • Apr 2021Series B$723.9K
  • Aug 2019Series B$10M
Founders & team
Tanutejas SaraswatCo-Founder & CEOSumit GhorawatCo-Founder
Investors
Trifecta Capital, Nava Limited, Incubate Fund India, Rosebay Consulting, Activate Venture Partners, Wealth Managers United
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGoogle WorkspaceGsapHsts
#2
Series B · Indore, Madhya Pradesh · founded 2017 · 126 employees
$15Mraised
▾

Online retailer of vegan bath, body, skincare, fragrance products. It offers a range of items, including perfumes, body mists, lotions, creams, and hair care. The business provides gift sets, travel kits, and home fragrance products like candles and reed diffusers. It also features exclusive collections and personalized gifting options.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 25k LinkedIn followers — 20.4% of this cohort's audience
Activity: 1 partnerships · 1 expansions (incl. Madhya Pradesh Premier League 2026) announced in 12 mo
Funding rounds
  • Aug 2025Series B$15M
Founders & team
Rajat JainCo-Founder & Co-CEOMohit JainCo-Founder & Co-CEORica JainCo-Founder
Investors
Carnelian
Tech stack
AhrefsAmazon S3Amazon Web ServicesBooster Page Speed OptimizerCart FunctionalityCdnjs
#3
Series A · Indore, Madhya Pradesh · founded 2021 · 42 employees
$2.8Mraised
▾

Chains providing snacks beverages and daily essentials at transit hubs. These retail outlets offer food items drinks stationery fashion accessories and over the counter medicines. The stores are situated in areas with high foot traffic to facilitate access to products for individuals during travel or while visiting public facilities.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 8.0% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Human Resources Executive
Funding rounds
  • Apr 2025Series A$58.5K
  • Oct 2024Series A$595.4K
  • Dec 2023Series A$2.1M
  • Mar 2023Seed$93.5K
Founders & team
Shivangee SharmaCo-FounderGaurav RanaCo-Founder & CEO
Investors
Msh Venture, She Capital, Shuru Up, Artha Venture Fund, GRM Investment Group, VSP
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesBootstrapBootstrap IconsCart Functionality
#4
Seed · Indore, Madhya Pradesh · founded 2022
$115.2Kraised
▾

Retailer of perfumes. The company offers a variety of perfume sprays, mists, solid perfumes, perfume roll-ons, gift hampers, discovery sets, elixir series, beard balm, candle, car perfume, and foot spray. They also provide private blends, new arrivals, and yearly sample subscriptions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 3.1% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Brand Consultant
Funding rounds
  • Feb 2026Angel—
  • Feb 2025Angel$115.2K
Founders & team
Shashank ChoureyFounder & CEO
Tech stack
BootstrapCart FunctionalityCloudflareCore-JsFacebook PixelFancybox
#5
Seed · Indore, Madhya Pradesh · founded 2020
$2.7Mraised
▾

Platform offering B2B supply chain solutions. It provides technology through its tele-order booking solution, supports brands to have direct retail market access, and offers end -to-end distribution solution.

Funding rounds
  • Sep 2023Seed—
  • Aug 2023Seed$1.6M
  • Feb 2022Seed$1.1M
Founders & team
Satvik KumatCo-FounderArushi KumatCo-Founder
Investors
Marquee Invest, Arvog, Authum, Intensive Softshare, Mangalmurtiinfrareal, Mehta Group
Tech stack
Apache Http ServerBootstrapChart.JsFont AwesomeGodaddyGoogle Font Api
#6
Seed · Indore, Madhya Pradesh · founded 2018
$57.8Kraised
▾

Manufacturer of natural herbal hair, skin, and health care products. The company offers a variety of shampoos, hair oils, conditioners, hair packs, hair masks, face packs, face washes, and body washes, all formulated with natural and sustainably sourced ingredients. Products are designed for both men and women and cater to various hair and skin types. The product line also includes herbal powders, teas, and supplements. A focus on natural ingredients and sustainable practices is central to the company's operations.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 167 LinkedIn followers
Funding rounds
  • Jan 2025Angel$57.8K
Founders & team
Bharat KhatriFounder & CEO
Tech stack
Cart FunctionalityCloudflareCloudflare Bot ManagementCore-JsFacebook PixelFlickity
#7
Seed · Indore, Madhya Pradesh · founded 2022 · 40 employees
$778.7Kraised
▾

Provider of indoor plants, planters, and plant care solutions. The brand offers self-watering pots, water pens, globes, plant food, and other essentials to make plant care easy. They aim to bring customers closer to nature with their beautiful plant selections.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 41k LinkedIn followers — 33.3% of this cohort's audience
Funding rounds
  • Oct 2023Seed$781K
  • Mar 2022Angel$262.3K
Founders & team
Agam ChoudharyCo-Founder & CEOSaksham JainCo-Founder
Investors
Jitoworld, Airen Holdings, Agragwalior Pathways, Madhav Corp, ValleyNXT Ventures, PATH
Tech stack
BootstrapCart FunctionalityCdnjsCloudflareCloudflare Bot ManagementCore-Js
#8
Funding Raised · Indore, Madhya Pradesh · founded 2016
$2.5Mraised
▾

Provider of wifi-based marketing solutions for retail businesses. It allows businesses to offer wifi connectivity on their premises. Customers need to log in using their social media profiles or other personal details to access the network. This information can then be used by the company to run marketing campaigns. It allows businesses to control time, bandwidth, and data that customers can access. It can also be used for serving advertisements.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 130 LinkedIn followers
Funding rounds
  • Oct 2016Grant (prize money)$1.1M
  • Mar 2015Grant (prize money)$281.8K
  • Feb 2015Grant (prize money)$410.4K
  • Jan 2015Grant (prize money)$668.2K
Founders & team
Sharique KhanCo-Founder & COOAkshay AwasthiCo-Founder & CEO
Investors
Europa
#9
Seed · Indore, Madhya Pradesh · founded 2019 · 12 employees
$331.2Kraised
▾

Provider of NFC-enabled products for instant sharing of digital business profiles. It offers smart cards, stands, and QR codes that allow users to share contact details, social media links, and other information. It also provides a platform for creating and managing digital profiles, lead management, and team collaboration features. The platform supports custom digital profiles, email signatures, and virtual backgrounds.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 3.0% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · momentum +5 · hiring: Video Editor
Funding rounds
  • Feb 2023Seed$181.2K
  • Angel$150K
Founders & team
Shubham KarnwalCo-Founder & Product HeadDhruv JollyFounder
Investors
WITA
Tech stack
Cart FunctionalityCdnjsCloudflareCloudflare Bot ManagementCore-JsElfsight
#10
Seed · Indore, Madhya Pradesh · founded 2017 · 28 employees
$2.3Mraised
▾

Provider of an app-based platform for farming products and services. Its platform facilitates farmers to buy agricultural products like seeds, fertilizers, pesticides, and farm machinery. It also provides consulting services offering custom farming solutions related to farming techniques and agricultural practices. Its mobile application is available for iOS and Android platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 17.7% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · hiring: Sales Associate, Associate Sales
Activity: 1 awards announced in 12 mo
Funding rounds
  • 2018Grant (prize money)—
  • 2017Seed$2.3M
Founders & team
Atul PatidarFounder & CEO
Investors
Startup Grind
Tech stack
Google AnalyticsGoogle Font ApiHostingerHstsLenisMicrosoft Clarity
#11
Seed · Indore, Madhya Pradesh · founded 2013
$60.5Kraised
▾

Limited information available

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public)
Funding rounds
  • Feb 2023Conventional Debt$24.2K
  • Feb 2023Angel$60.5K
Founders & team
Akash MehtaCo-Founder
Investors
Anupam Mittal
Tech stack
Amazon S3Amazon Web ServicesAzure Edge NetworkCart FunctionalityCloudflareCore-Js
#12
Seed · Indore, Madhya Pradesh · founded 2020
—raised
▾

Provider of luxurious ayurveda-infused skincare products for self-care rituals. The product catalog includes serum which reduce hyperpigmentation, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 607 LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Medical Representative (MR)
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2024Seed—
Founders & team
Suysh JainFounder
Investors
ah! Ventures

Funding & investor landscape

$84.9Mtotal disclosed funding
11companies funded
29disclosed rounds
0rounds last 90 days
Most active investors
AIC-Prestige3 rounds
Better Capital2 rounds
NPTK Emerging Asia Fund2 rounds
100Unicorns1 rounds
AET Fund1 rounds
Aarii Ventures1 rounds
Activate Technology Partner1 rounds
Activate Venture Partners1 rounds
Agragwalior Pathways1 rounds
Airen Holdings1 rounds

Notable founders

Tanutejas Saraswat
Co-Founder & CEO · ShopKirana
Sumit Ghorawat
Co-Founder · ShopKirana
Rajat Jain
Co-Founder & Co-CEO · Kimirica
Mohit Jain
Co-Founder & Co-CEO · Kimirica
Shivangee Sharma
Co-Founder · Yatrikart
Gaurav Rana
Co-Founder & CEO · Yatrikart
Shashank Chourey
Founder & CEO · House of EM5
Satvik Kumat
Co-Founder · Vyapaar Vistaar
Arushi Kumat
Co-Founder · Vyapaar Vistaar
Bharat Khatri
Founder & CEO · Havintha
Agam Choudhary
Co-Founder & CEO · Kyari
Saksham Jain
Co-Founder · Kyari
Prism market signals · India · country-scoped Prism corpus, 6,112,769 docs

Market landscape — 10 sub-themes by coverage

Share of Retail coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Retail companies are there in Indore, India?
Radar tracks 147 indexable Retail companies headquartered in Indore, India, India, that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Indore, India?
The Retail companies in Indore, India on this list have raised a combined $84.9M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Retail company in Indore, India?
ShopKirana is the highest-funded Retail company in Indore, India, with $58.2M in disclosed equity funding.
How many Retail companies in Indore, India are funded?
11 of the 147 Retail companies in Indore, India on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Indore, India?
None of the Retail companies in Indore, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indore, India Retail companies?
The most active investors in Indore, India Retail companies on this list include AIC-Prestige, Better Capital, NPTK Emerging Asia Fund, 100Unicorns, AET Fund.
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