Radar Companies Retail · Maharashtra
Radar · Retail in Maharashtra

Best Retail Companies in Maharashtra, India

The 3134 best Retail companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Reliance Retail.

3134companies tracked
$19.8Bdisclosed funding
9unicorns
447have raised

Ranked: Best Retail companies in Maharashtra

#CompanyDisclosed fundingRevenueRevenue YoYEmployeesTech stackApp-install YoYRecent signals
1Reliance Retail 🦄
Retail chain offering diversified products
$7.7B$32.1B
FY2025
+5%4,293Node.jsReactNext.js+81 job opening · 1 award
2Infra.Market 🦄
Provider of diverse building and construction materials for project lifecycles
83Funding top 9%Moat top 17%Market top 20%Fin. health top 24%
All 12 signals ▾
Fundingtop 9%
Moattop 17%
Markettop 20%
Fin. healthtop 24%
Partnerstop 26%
Producttop 32%
Innovationtop 34%
Talenttop 34%
Newstop 35%
Growthtop 46%
Techtop 47%
Globalbottom 39%
Funding: Raised $556M across 26 rounds · 26 rounds over 8 yrs (3.2/yr)
Moat: Top 1% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 9/10
rank vs industry peers · Fliar Intelligence Index 83/100
$556M$2.2B
FY2025
+26%2,803
2,803 → 1,945 (-31%) · sector median +36%
Apple iCloud MailMicrosoft 365PHP+201 expansion
3JSW One MSME 🦄
Online retailer of TMT, steel HR coil, and cement products
78Moat top 20%Fin. health top 23%Funding top 26%Market top 27%
All 11 signals ▾
Moattop 20%
Fin. healthtop 23%
Fundingtop 26%
Markettop 27%
Techtop 27%
Innovationtop 34%
Producttop 37%
Newstop 45%
Growthtop 46%
Talentbottom 49%
Globalbottom 37%
Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
Fin. health: Revenue ~$471M (FY2021) · Net margin -5.5%
rank vs industry peers · Fliar Intelligence Index 78/100
$25M$471M
FY2025
+180%186TurbopackNode.jsNextAuth.js+211 launch
4Zepto 🦄
Application-based platform offering on demand grocery delivery service
95Customers top 8%Moat top 9%Market top 13%Tech top 14%
All 10 signals ▾
Customerstop 8%
Moattop 9%
Markettop 13%
Techtop 14%
Fundingtop 20%
Producttop 21%
Growthtop 28%
Talenttop 35%
Fin. healthtop 45%
Globalbottom 38%
Customers: Play-Store rating 4.67★ across 4,645,423 ratings (5 apps) · Review volume +57% in 6 mo
Moat: Top 1% by revenue among 804 tracked Online Grocery companies · Editorial + unicorn rating 9/10
rank vs industry peers · Fliar Intelligence Index 95/100
$1.6B$258M
FY2023
2,656MediumApple iCloud MailGoogle Workspace+21+35%1 partnership
5Purplle 🦄
Brand of beauty and cosmetic products
$680M$167M
FY2025
+94%876
876 → 1,757 (+101%) · sector median +36%
Cart FunctionalityApple iCloud MailGoogle Workspace+19+41%3 job openings · 1 internship · 1 launch
6Atomberg
Manufacturer of energy efficient ceiling fans kitchen appliances smart locks
84News top 16%Moat top 20%Funding top 21%Tech top 23%
All 11 signals ▾
Newstop 16%
Moattop 20%
Fundingtop 21%
Techtop 23%
Markettop 24%
Growthtop 29%
Producttop 29%
Talenttop 36%
Customerstop 37%
Fin. healthtop 40%
Globalbottom 39%
News: 11 BI events in 12 mo (of 29 tracked, 7 types) · +450% YoY
Moat: Top 1% by revenue among 180 tracked Smart Homes companies · Editorial + unicorn rating 8/10
rank vs industry peers · Fliar Intelligence Index 84/100
$128M$118M
FY2025
+21%765
765 → 1,422 (+86%) · sector median +36%
Cart FunctionalityTypeScriptGraphQL+26+101%1 award
7Servify
AI powered product lifecycle management platform
76Funding top 19%Moat top 21%Tech top 23%Talent top 23%
All 12 signals ▾
Fundingtop 19%
Moattop 21%
Techtop 23%
Talenttop 23%
Markettop 29%
Producttop 37%
AItop 45%
Fin. healthtop 45%
Globaltop 49%
Growthbottom 41%
Newsbottom 24%
Customersbottom 22%
Funding: Raised $138M across 15 rounds · 15 rounds over 10 yrs (1.5/yr)
Moat: Top 4% by revenue among 277 tracked Consumer Electronics E-Commerce companies · Editorial + unicorn rating 8/10
rank vs industry peers · Fliar Intelligence Index 76/100
$138M$93M
FY2025
422
422 → 532 (+26%) · sector median +36%
WordPressApple iCloud MailGoogle Workspace+23
8OneAssist
Provider of protection plans and repair services for electronic devices
82Customers top 20%Fin. health top 21%Moat top 21%Funding top 26%
All 11 signals ▾
Customerstop 20%
Fin. healthtop 21%
Moattop 21%
Fundingtop 26%
Techtop 28%
Talenttop 28%
Producttop 30%
Markettop 31%
Newstop 39%
Growthtop 45%
Globalbottom 39%
Customers: Play-Store rating 4.50★ across 73,649 ratings (3 apps) · Review volume +14% in 6 mo
Fin. health: Revenue ~$74.9M (FY2024) · Net margin 17.5%
rank vs industry peers · Fliar Intelligence Index 82/100
$53M$75M
FY2025
+18%295
295 → 719 (+144%) · sector median +36%
Apple iCloud MailGoogle WorkspaceGoogle Sign-in+25+30%1 award
9The Sleep Company
Platform offering smart mattresses and bedding accessories
$49M$60M
FY2025
824
824 → 882 (+7%) · sector median +36%
Amazon WebstoreCart FunctionalityShopify+282 expansions
10Purple Style Labs
Chains providing curated luxury fashion
55Moat top 20%Funding top 22%Market top 36%News top 36%
All 9 signals ▾
Moattop 20%
Fundingtop 22%
Markettop 36%
Newstop 36%
Talenttop 38%
Growthbottom 46%
Fin. healthbottom 46%
Globalbottom 45%
Techbottom 38%
Moat: Top 1% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 8/10
Funding: Raised $52.6M across 14 rounds · 14 rounds over 11 yrs (1.3/yr)
rank vs industry peers · Fliar Intelligence Index 55/100
$53M$58M
FY2025
-3%116ReactNginxHSTS+33 job openings
11SUGAR Cosmetics
Internet-first brand offering multi-category color cosmetic products and accessories
$87M$53M
FY2023
6271 award
12Pilgrim
Online brand offering multi-category natural beauty care products
$33M$49M
FY2025
+104%253
253 → 589 (+133%) · sector median +36%
Amazon WebstoreCart FunctionalityShopify+211 partnership · 2 awards
13JUST IN TIME
Time Watches is a authorized retailer offering a wide range of premium watch brands
$9M$43M
FY2025
+39%7ShopifySvelteMicrosoft Clarity+202 expansions
14Art Of Time
Retailer of luxury watches
78Growth top 26%Moat top 32%Fin. health top 33%Market top 34%
All 8 signals ▾
Growthtop 26%
Moattop 32%
Fin. healthtop 33%
Markettop 34%
Fundingtop 37%
Talenttop 38%
Techbottom 46%
Globalbottom 32%
Growth: Headcount 45 → 69 (+53%) across vintages · Fresh capital in last 24 mo
Moat: Top 6% by revenue among 415 tracked Retailers companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 78/100
$14M$34M
FY2025
69
69 → 94 (+36%) · sector median +36%
Cart FunctionalityShopifyYouTube+25
15SuperZop
Platform offering wholesale grocery procurement solutions
69Talent top 22%Moat top 24%Funding top 27%Fin. health top 33%
All 11 signals ▾
Talenttop 22%
Moattop 24%
Fundingtop 27%
Fin. healthtop 33%
Producttop 33%
Innovationtop 34%
Growthtop 36%
Markettop 41%
Globalbottom 37%
Techbottom 33%
Newsbottom 22%
Talent: Analyst team rating 5/5 · 4 named leaders on record
Moat: Top 5% by revenue among 804 tracked Online Grocery companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 69/100
$8M$29M
FY2025
+50%123
123 → 137 (+11%) · sector median +36%
particles.jsAnimate.cssBootstrap+102 partnerships
16Foxtale
Online brand of skincare, face, lip, body care, and perfume products
$23M$24M
FY2025
+144%224
224 → 322 (+44%) · sector median +36%
Cart FunctionalityShopifyOxi Social Login+38+500%
17Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
62Moat top 21%Funding top 26%Market top 36%Tech top 36%
All 11 signals ▾
Moattop 21%
Fundingtop 26%
Markettop 36%
Techtop 36%
Producttop 41%
AItop 45%
Talentbottom 49%
Fin. healthbottom 48%
Growthbottom 43%
Globalbottom 39%
Newsbottom 27%
Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr)
rank vs industry peers · Fliar Intelligence Index 62/100
$253M$23M
FY2023
+37%272WebflowYouTubeGoogle Cloud+21
18Pepperfry
Online platform offering multi-category home products
$302M$22M
FY2025
-11%421Cart FunctionalityMagentoTypeScript+35+19%2 job openings · 3 expansions
19Frido
Retailer of ergonomic products for physical comfort and pain relief
$2M$21M
FY2025
+145%213ShopifySentryZoho+282 job openings
20Snapmint
Online retailer of electronics, appliances, fashion, and home and kitchenware
82Tech top 19%News top 23%Talent top 23%Moat top 25%
All 9 signals ▾
Techtop 19%
Newstop 23%
Talenttop 23%
Moattop 25%
Fundingtop 31%
Growthtop 33%
Fin. healthtop 35%
Markettop 39%
Globalbottom 45%
Tech: 61 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront
News: 7 BI events in 12 mo (of 19 tracked, 2 types) · +133% YoY
rank vs industry peers · Fliar Intelligence Index 82/100
$42M$18M
FY2025
177Node.jsTailwind CSSReact+21
21Sukkhi Fashion Jewellery
Online retailer of Indian ethnic and fashion jewelry
48Moat top 28%Talent top 28%Funding top 42%Market top 47%
All 10 signals ▾
Moattop 28%
Talenttop 28%
Fundingtop 42%
Markettop 47%
Fin. healthtop 47%
Techbottom 48%
Productbottom 47%
Growthbottom 44%
Globalbottom 32%
Newsbottom 27%
Moat: Top 4% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 4/10
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 48/100
$8M$17M
FY2025
38Cart FunctionalityShopifyAmazon Web Services+20
22Limelight
Online retailer of lab-grown diamond rings, earrings, pendants, and more
76Growth top 23%Moat top 28%Fin. health top 29%Tech top 30%
All 10 signals ▾
Growthtop 23%
Moattop 28%
Fin. healthtop 29%
Techtop 30%
Newstop 36%
Talenttop 37%
Markettop 41%
Partnerstop 45%
Fundingtop 49%
Globalbottom 32%
Growth: Headcount 30 → 58 (+93%) across vintages · Revenue +81% YoY
Moat: Top 5% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 5/10
rank vs industry peers · Fliar Intelligence Index 76/100
$1M$15M
FY2025
+81%58Cart FunctionalityShopifySentry+302 expansions · 1 award
23Bonkers Corner
Online retailer of unisex streetwear clothing, accessories, and related merchandise
55News top 34%Moat top 35%Funding top 39%Fin. health top 39%
All 10 signals ▾
Newstop 34%
Moattop 35%
Fundingtop 39%
Fin. healthtop 39%
Markettop 40%
Growthtop 41%
Producttop 47%
Talentbottom 49%
Techbottom 39%
Globalbottom 32%
News: 4 BI events in 12 mo (of 5 tracked, 2 types) · +300% YoY
Moat: Top 19% by revenue among 643 tracked Apparel Brands companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 55/100
$11M$15M
FY2025
+26%57Cart FunctionalityShopifyZURB Foundation+18
24Nua
Provider of sanitary pads, period care, and skincare products
$18M$11M
FY2025
+100%54Cart FunctionalityNode.jsPHP+26
25Imagimake
Provider of a educational and fun toys and games for children
67Moat top 23%Fin. health top 24%Tech top 33%Growth top 34%
All 11 signals ▾
Moattop 23%
Fin. healthtop 24%
Techtop 33%
Growthtop 34%
Markettop 37%
Talenttop 38%
Producttop 46%
Fundingbottom 49%
Globalbottom 32%
Newsbottom 22%
Customersbottom 14%
Moat: Top 8% by revenue among 102 tracked Online Mom & Baby Care companies · Editorial + unicorn rating 5/10
Fin. health: Revenue ~$10.7M (FY2023) · Net margin 5.5%
rank vs industry peers · Fliar Intelligence Index 67/100
$3M$11M
FY2025
+65%100
100 → 69 (-31%) · sector median +36%
ShopifySentryOxi Social Login+42
26uppercase
Online retailer of eco-friendly backpacks, trolley bags, duffle bags, and accessories
64Talent top 23%Moat top 24%Growth top 29%Funding top 30%
All 9 signals ▾
Talenttop 23%
Moattop 24%
Growthtop 29%
Fundingtop 30%
Markettop 44%
Newstop 47%
Techtop 48%
Fin. healthbottom 43%
Globalbottom 37%
Talent: 6 named leaders on record · 6 C-suite/founder profiles curated
Moat: Top 7% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 64/100
$20M$10M
FY2025
+33%68
68 → 94 (+38%) · sector median +36%
Cart FunctionalityShopifyYouTube+241 job opening
27SuperBottoms
Online platform offering reusable cloth diapers and baby essentials
$20M$10M
FY2025
+54%93
93 → 116 (+25%) · sector median +36%
Amazon WebstoreCart FunctionalityShopify+421 job opening · 1 award
28Bombay Shirt Company
Online retailer of custom-made and ready-made shirts, pants, and outerwear
60Tech top 25%Moat top 25%Funding top 33%Growth top 36%
All 10 signals ▾
Techtop 25%
Moattop 25%
Fundingtop 33%
Growthtop 36%
Talenttop 38%
Markettop 48%
Producttop 49%
Fin. healthbottom 40%
Globalbottom 37%
Newsbottom 22%
Tech: 66 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Moat: Top 8% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 60/100
$23M$8M
FY2025
+36%48Cart FunctionalityShopifyBootstrap+361 launch
29RAS Luxury Oils
Retailer of skincare, lip care, makeup, hair care, perfume, and bath and body products
$4M$6M
FY2025
+58%20Cart FunctionalityShopifyReact+361 award
30WinMagic
Retailer of toys, games, and related items for children
$3M$6M
FY2025
+35%45
45 → 53 (+18%) · sector median +36%
Cart FunctionalityPHPUbuntu+26
31Evenflow
Platform offering acquisition and scaling of e‑commerce businesses
$14M$5M
FY2025
+59%28PHPCodeIgniterBootstrap+14
32Kult
App-based platform offering personalized beauty care recommendations
$25M$5M
FY2025
+444%115
115 → 88 (-23%) · sector median +36%
WebflowVarnishGitHub Pages+9+16%
33Clayco
Platform offering skincare products
$2M$4M
FY2025
+533%Cart FunctionalityShopifyAmazon Web Services+20
34Mirana Toys
Online e-commerce platform for smart toys
$2M$3M
FY2025
+26%69
69 → 128 (+86%) · sector median +36%
Node.jsGoogle Sign-inTailwind CSS+17+94%1 job opening
35Wiggles
Provider of a wide range of veterinary care products and services
40Talent top 28%Moat top 31%Tech top 42%Market top 44%
All 10 signals ▾
Talenttop 28%
Moattop 31%
Techtop 42%
Markettop 44%
Fundingtop 46%
Newstop 50%
Productbottom 39%
Globalbottom 37%
Growthbottom 34%
Fin. healthbottom 31%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 32% by revenue among 38 tracked Veterinary HealthTech companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 40/100
$12M$3M
FY2024
-22%172Cart FunctionalityShopifyBootstrap+21
36FAE Beauty
Online retailer of cosmetic products including makeup and skincare items
$940K$2M
FY2025
+189%18Cart FunctionalityShopifySwiper+91 job opening
37Edgistify
Integrated supply chain solutions for businesses
19News top 32%Moat top 36%Talent top 37%Tech top 50%
All 11 signals ▾
Newstop 32%
Moattop 36%
Talenttop 37%
Techtop 50%
Productbottom 45%
Fundingbottom 44%
Partnersbottom 43%
Marketbottom 38%
Globalbottom 37%
Growthbottom 36%
Fin. healthbottom 14%
News: 4 BI events in 12 mo (of 5 tracked, 4 types) · Top themes: Leadership, Contracts, Funding
Moat: Top 23% by revenue among 865 tracked Logistics Tech companies · Editorial + unicorn rating 5/10
rank vs industry peers · Fliar Intelligence Index 19/100
$2M$2M
FY2024
-32%32Node.jsZohoElement UI+18
38Flicka
Internet first brand offering multi-category cosmetics products
$1M$2M
FY2025
+39%Cart FunctionalityShopifyTailwind CSS+31
39Chupps
Online platform offering footwear and lifestyle accessories
64Growth top 17%Innovation top 36%Tech top 37%Moat top 37%
All 11 signals ▾
Growthtop 17%
Innovationtop 36%
Techtop 37%
Moattop 37%
Talenttop 38%
Newstop 39%
Producttop 41%
Fin. healthtop 43%
Fundingtop 49%
Marketbottom 38%
Globalbottom 37%
Growth: Revenue +122% YoY · Web rank 1,000,000 → 500,000 YoY
Innovation: 3 product lines
rank vs industry peers · Fliar Intelligence Index 64/100
$3M$1M
FY2025
+122%20
20 → 40 (+100%) · sector median +36%
Cart FunctionalityShopifySentry+29
40Palmonas
Online retailer of demifine jewellery crafted with gold and silver
72Growth top 15%Customers top 17%News top 23%Tech top 26%
All 11 signals ▾
Growthtop 15%
Customerstop 17%
Newstop 23%
Techtop 26%
Fundingtop 27%
Talenttop 30%
Moattop 38%
Producttop 46%
Markettop 48%
Globalbottom 37%
Fin. healthbottom 26%
Growth: Web rank 50,000 → 5,000 YoY · Fresh capital in last 24 mo
Customers: Play-Store rating 4.73★ across 12,834 ratings (1 apps)
rank vs industry peers · Fliar Intelligence Index 72/100
$47M$1M
FY2025
Cart FunctionalityShopifyReact+331 partnership · 3 expansions · 1 award
41LUZO
Online platform offering curated bookings and exclusive offers for premium salons, spas, and clinics
$404K$1M
FY2025
+193%10Cart FunctionalityTurbopackApple iCloud Mail+24+80%2 partnerships
42The EleFant
The EleFant Toy | Rent Toys for Kids: Rental Toys for Kids
$2M$833K
FY2025
+170%Cart FunctionalityTypeScriptGraphQL+271 partnership
43Inamo
Platform offering operations outsourcing and fulfillment solutions
$11M$326K
FY2025
Cart FunctionalityReactReact Router+7
44Secret Alchemist
Manufacturer of clean perfumes and aromatherapy products
$898K$211K
FY2025
+323%Cart FunctionalityShopifyAmazon Web Services+27
45CoutLoot
AI-powered short format and live video platform for businesses and entrepreneurs
$18M$77K
FY2025
-82%15Node.jsUbuntuNginx+7+13%
46EMoMee
Provider of educational toys promoting emotional intelligence
42Growth top 26%Talent top 28%Tech top 44%Funding bottom 46%
All 8 signals ▾
Growthtop 26%
Talenttop 28%
Techtop 44%
Fundingbottom 46%
Globalbottom 37%
Fin. healthbottom 37%
Moatbottom 32%
Marketbottom 28%
Growth: Revenue +28914% YoY · Web rank 1,000,000 → 10,000,000 YoY
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 42/100
$1M$23K
FY2025
+28914%Cart FunctionalityShopifySentry+26
47ZILO
Online retailer of branded clothing with same-day delivery options
78Growth top 11%Funding top 27%Market top 36%Talent top 38%
All 7 signals ▾
Growthtop 11%
Fundingtop 27%
Markettop 36%
Talenttop 38%
Techbottom 49%
Productbottom 48%
Globalbottom 36%
Growth: App-install growth +500% YoY · Fresh capital in last 24 mo
Funding: Raised $19.9M across 2 rounds · 2 rounds over 1 yrs (2.0/yr)
rank vs industry peers · Fliar Intelligence Index 78/100
$20MCart FunctionalityNode.jsUbuntu+211 launch
48RN Kids
35Talent top 45%Funding bottom 45%Global bottom 25%
All 3 signals ▾
Talenttop 45%
Fundingbottom 45%
Globalbottom 25%
Talent: 2 named leaders on record
Funding: Raised $760k across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 35/100
$760K
49WAH Care
Provider of technology platform for child developmeny
$2M
50Lucira Jewelry
Retailer of lab grown diamond jewelry including rings and necklaces
21Growth top 20%Tech top 50%Talent bottom 49%Funding bottom 48%
All 7 signals ▾
Growthtop 20%
Techtop 50%
Talentbottom 49%
Fundingbottom 48%
Globalbottom 36%
Marketbottom 15%
Fin. healthbottom 10%
Growth: Web rank 5,000,000 → 500,000 YoY · Fresh capital in last 24 mo
Tech: 26 technologies across 4/8 capability areas · Devops: Nginx
rank vs industry peers · Fliar Intelligence Index 21/100
$6MShopifyCart FunctionalityTurbopack+23

Top 12 Retail companies in Maharashtra

#1
Series G · Thane, Maharashtra · founded 2016 · 2803 employees
$555.7Mraised

Provider of diverse building and construction materials for project lifecycles. The company offers structural, finishing, and lifestyle products, including concrete, steel, and paints. It operates a multi-channel distribution network, serving both business-to-business and business-to-retail segments. The company provides a range of in-house and third-party brands.

Fliar Intelligence Index™ 83how this company ranks against its industry peers
Funding
top 9%
Moat
top 17%
Market
top 20%
Fin. health
top 24%
Partners
top 26%
Product
top 32%
Funding: Raised $556M across 26 rounds · 26 rounds over 8 yrs (3.2/yr) · Last round Series G (Nov 2025)
Moat: Top 1% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 9/10 · Unicorn
Market: 2,803 employees (top 1% of Real Estate and Construction Tech) · Revenue ~$2.2B · ~28% of tracked Construction Tech revenue (257 cos, FY2025)
Audience (LinkedIn): 85k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Nov 2025Series G$48.2M
  • Sep 2025Series G$54.9M
  • Jun 2025Conventional Debt$150M
  • Jun 2025Series F$10.9M
Founders & team
Souvik SenguptaCo-FounderAaditya ShardaCo-Founder
Investors
Avendus, Yukti Securities, Goenka Realtors, Kritagyata, Connaught Plaza Restaurant, Pratithi Investments
Tech stack
Apache Http ServerApple Icloud MailBootstrapCdnjsCloudflareFont Awesome
#2
Series D · Mumbai, Maharashtra · founded 2015 · 422 employees
$138.5Mraised

Servify is a global product lifecycle management company that focuses on designing as well as administering custom product protection programs and exchange/upgrade programs for OEMs, telcos and retailers. Brands overwhelmingly select Servify as partner for their speed, flexibility, innovative product development, technology, compliance and underwriting expertise, and its ability to drive revenue and retention through a relentless customer focus.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 19%
Moat
top 21%
Tech
top 23%
Talent
top 23%
Market
top 29%
Product
top 37%
Funding: Raised $138M across 15 rounds · 15 rounds over 10 yrs (1.5/yr) · Last round Series D (Dec 2025)
Moat: Top 4% by revenue among 277 tracked Consumer Electronics E-Commerce companies · Editorial + unicorn rating 8/10 · Soonicorn
Tech: 52 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Nginx
Audience (LinkedIn): 133k LinkedIn followers — 2.3% of this cohort's audience
Funding rounds
  • Dec 2025Series D$7.5M
  • Mar 2025Series D$7.7M
  • Aug 2024Venture Debt$6M
  • Aug 2024Series D$4.1M
Founders & team
Hrushi SodhaCo-OwnerRochelle XaavierCo-owner & Human ResourcesM KalsiCo-Owner & Chief Service Officer
Investors
Iron Pillar, Beenext, Blume Venture, Trifecta Capital, TM Service Technology Holdings, Barkawi
Tech stack
Amazon Web ServicesAnt DesignApple Icloud MailAxiosCart FunctionalityCdnjs
#3
Series B · Mumbai, Maharashtra · founded 2021 · 68 employees
$19.6Mraised

Online retailer of eco-friendly backpacks, trolley bags, duffle bags, and accessories. The company provides a variety of bags, including backpacks for school and professional use, trolley bags in various sizes and types, and duffle bags with or without wheels. It also offers accessories such as laptop sleeves. The retailer focuses on sustainable materials and offers free delivery.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Talent
top 23%
Moat
top 24%
Growth
top 29%
Funding
top 30%
Market
top 44%
News
top 47%
Talent: 6 named leaders on record · 6 C-suite/founder profiles curated
Moat: Top 7% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Growth: Headcount 35 → 68 (+94%) across vintages · Revenue +33% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 8k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Institutional Sales Manager
Funding rounds
  • Apr 2026Series B$2.1M
  • Apr 2025Series B$331.8K
  • Aug 2024Series B$9M
  • Oct 2023Seed$2.1M
Founders & team
Dheeraj GoyalCo-Founder & COOUday SodhiCo-FounderNidhi RajoraCo-Founder
Investors
Sixth Sense Ventures, Volrado Venture Partners, Enam Holdings, Accel, Netesoft India, Trifecta Capital
Tech stack
Amazon S3Amazon Web ServicesCart FunctionalityCloudflareCloudflare Bot ManagementCore-Js
#4
Series C · Mumbai, Maharashtra · founded 2012 · 765 employees
$127.9Mraised

Manufacturer of energy efficient ceiling fans kitchen appliances smart locks. The company specializes in energy-efficient smart home appliances like BLDC ceiling fans, mixer grinders, water purifiers, and more. These appliances utilize motor technology designed to reduce power consumption during operation. The product range covers household cooling, food preparation, and home security requirements.

Fliar Intelligence Index™ 84how this company ranks against its industry peers
News
top 16%
Moat
top 20%
Funding
top 21%
Tech
top 23%
Market
top 24%
Growth
top 29%
News: 11 BI events in 12 mo (of 29 tracked, 7 types) · +450% YoY · 7 high-value events (IPO/M&A/funding/contracts) in 12 mo
Moat: Top 1% by revenue among 180 tracked Smart Homes companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $128M across 8 rounds · 8 rounds over 11 yrs (0.7/yr) · Last round Series C (Oct 2025)
Audience (LinkedIn): 69k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Oct 2025Series C$24.1M
  • Mar 2023Series C$53.2M
  • Dec 2021Series C$20M
  • Sep 2021Series B
Founders & team
Sibabrata DasCo-Founder & COOManoj MeenaCo-Founder & CEO
Investors
Temasek, Steadview, Trifecta Capital, Jungle Ventures, Inflexor, V-Sciences Investments
Tech stack
Apache Http ServerApolloCart FunctionalityCloudflareCloudflare Browser InsightsCore-Js
#5
Series B · Pune, Maharashtra · founded 2022
$47.3Mraised

Online retailer of demifine jewellery crafted with gold and silver. The company provides a variety of products, including necklaces, earrings, rings, bracelets, and mangalsutras. The jewellery is made with materials such as sterling silver, surgical steel, and lab-grown diamonds.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Growth
top 15%
Customers
top 17%
News
top 23%
Tech
top 26%
Funding
top 27%
Talent
top 30%
Growth: Web rank 50,000 → 5,000 YoY · Fresh capital in last 24 mo
Customers: Play-Store rating 4.73★ across 12,834 ratings (1 apps)
News: 14 BI events in 12 mo (of 22 tracked, 4 types) · +180% YoY · 9 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 109k LinkedIn followers · 234 engagements/post (5.5× cohort median)
Activity (LinkedIn): 1 partnerships · 1 awards · 3 expansions (incl. underneat.in) announced in 12 mo
Funding rounds
  • Jan 2026Series B$40M
  • Aug 2025Series A$6.3M
  • Feb 2025Angel$145.4K
  • Jan 2025Seed$810K
Founders & team
Shraddha KapoorCo-FounderPallavi MohadikarCo-Founder & CEOAmol PatwariCo-Founder
Investors
Vertex Ventures, Risify, Thapar Vision, Xponentia Capital
Tech stack
Booster Page Speed OptimizerCart FunctionalityCloudflareFacebook PixelGodaddyGoogle Font Api
#6
Series A · Thane, Maharashtra · founded 2019 · 115 employees
$24.8Mraised

App-based platform offering personalized beauty care recommendations. The app helps users identify products that meet various skin and cosmetic needs by using data-driven suggestions and information. To make product recommendations based on user preferences and skin types, the app administers a quiz. The platform also provides information about product ingredients and their effects. The mobile app is available for iOS users.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Beauty Category Power Users
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Mar 2026Series A
  • Apr 2025Series A$20M
  • Oct 2023Seed$4.8M
Founders & team
Devesh SinghCo-FounderKarishma SinghCo-Founder & CEORuchika PallaviCo-Founder & CTO
Investors
Venture Catalysts, Massons Realtors and Developers, Rush Techmart Solutions, Mercuri
#7
Acquired · Mumbai, Maharashtra · founded 2011 · 421 employees
$302.2Mraised

Online platform offering multi-category home products. The product catalog includes furniture, decor, mattress, lighting, home textiles, furnishings, home appliances, etc. The mobile application is available for Android and iOS users. It also offers consultation services for product customization.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 194k LinkedIn followers — 3.4% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Home Marketplace Manager, Associate Director – Business Development
Activity: 3 expansions announced in 12 mo
Funding rounds
  • Jun 2025Series F$5.1M
  • Jul 2023Series F$23M
  • Nov 2021Venture Debt$10M
  • Oct 2021Series F$40.1M
Founders & team
Ashish ShahCo-Founder & CEO
Investors
Bertelsmann India Investments, Norwest, General Electric, Pidilite Ventures, Growth Equity Opportunity Fund, Ananta Capital
Tech stack
AkamaiAkamai MpulseAmazon SesAmazon Web ServicesAngularAppnexus
#8
Series A · Mumbai, Maharashtra · founded 2025
$19.9Mraised

Online retailer of branded clothing with same-day delivery options. It provides apparel for women, men, and children. The retailer offers options for home trials. It provides delivery services for clothing.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Growth
top 11%
Funding
top 27%
Market
top 36%
Talent
top 38%
Tech
bottom 49%
Product
bottom 48%
Growth: App-install growth +500% YoY · Fresh capital in last 24 mo
Funding: Raised $19.9M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Series A (Feb 2026)
Market: Top-100,000 web property
Audience (LinkedIn): 9k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Feb 2026Series A$15.3M
  • May 2025Seed$4.6M
Founders & team
Bhavik JhaveriCo-FounderPadmakumar PalCo-Founder & CEO
Investors
Info Edge Ventures, Chiratae Ventures, Peak XV Partners, Alteria Capital, Stride Ventures
Tech stack
Cart FunctionalityCore-JsFacebook PixelGodaddyGoogle AnalyticsGoogle Workspace
#9
Series A · Mumbai, Maharashtra · founded 2024
$11Mraised

Platform offering operations outsourcing and fulfillment solutions. It focuses on providing support for quick delivery businesses through modular and reliable services. The platform enables brands to manage logistics, fulfillment, and last-mile operations with efficiency.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Hiring: 7 hiring posts in 12 mo (public) · momentum -2 · hiring: Dark Store Operations Manager, Team Leader
Funding rounds
  • Mar 2026Venture Debt$2M
  • Mar 2026Series A$6M
  • Jan 2025Seed$3M
Founders & team
Nikesh SavlaCo-Founder & DirectorMohsin MumtuleCo-Founder & Director
Investors
Shastra, Antler, Gemba Capital, S N Damani Infra, Sugal & Damani, Prime Venture Partners
Tech stack
Cart FunctionalityGoogle Font ApiGoogle WorkspaceHstsOpen GraphReact
#10
Series E · Mumbai, Maharashtra · founded 2011 · 295 employees
$53.1Mraised

Provider of protection plans and repair services for electronic devices. These offerings include coverage for accidental damage, liquid spills, and hardware breakdowns for mobile phones, laptops, and home appliances. The business facilitates maintenance and repair tasks for various household equipment and electronics. Additionally, it provides financial protection plans against identity fraud and unauthorized transactions related to credit cards and digital wallets.

Fliar Intelligence Index™ 82how this company ranks against its industry peers
Customers
top 20%
Fin. health
top 21%
Moat
top 21%
Funding
top 26%
Tech
top 28%
Talent
top 28%
Customers: Play-Store rating 4.50★ across 73,649 ratings (3 apps) · Review volume +14% in 6 mo
Fin. health: Revenue ~$74.9M (FY2024) · Net margin 17.5% · Revenue +18% YoY
Moat: Top 5% by revenue among 277 tracked Consumer Electronics E-Commerce companies · Editorial + unicorn rating 8/10 · Soonicorn
Audience (LinkedIn): 16k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Sep 2025Series E$907.5K
  • Sep 2021Series E$32.8M
  • Dec 2019Series C$3.5M
  • Dec 2018Series C$6M
Founders & team
Saurabh ChandraCo-Founder & CTOSubrat PaniCo-Founder & CEOGagan MainiCo-Founder & Director
Investors
RSCo, Peak XV Partners, Lightspeed Venture Partners, Trifecta Capital, Assurant, Moonstone Investment Management
Tech stack
Amazon CloudfrontAmazon Cloudwatch RumAmazon SesAmazon Web ServicesAngular MaterialAngularjs
#11
Series A · Mumbai, Maharashtra · founded 2020 · 57 employees
$10.7Mraised

Online retailer of unisex streetwear clothing, accessories, and related merchandise. The company provides a selection of apparel, including oversized t-shirts, hoodies, sweatshirts, jeans, jackets, and bottoms. It also offers accessories such as bags, caps, rugs, socks, and stickers. It is a streetwear fashion brand specializing in affordable unisex luxury apparel, pop culture-inspired collections like Marvel, Disney, and Pokémon, and street culture aesthetics.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
News
top 34%
Moat
top 35%
Funding
top 39%
Fin. health
top 39%
Market
top 40%
Growth
top 41%
News: 4 BI events in 12 mo (of 5 tracked, 2 types) · +300% YoY · Top themes: Funding
Moat: Top 19% by revenue among 643 tracked Apparel Brands companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Funding: Raised $10.7M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Series A (Mar 2026)
Audience (LinkedIn): 22k LinkedIn followers · 104 engagements/post (2.4× cohort median)
Activity (LinkedIn): 4 expansions announced in 12 mo
Funding rounds
  • Mar 2026Series A$10.5M
  • Jan 2026Angel$163.1K
Founders & team
Shubham GuptaCo-Founder
Investors
India SME Investments, Radhakrishna Ramnarain
Tech stack
Amazon Web ServicesBunnyCart FunctionalityCloudflareFlickityGoogle Analytics
#12
Series E · Mumbai, Maharashtra · founded 2015 · 272 employees
$252.6Mraised

Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 21%
Funding
top 26%
Market
top 36%
Tech
top 36%
Product
top 41%
AI
top 45%
Moat: Top 4% by revenue among 334 tracked E-Commerce Enablers companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $253M across 12 rounds · 12 rounds over 11 yrs (1.1/yr) · Last round Series E (Mar 2025)
Market: 272 employees (top 22% of Fintech) · Revenue ~$23.1M · ~1% of tracked E-Commerce Enablers revenue (334 cos, FY2025)
Funding rounds
  • Mar 2025Series E$4.5M
  • Oct 2023Series E$50M
  • Aug 2022Series D$25M
  • Dec 2021Grant (prize money)
Founders & team
Sachin AgrawalCo-Founder
Investors
Schroders Capital, British International Investment, International Finance Corp, Chiratae Ventures, IFC, B Capital
Tech stack
Amazon SesAmazon Web ServicesClevertapCloudflareCloudflare Bot ManagementCore-Js

Funding & investor landscape

$19.8Btotal disclosed funding
437companies funded
1,189disclosed rounds
6rounds last 90 days
Most active investors
Venture Catalysts23 rounds
Angel List22 rounds
Brand Capital21 rounds
LetsVenture19 rounds
Stride Ventures14 rounds
Wellfound14 rounds
Blume Venture13 rounds
Mumbai Angels12 rounds
100X.VC11 rounds
Alteria Capital11 rounds

Notable founders

Souvik Sengupta
Co-Founder · Infra.Market
Aaditya Sharda
Co-Founder · Infra.Market
Hrushi Sodha
Co-Owner · Servify
Rochelle Xaavier
Co-owner & Human Resources · Servify
Dheeraj Goyal
Co-Founder & COO · uppercase
Uday Sodhi
Co-Founder · uppercase
Sibabrata Das
Co-Founder & COO · Atomberg
Manoj Meena
Co-Founder & CEO · Atomberg
Shraddha Kapoor
Co-Founder · Palmonas
Pallavi Mohadikar
Co-Founder & CEO · Palmonas
Devesh Singh
Co-Founder · Kult
Karishma Singh
Co-Founder & CEO · Kult
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 Maharashtra, India?
Radar tracks 3134 indexable Retail companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Maharashtra, India?
The Retail companies in Maharashtra, India on this list have raised a combined $19.8B in disclosed equity funding across 437 funded companies.
Which is the highest-funded Retail company in Maharashtra, India?
Reliance Retail is the highest-funded Retail company in Maharashtra, India, with $7.7B in disclosed equity funding.
How many Retail companies in Maharashtra, India are funded?
437 of the 3134 Retail companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Maharashtra, India?
9 Retail companies in Maharashtra, India on this list are valued at $1B or more.
Who are the top investors in Maharashtra, India Retail companies?
The most active investors in Maharashtra, India Retail companies on this list include Venture Catalysts, Angel List, Brand Capital, LetsVenture, Stride Ventures.
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.

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