Company lists
The Kerala edition · 2026

Retailcompanies in Kerala

Retail chains, fashion & apparel, online stores, e-commerce & retail tech, beauty & personal care and more: the companies building retail in Kerala, with their founders, funding, team size and business models.

593 company profiles121 with reported revenue15 with recorded fundingSeptember 2026 edition
Kerala · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent retail business events in Kerala

Funding, M&A, contract wins and launches involving 770 retail companies in Kerala, last 24 months: 3 M&A deals · 2 launches · 1 Contract · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
Launch

Popees baby care

The new outlet marks a key milestone for the brand as its first Exclusive Brand Outlet (EBO) in Chennai, expanding direct access to its baby-focused product portfolio for local families.

ContractSupply

Quality meat packers · client: Lulu Hypermarket

The company has signed agreements with Lulu Hypermarket and Nesto Group in the Gulf region, as well as with Kin Marché supermarkets in eastern DRC.

M&AAcquisition · Completed

Kalyan jewellers acquires Singularity strategic

Kalyan Jewellers acquired an 85% stake in 2017 from Singularity Strategic, the family office of Brijesh Chandwani and Subram Kapoor, for Rs 35–40 crore.

M&AAcquisition · Completed

Motilal oswal financial services acquires Kalyan jewellers

Domestic brokerage Motilal Oswal Financial Services has increased its stake in domestic jeweller Kalyan Jewellers and information technology (IT) services major Coforge Ltd after…

Jewellery
FundingLoan

Kalyan jewellers

TS Kalyanaraman, the promoter of the jewellery chain Kalyan Jewellers India Limited, has raised as much as Rs 1,300 crore through a loan from Oaktree Capital, a source aware of the…

Investors Oaktree Capital
Jewellery

Retail companies in Kerala, by revenue

Browse retail companies in Kerala 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 121 retail companies in Kerala 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

Retail chain of jewellery

Fashion accessories
₹18,621.99 crFY 2023-24
Not reported
4,106+10% 12 mo to Aug 2024LinkedIn · Jul 2026
33 yr1993
1postings · last posted Jul 2026

Operator of shopping malls & centers

Shopping malls & centers
₹4,999.08 crFY 2024-25
+26%2024–2025
1,155-14% 12 mo to Jul 2024recorded Jul 2024
13 yr2013
0none in 3 months

Mobile dealer offering sales and service for various electronic gadgets

Retail chains
₹3,451.34 crFY 2024-25
Not reported
2,330LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Retail chain of jewellery

Retail chains
₹1,406.51 crFY 2024-25
+3%2024–2025
174+11% 12 mo to Aug 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Retail chain of gold, diamond, and silver ornaments

Retail chains
₹724.48 crFY 2024-25
+0%2024–2025
56+6% 12 mo to Feb 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Retailer of home entertainment and household appliances

Household durables
₹447.38 crFY 2024-25
+13%2024–2025
750recorded
27 yr1999
0none in 3 months

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
20postings · last posted Sep 2026

Online retailer offering a range of diamond jewelry products

Fashion tech
₹339.62 crFY 2024-25
+11%2024–2025
10LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Luxury gold and diamond jewelry retailer with a flagship store

Retailers
₹194.10 crFY 2024-25
+0%2024–2025
29LinkedIn · Jul 2026
15 yr2011
0none in 3 months

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

Manufacturing and exporting coir products

Wholesalers
₹160.75 crFY 2023-24
+9%2023–2024
—Not available
14 yr2012
0none in 3 months

Manufacturer and exporter of coir, cotton, PVC, and rubber mats & rugs

Wholesalers
₹141.12 crFY 2021-22
Not reported
123-35% 12 mo to Sep 2024recorded Sep 2024
109 yr1917
—No postings tracked

Manufacturer & exporter of high-quality rubber latex products

Wholesalers
₹137.67 crFY 2021-22
Not reported
46+0% 12 mo to Sep 2024recorded Sep 2024
50 yr1976
—No postings tracked

Online platform offering a wide range of consumer electronics

Consumer electronics e-commerce
₹139.70 crFY 2024-25
+4%2024–2025
—Not available
26 yr2000
0none in 3 months

Retailer of diamonds, engagement rings, wedding bands, and fine jewelry

Retailers
₹137.27 crFY 2024-25
+110%2024–2025
—Not available
18 yr2008
2postings · last posted Jul 2026

Wholesaler of variety of products and services, including jewelry, shopping malls, and hypermarkets

Wholesalers
₹111.39 crFY 2021-22
Not reported
456-17% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months

Retail chain of ceramic tiles & sanitary ware products

Retail chains
₹111.38 crFY 2021-22
Not reported
153+8% 12 mo to Jun 2024recorded Jun 2024
28 yr1998
0none in 3 months · last posted Nov 2024

Internet first brand offering handcrafted fast fashion jewelry

Fashion tech
₹110.44 crFY 2021-22
Not reported
—Not available
6 yr2020
—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 baby and maternity clothing, toys, baby care products

Baby & kids products
₹107.92 crFY 2022-23
Not reported
392+79% vs previous recordLinkedIn · Jul 2026
21 yr2005
0none in 3 months

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

Provider of exclusive and diverse gold and diamond jewelry

Retail chains
₹93.83 crFY 2021-22
Not reported
5-10% 12 mo to Mar 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Online marketplace for multi-category products

Horizontal e-commerce
₹99.29 crFY 2022-23
-54%2022–2023
47-38% 12 mo to Jan 2024recorded Jan 2024
8 yr2018
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
50 of 593 companies shown here · the full list is on Radar
Fliar Radar

Explore all 593 retail companies in Kerala on Radar

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

Open retail in Kerala on Radar
  • Every company, not just 50All 593 retail companies in Kerala, 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.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore retail companies in Kerala by what you are looking for

Browse the top retail companies in Kerala, from jewellery retail chains to online fashion brands. You can also find retail startups in Kerala and retail companies hiring now.

9 ways to explore retail in Kerala

Retail chains & storesFashion & apparel brandsOnline stores & e-commerce marketplacesE-commerce enablers & retail technologyBeauty & personal care retailersConsumer electronics & home retailers

Retail chains & stores

Store chains and retailers selling jewellery, electronics, groceries and more.

  1. Kalyan Jewellers

    Retail chain of jewellery

    Fashion accessories
    See in list
  2. myG

    Mobile dealer offering sales and service for various electronic gadgets

    Retail chains
    See in list
  3. Bhima And Brother Bullion

    Retail chain of gold, diamond, and silver ornaments

    Retail chains
    See in list
  4. Akshaya Gold and Diamonds

    Luxury gold and diamond jewelry retailer with a flagship store

    Retailers
    See in list
  5. Cochin Duty Free

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

    Retailers
    See in list

Fashion & apparel brands

Online and offline clothing, footwear and jewellery brands.

  1. Jewelima Diamonds

    Online retailer offering a range of diamond jewelry products

    Fashion tech
    See in list
  2. V-Star

    Private label brand and online retailer of lifestyle apparel

    Fashion tech
    See in list
  3. Sunny Diamonds

    Retailer of diamonds, engagement rings, wedding bands, and fine jewelry

    Retailers
    See in list
  4. Shrishti jewels

    Internet first brand offering handcrafted fast fashion jewelry

    Fashion tech
    See in list
  5. Aham Designer Boutique

    Internet first brand of ethnic wear, including sarees, salwars, and kurtas

    Retailers
    See in list

Online stores & e-commerce marketplaces

Multi-category online shops and marketplaces.

  1. V-Star

    Private label brand and online retailer of lifestyle apparel

    Fashion tech
    See in list
  2. Phygicart

    Online marketplace for multi-category products

    Horizontal e-commerce
    See in list
  3. Growcoms

    Provider of spices, dehydrates, essential oils, oleoresins, and seasonings

    B2b e-commerce
    See in list
  4. Farms2B

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

    Crop tech
    See in list
  5. Happenstance

    Retailer of sandals, casual shoes, and related footwear products

    Fashion tech
    See in list

E-commerce enablers & retail technology

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

  1. Litmus7

    eCommerce enablers for retailers

    E-commerce enablers
    See in list
  2. Raintech Software

    GST billing software for businesses

    Finance & accounting tech
    See in list
  3. Appmaker

    Platform offering mobile ecommerce tools and plugins for brands

    E-commerce enablers
    See in list
  4. Ceymox

    Provider of ecommerce support services

    E-commerce support services
    Website
  5. Daddyspocket

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

    Marketingtech
    Website

Beauty & personal care retailers

Brands selling cosmetics, hair care, fragrances and personal hygiene products.

  1. MYOP

    Retailer of fragrances and custom perfume blending services for individuals

    Beauty & personal care products
    See in list
  2. PYFUME

    Online platform offering a wide range of perfumes

    Beauty tech
    See in list
  3. Edinora

    Online brand offering multi-category ayurvedic-based oral care and beauty products

    Beauty tech
    Website
  4. FemiSafe

    Internet first brand offering personal hygiene products for women

    Beauty tech
    Website
  5. Ashtapathy

    Internet first brand of organic skin and hair care products

    Beauty tech
    Website

Consumer electronics & home retailers

Sellers of electronics, appliances, home improvement and decor products.

  1. Impex Technologies

    Retailer of home entertainment and household appliances

    Household durables
    See in list
  2. Fourtek Systems

    Online platform offering a wide range of consumer electronics

    Consumer electronics e-commerce
    See in list
  3. Neytt

    Designer and manufacturer of handcrafted rugs and home accessories

    Home furnishing products
    Website
  4. Greenheirloom

    Private label offering eco-friendly cooking utensils for home improvement

    Household durables
    Website
  5. MankoSkin

    E-commerce platform specializing in home decor products

    Online home improvements
    Website

Baby, kids & pet product retailers

Stores for baby care, kids products and pet supplies.

  1. Popees

    Retailer of baby and maternity clothing, toys, baby care products

    Baby & kids products
    See in list
  2. Vet Eazy

    App-based platform for booking veterinary services

    Veterinary healthtech
    Website
  3. Jaldee Vets

    Provider of a platform for online vet consultations

    Veterinary healthtech
    Website
  4. Aariv Toys

    Online platform offering a wide range of sustainable toys for kids

    Mom & baby care
    Website
  5. Red Kennels

    Provider of pet care and breeding services

    Pet tech
    Website
26 companies in Kerala

Retail startups in Kerala

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. Blishoper

    Online retailer offering multi-category products

    Consumer electronics e-commerce
    See in list
  3. Ocean Merchants

    Wholesaler of variety of products

    Wholesalers
    See in list
  4. Neytt

    Designer and manufacturer of handcrafted rugs and home accessories

    Home furnishing products
    Website
  5. Versicles

    Developer of AI-powered platforms for retail, marketing, and healthcare solutions

    Healthcare it
    Website
115 companies in Kerala

Retail companies hiring in Kerala

Companies with open roles right now.

  1. Kalyan Jewellers

    Retail chain of jewellery

    Fashion accessories
    See in list
  2. myG

    Mobile dealer offering sales and service for various electronic gadgets

    Retail chains
    See in list
  3. Litmus7

    eCommerce enablers for retailers

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

    Private label brand and online retailer of lifestyle apparel

    Fashion tech
    See in list
  5. Sunny Diamonds

    Retailer of diamonds, engagement rings, wedding bands, and fine jewelry

    Retailers
    See in list
17 companies in Kerala
Mobile reach

Top 10 retail apps from Kerala

The most-installed Android apps published by retail companies headquartered in Kerala — 2.3M installs between them. 65 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

myG Online

by myG

Installs758K
Rating—
Last updatedMay 2026
View on Google Play ↗
myG Online screenshot 1myG Online screenshot 2myG Online screenshot 3myG Online screenshot 4
2

Blishoper

by Blishoper

Installs462K
Rating—
Last updatedMar 2025
View on Google Play ↗
Blishoper screenshot 1Blishoper screenshot 2Blishoper screenshot 3Blishoper screenshot 4Blishoper screenshot 5Blishoper screenshot 6
3

Dreampot

by Dreampot

Installs303K
Rating5.011K ratings
Installs, year on year+9%
Last updatedAug 2024
View on Google Play ↗
Dreampot screenshot 1Dreampot screenshot 2Dreampot screenshot 3Dreampot screenshot 4Dreampot screenshot 5Dreampot screenshot 6
4

Lala Stories - Beyond Tales!

by Lala Stories

Installs189K
Rating4.383K ratings
Last updatedMay 2026
View on Google Play ↗
Lala Stories - Beyond Tales! screenshot 1Lala Stories - Beyond Tales! screenshot 2Lala Stories - Beyond Tales! screenshot 3Lala Stories - Beyond Tales! screenshot 4Lala Stories - Beyond Tales! screenshot 5
5

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
8

Adore By Priyanka

by Adore

Installs64K
Rating4.2647 ratings
Last updatedMar 2026
View on Google Play ↗
Adore By Priyanka screenshot 1Adore By Priyanka screenshot 2Adore By Priyanka screenshot 3Adore By Priyanka screenshot 4Adore By Priyanka screenshot 5
9

q-discounts

by Q-Discounts

Installs59K
Rating—
Last updatedFeb 2023
View on Google Play ↗
q-discounts screenshot 1q-discounts screenshot 2q-discounts screenshot 3q-discounts screenshot 4q-discounts screenshot 5q-discounts screenshot 6
10

Oxygen

by Oxygen

Installs53K
Rating4.2118 ratings
Last updatedNov 2023
View on Google Play ↗
Oxygen screenshot 1Oxygen screenshot 2Oxygen screenshot 3Oxygen screenshot 4Oxygen screenshot 5Oxygen screenshot 6
The business behind the activity

Retail financials in Kerala

Revenue, profit and growth from the filed annual accounts of 88 retail companies in Kerala for FY24-25 — 129 of the 593 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 92% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹35,228.48 cr

88 companies filing accounts

combined net profit₹857.10 cr

2.4% aggregate margin

are profitable47%

41 of 88 companies

median revenue~₹2.3 cr

the typical company

median revenue growth+15%

into FY24-25

earned by the top five92%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,766.35 crFY19-2059 filers
₹10,381.43 crFY20-2167 filers
₹13,409.08 crFY21-2292 filers
₹16,578.75 crFY22-23103 filers
₹25,449.88 crFY23-24103 filers
₹35,228.48 crFY24-2588 filers

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

Like-for-like

The same 72 companies over three years

+69%
FY22-23₹15,821.63 cr₹534.95 cr net
FY23-24₹20,791.86 cr₹715.69 cr net
FY24-25₹26,751.83 cr₹830.07 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 cr3324% profitable
₹1–10 cr2948% profitable
₹10–100 cr1164% profitable
₹100–1,000 cr1182% profitable
Over ₹1,000 cr475% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking23
0–20%19
20–50%12
50–100%10
Doubled+16

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

Profitability

Profit is concentrated at the top

41profitable
47loss-making
2.4%aggregate margin
-0.8%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
Sunny DiamondsSUNNY DIAMONDS PRIVATE LIMITED+110%₹137.27 cr
GrowcomsGROWCOMS PRIVATE LIMITED
Goldtree Bullion IndiaGOLDTREE BULLION INDIA PRIVATE LIMITED+38%₹110.21 cr
Kalyan JewellersKALYAN JEWELLERS INDIA LIMITED+37%₹21,787.14 cr
LuLu MallsLULU INTERNATIONAL SHOPPING MALLS PRIVATE LIMITED+26%₹5,008.45 cr
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED+17%₹266.64 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED24.2%₹266.64 cr
E-HubE-HUB CORPORATE SERVICES PRIVATE LIMITED
Sunbeam VenturesSUNBEAM MERCHANTILE VENTURES PRIVATE LIMITED7.2%₹139.36 cr
Bhima And Brother BullionBHIMA AND BROTHER BULLION PRIVATE LIMITED6.7%₹724.48 cr
Ramachandran TextilesJEYARAMA REALTY AND HOLDINGS PRIVATE LIMITED₹447.16 cr
Goldtree Bullion IndiaGOLDTREE BULLION INDIA PRIVATE LIMITED4.4%₹110.21 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Retail chains7₹6,103.05 cr~₹447.2 cr86%1.9%
Consumer electronics e-commerce6₹678.69 cr~₹38.5 cr67%0.3%
Fashion tech8₹505.78 cr~₹1.7 cr38%-0.4%
Retailers8₹460.62 cr~₹24.7 cr88%2.8%
E-commerce enablers6₹281.86 cr~₹2.5 cr50%23.0%
Wholesalers5₹255.95 cr~₹4.6 cr80%5.9%
Beauty tech8₹20.12 cr~₹2.1 cr62%0.7%
Home improvements5₹18.05 cr~₹14 lakh20%-54.4%
Leaders

Largest retail companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Kalyan JewellersKALYAN JEWELLERS INDIA LIMITED₹21,787.14 cr₹688.68 cr3.2%+37%
LuLu MallsLULU INTERNATIONAL SHOPPING MALLS PRIVATE LIMITED₹5,008.45 cr−₹9.44 cr-0.2%+26%
myGMyg India Private Limited₹3,451.34 cr₹37.51 cr1.1%>10×
Manappuram JewellersMANAPPURAM JEWELLERS LIMITED.₹1,406.51 cr₹6.37 cr0.5%+3%
Bhima And Brother BullionBHIMA AND BROTHER BULLION PRIVATE LIMITED₹724.48 cr₹48.62 cr6.7%+0%
Impex, Impex TechnologiesKCM APPLIANCES PRIVATE LIMITED₹461.37 cr−₹4.38 cr-0.9%+14%
Ramachandran TextilesJEYARAMA REALTY AND HOLDINGS PRIVATE LIMITED₹447.16 cr₹24.71 cr
Jewelima DiamondsJEWELIMA DIAMONDS PRIVATE LIMITED₹339.62 cr₹2.58 cr0.8%+11%
Litmus7LITMUS7 SYSTEMS CONSULTING PRIVATE LIMITED₹266.64 cr₹64.65 cr24.2%+17%
Akshaya Gold and DiamondsAKSHAYA GOLD & DIAMONDS INTERNATIONAL PRIVATE LIMITED₹194.10 cr₹7.37 cr3.8%-0%
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 Kerala 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 Kerala
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 Kerala 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, Kerala3

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 Kerala

3Acquisition

Most active acquirers

  1. Popees baby care1
  2. Kalyan jewellers1
  3. Motilal oswal financial services1

Most acquired or merged

  1. Popees Baby Care Products1
  2. Singularity strategic1
  3. Kalyan jewellers1

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 Kerala

15 retail companies in Kerala have recorded equity funding, US$42.37m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Kerala

Meet the people behind retail companies in Kerala. 183 of 593 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Kerala retail companies by sub-sector

The most common specialisations among retail companies in Kerala. 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