Radar Companies Retail · Madhya Pradesh
Radar · Retail in Madhya Pradesh

Best Retail Companies in Madhya Pradesh, India

The 255 best Retail companies in Madhya Pradesh, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ShopKirana.

255companies tracked
$98.6Mdisclosed funding
0unicorns
19have raised

Ranked: Best Retail companies in Madhya Pradesh

#CompanyRevenueDisclosed fundingLast roundTech stackWeb popularitySEO maturityRecent signals
1Arun Vastra Bhandar
Provider of designer wedding dresses and bridal lehengas
$63M
FY2024
PleskWindows ServerMicrosoft ASP.NET+7Top 5Mbasic
2ShopKirana
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
$56M
FY2025
$58M14 mo agoWix eCommerceWixSentry+12Top 10Mrich
3Kimirica
Online retailer of vegan bath, body, skincare, fragrance products
$16M
FY2025
$15M10 mo agoCart FunctionalityShopifySentry+28Top 500krich1 partnership · 1 expansion
4Vyapaar Vistaar
Platform offering B2B supply chain solutions
$12M
FY2025
$3M32 mo agoPHPUbuntuChart.js+10Top 50Mbasic
5Home Essentials
Digital-first D2C brand offering home organization, kitchen items, and decor
$6M
FY2025
$11M3 mo agoCart FunctionalityShopifyZURB Foundation+23Top 50krich2 job openings · 1 expansion
6HomeStrap
Limited information available
$5M
FY2025
$60K40 mo agoCart FunctionalityShopifySentry+23Top 500krich
7iTokri
Online platform offering handcrafted multi-category consumer products
$3M
FY2025
$14K135 mo agoCart FunctionalityShopifyApple iCloud Mail+29Top 50krich
8Yatrikart
Chains providing snacks beverages and daily essentials at transit hubs
$3M
FY2025
$3M14 mo agoCart FunctionalityWordPressMySQL+22Top 10Mrich2 job openings
9Kyari
Provider of indoor plants, planters, and plant care solutions
$2M
FY2025
$779K32 mo agoWordPressMySQLPHP+19Top 100krich
10Agro Shopee
Online store for agro-chemicals
$1M
FY2021
11Farmkart
Provider of an app-based platform for farming products and services
$870K
FY2025
$2M96 mo agoWordPressMySQLPHP+25Top 50Mrich
12My Mandi
Provider of software suite solutions to hyperlocal businesses
$776K
FY2025
$2M32 mo agoWordPressMySQLPHP+16Top 10Mrich
13Alanna
Internet first brand offering multi-category lip care products
$206K
FY2025
$146K48 mo agoPageFlyCart FunctionalityShopify+40Top 5Mbasic
14Karghewale
Retailer of handlooms and crafts apparel for the fashion industry
$153K
FY2025
27 mo agoCart FunctionalityOpenCartMySQL+21Top 10Mbasic
15Talkfever
AI-powered digital ecosystem that seamlessly integrates social networking, creator monetization, social…
$108K
FY2025
$113K7 mo agoSkolengoMariaDBJava+23Top 5Mbasic1 launch · 1 award

Top 12 Retail companies in Madhya Pradesh

#1
Series A · Gwalior, Madhya Pradesh · founded 2024
$11.3Mraised

Digital-first D2C brand offering home organization, kitchen items, and decor. Its product line includes cookware, storage solutions for bedrooms and living rooms, kitchen storage containers, cleaning products, bathroom accessories, and furnishing items such as sofa covers and floor mats.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 5.1% of this cohort's audience
Hiring: 6 hiring posts in 12 mo (public) · momentum +0 · hiring: Home Essentials Store, Art Director
Activity: 1 partnerships · 1 expansions (incl. Blue Dart Dipanjan Banerjee) announced in 12 mo
Funding rounds
  • Feb 2026Series A$7.7M
  • Sep 2025Seed$1.2M
  • Mar 2025Seed$2.2M
  • Jul 2024Angel$179.1K
Founders & team
Divyam JainCo-Founder & CMOTanishq JainCo-Founder & CEO
Investors
India Quotient, Stride Ventures, Trifecta Capital, 360 One
#2
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 — 7.4% 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
#3
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 — 13.7% 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
#4
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 — 5.4% 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
#5
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 — 2.1% 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
#6
Seed · Gwalior, Madhya Pradesh · founded 2020
$112.7Kraised

AI-powered digital ecosystem that seamlessly integrates social networking, creator monetization, social commerce, digital advertising, and community-driven platform. It focuses on key areas such as content creation, online commerce, and community engagement. The platform connects different services such as social media, marketplaces, and advertising tools to support creators, businesses, and users. Its goal is to create economic opportunities and enhance digital access through an integrated ecosystem.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 743 LinkedIn followers
Activity: 1 product launches · 1 awards announced in 12 mo
Funding rounds
  • Nov 2025Seed$112.7K
Founders & team
Preeti GuptaCo-FounderShivram VermaCo-Founder & CEO
Tech stack
Apache Http ServerApache TomcatBootstrapCdnjsCloudflareFont Awesome
#7
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
#8
Seed · Gwalior, Madhya Pradesh · founded 2021 · 50 employees
$2.1Mraised

Provider of software suite solutions to hyperlocal businesses. Its solutions include storefronts, branding, strategy, financing, EV rentals, supply chain management, and distribution networks. It offers solutions for last-mile grocery vendors.

Funding rounds
  • Sep 2023Seed$1.2M
  • May 2023Seed$302.7K
  • May 2022Seed$553.6K
Founders & team
Suryansh RanaCo-FounderMahanaaryaman ScindiaCo-Founder
Investors
LetsVenture, Real Time Accelerator Fund, Angel List, The Rise Fund, Earthfinancialadvisors, IIMA Ventures
#9
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
#10
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 — 22.3% 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
#11
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
#12
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 — 11.9% 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

Funding & investor landscape

$98.6Mtotal disclosed funding
16companies funded
40disclosed rounds
0rounds last 90 days
Most active investors
AIC-Prestige5 rounds
Angel List2 rounds
Better Capital2 rounds
IIMA Ventures2 rounds
NPTK Emerging Asia Fund2 rounds
Pontaq2 rounds
R.I.S.E Artisan Fund2 rounds
Trifecta Capital2 rounds
100Unicorns1 rounds
360 One1 rounds

Notable founders

Divyam Jain
Co-Founder & CMO · Home Essentials
Tanishq Jain
Co-Founder & CEO · Home Essentials
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
Preeti Gupta
Co-Founder · Talkfever
Shivram Verma
Co-Founder & CEO · Talkfever
Satvik Kumat
Co-Founder · Vyapaar Vistaar
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 Madhya Pradesh, India?
Radar tracks 255 indexable Retail companies headquartered in Madhya Pradesh, India, India, that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Madhya Pradesh, India?
The Retail companies in Madhya Pradesh, India on this list have raised a combined $98.6M in disclosed equity funding across 16 funded companies.
Which is the highest-funded Retail company in Madhya Pradesh, India?
ShopKirana is the highest-funded Retail company in Madhya Pradesh, India, with $58.2M in disclosed equity funding.
How many Retail companies in Madhya Pradesh, India are funded?
16 of the 255 Retail companies in Madhya Pradesh, India on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Madhya Pradesh, India?
None of the Retail companies in Madhya Pradesh, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madhya Pradesh, India Retail companies?
The most active investors in Madhya Pradesh, India Retail companies on this list include AIC-Prestige, Angel List, Better Capital, IIMA Ventures, NPTK Emerging Asia Fund.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

Coming soon