Retail · Mumbai, India

Best Retail Companies in Mumbai, India

Updated 2026-06-16 · Ranked by funding & momentum

2299 indexable Retail companies headquartered in Mumbai, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $17.5B across 346 funded companies, including 5 unicorns.

2,299
Companies
$17.5B
Total Funding
346
Funded
5
Unicorns
4
Rounds (90d)

Ranked: Best Retail companies in Mumbai

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Servify
AI powered product lifecycle management platform
$138.5M $852M
as of 2024
Series D Series D Dec 2025 422 2015 ↑ Active
2 uppercase
Online retailer of eco-friendly backpacks, trolley bags, duffle bags, and accessories
$19.6M $61M
as of 2024
Series B Series B Apr 2026 68 2021 ↑ Active
3 Atomberg
Manufacturer of energy efficient ceiling fans kitchen appliances smart locks
$127.9M $358.4M
as of 2023
Series C Series C Oct 2025 765 2012 ↑ Active
4 Pepperfry
Online platform offering multi-category home products
$302.2M $374.8M
as of 2023
Acquired Series F Jun 2025 421 2011 ↑ Active
5 ZILO
Online retailer of branded clothing with same-day delivery options
$19.9M Series A Series A Feb 2026 2025 ↑ Active
6 Inamo
Platform offering operations outsourcing and fulfillment solutions
$11M Series A Series A Mar 2026 2024 ↑ Active
7 OneAssist
Provider of protection plans and repair services for electronic devices
$53.1M $193M
as of 2021
Series E Series E Sep 2025 295 2011 ↑ Active
8 Bonkers Corner
Online retailer of unisex streetwear clothing, accessories, and related merchandise
$10.7M Series A Series A Mar 2026 57 2020 ↑ Active
9 Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$252.6M $945.1M
as of 2023
Series E Series E Mar 2025 272 2015 ↑ Active
10 Chupps
Online platform offering footwear and lifestyle accessories
$3.4M $4.7M
as of 2021
Series A Series A Apr 2026 20 2019 ↑ Active
11 Zepto Unicorn
Application-based platform offering on demand grocery delivery service
$1.6B $5B
as of 2024
Series G Aug 2024 2,656 2020 ↑ Active
12 The Sleep Company
Platform offering smart mattresses and bedding accessories
$49.3M $198.6M
as of 2023
Series D Series D Aug 2025 824 2019 ↑ Active
13 RAS Luxury Oils
Retailer of skincare, lip care, makeup, hair care, perfume, and bath and body products
$3.6M $8M
as of 2022
Series B Series B Mar 2026 20 2017 ↑ Active
14 The EleFant
The EleFant Toy | Rent Toys for Kids: Rental Toys for Kids
$1.9M Seed Seed May 2026 2023 ↑ Active
15 JSW One MSME Unicorn
Online retailer of TMT, steel HR coil, and cement products
$25M $335.9M
as of 2023
Series B Series B Oct 2025 186 2020 ↑ Active
16 Purplle Unicorn
Brand of beauty and cosmetic products
$679.8M $1.2B
as of 2024
Series F Series F Jun 2024 876 2012 ↑ Active
17 Reliance Retail Unicorn
Retail chain offering diversified products
$7.7B $100B
as of 2023
Late Stage PE Sep 2023 4,293 2006
18 Snapmint
Online retailer of electronics, appliances, fashion, and home and kitchenware
$42.3M $31.1M
as of 2022
Series B Series A 2025 177 2017 ↑ Active
19 Purple Style Labs
Chains providing curated luxury fashion
$52.6M $359.8M
as of 2023
Series E Series E Mar 2025 116 2015 ↑ Active
20 Art Of Time
Retailer of luxury watches
$13.8M Series B Series B Oct 2025 69 2015 ↑ Active
21 Clayco
Platform offering skincare products
$2M Series A Series A Feb 2026 2023 ↑ Active
22 Sukkhi Fashion Jewellery
Online retailer of Indian ethnic and fashion jewelry
$8.5M $28.4M
as of 2022
Series A Venture Debt Sep 2025 38 2012 ↑ Active
23 Limelight
Online retailer of lab-grown diamond rings, earrings, pendants, and more
$1.4M $45.1M
as of 2024
Series B Series B Feb 2026 58 2019 ↑ Active
24 Pilgrim
Online brand offering multi-category natural beauty care products
$33M $247.3M
as of 2024
Series B Series B Mar 2025 253 2019 ↑ Active
25 JUST IN TIME
Time Watches is a authorized retailer offering a wide range of premium watch brands
$9.1M Series A Series A Sep 2025 7 2006 ↑ Active
26 EMoMee
Provider of educational toys promoting emotional intelligence
$1M Seed Seed Mar 2026 2023 ↑ Active
27 SuperZop
Platform offering wholesale grocery procurement solutions
$8.3M $14.2M
as of 2022
Series A Series A Jul 2025 123 2016 ↑ Active
28 RN Kids $760K Seed Seed Mar 2026 2025 ↑ Active
29 CoutLoot
AI-powered short format and live video platform for businesses and entrepreneurs
$18.3M $71.7M
as of 2024
Series A Series A Mar 2025 15 2016 ↑ Active
30 WAH Care
Provider of technology platform for child developmeny
$1.7M Seed Seed Nov 2025 2020 ↑ Active
31 Flicka
Internet first brand offering multi-category cosmetics products
$1.4M Seed Seed Jan 2026 2018 ↑ Active
32 Evenflow
Platform offering acquisition and scaling of e‑commerce businesses
$14.3M $27.9M
as of 2023
Series A Series A Mar 2025 28 2021 ↑ Active
33 Bombay Shirt Company
Online retailer of custom-made and ready-made shirts, pants, and outerwear
$22.7M $27.6M
as of 2024
Series B Series B Jan 2025 48 2012 ↑ Active
34 Imagimake
Provider of a educational and fun toys and games for children
$3.3M $15.2M
as of 2023
Series B Series B Oct 2025 100 2012 ↑ Active
35 Lucira Jewelry
Retailer of lab grown diamond jewelry including rings and necklaces
$5.5M Seed Seed Sep 2025 2025 ↑ Active
36 Nua
Provider of sanitary pads, period care, and skincare products
$18.3M $22.4M
as of 2023
Series B Series B Feb 2025 54 2017 ↑ Active
37 WinMagic
Retailer of toys, games, and related items for children
$3.4M Seed Seed Sep 2025 45 2017 ↑ Active
38 SUGAR Cosmetics
Internet-first brand offering multi-category color cosmetic products and accessories
$86.9M $361.6M
as of 2024
Series D Aug 2024 627 2012 ↑ Active
39 LUZO
Online platform offering curated bookings and exclusive offers for premium salons, spas, and clinics
$404.1K $1.8M
as of 2023
Seed Angel Mar 2026 10 2021 ↑ Active
40 Secret Alchemist
Manufacturer of clean perfumes and aromatherapy products
$898K $1.1M
as of 2024
Seed Seed Dec 2025 2020 ↑ Active
41 FAE Beauty
Online retailer of cosmetic products including makeup and skincare items
$940.4K $4M
as of 2023
Seed Seed Nov 2025 18 2019 ↑ Active
42 Foxtale
Online brand of skincare, face, lip, body care, and perfume products
$23.2M $94.9M
as of 2024
Series C Series C Dec 2024 224 2021 ↑ Active
43 The Souled Store
Online retailer offering licensed pop culture apparel, accessories, and lifestyle products
$29.7M $98.6M
as of 2023
Series C Angel Oct 2024 50 2013 ↑ Active
44 Haus & Kinder
Online retailer of bedsheets, curtains, cushion covers, towels, and baby products
$1.3M $9.1M
as of 2022
Series A Series A Nov 2025 14 2018 ↑ Active
45 Emiza
Provider of warehousing, order fulfillment, and supply chain management services
$12.5M $27.9M
as of 2022
Series C Series C Jan 2025 276 2015 ↑ Active
46 awenest
Online marketplace offering multi category eco friendly products
$240.2K $2.6M
as of 2024
Seed Angel Mar 2026 2021 ↑ Active
47 Fang Oral Care
Provider of oral care products
$1.1M Seed Seed Nov 2025 2015 ↑ Active
48 Nailinit
Online retailer of reusable stick-on nails and related application accessories
$329.9K Seed Seed Feb 2026 2024 ↑ Active
49 Happi Planet
Online brand offering cleaning products powered by nature
$1.2M $4.6M
as of 2024
Seed Seed Oct 2025 5 2021 ↑ Active
50 MyMuse
Brand of gender-neutral sexual wellness products
$4.6M Seed Seed Apr 2025 16 2020 ↑ Active

Top 12 Retail companies in Mumbai

#1
Servify Series D
$138.5M Raised
expand_more
#1

Servify Series D

location_onMumbai, Maharashtra
Founded
2015
Employees
422
Funding raised
$138.5M
Valuation
$852M · 2024
Stage
Series D

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

Funding rounds (15 disclosed of 15)
Round Date Amount
Series D Dec 2025 $7.5M
Series D Mar 2025 $7.7M
Venture Debt Aug 2024 $6M
Series D Aug 2024 $4.1M
Series D Apr 2023 $18.3M
Series D Jan 2023 $2.4M
9 earlier rounds — sign up free
Tech stack
amazon web servicesant designapple icloud mailaxioscart functionalitycdnjs+14
#2
uppercase Series B
$19.6M Raised
expand_more
#2

uppercase Series B

location_onMumbai, Maharashtra
Founded
2021
Employees
68
Funding raised
$19.6M
Valuation
$61M · 2024
Stage
Series B

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.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series B Apr 2026 $2.1M
Series B Apr 2025 $331.8K
Series B Aug 2024 $9M
Seed Oct 2023 $2.1M
Seed Jul 2022 $7M
Seed Jul 2021 $1.5M
Tech stack
amazon s3amazon web servicescart functionalitycloudflarecloudflare bot managementcore-js+14
#3
Atomberg Series C
$127.9M Raised
expand_more
#3

Atomberg Series C

location_onMumbai, Maharashtra
Founded
2012
Employees
765
Funding raised
$127.9M
Valuation
$358.4M · 2023
Stage
Series C

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.

Funding rounds (8 disclosed of 9)
Round Date Amount
Series C Oct 2025 $24.1M
Series C Mar 2023 $53.2M
Series C Dec 2021 $20M
Series B Sep 2021 Undisclosed
Series B Dec 2020 $9.9M
Series A Apr 2019 $10M
3 earlier rounds — sign up free
Tech stack
apache http serverapollocart functionalitycloudflarecloudflare browser insightscore-js+14
#4
Pepperfry Acquired
$302.2M Raised
expand_more
#4

Pepperfry Acquired

location_onMumbai, Maharashtra
Founded
2011
Employees
421
Funding raised
$302.2M
Valuation
$374.8M · 2023
Stage
Acquired

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.

Funding rounds (13 disclosed of 14)
Round Date Amount
Series F Jun 2025 $5.1M
Series F Jul 2023 $23M
Venture Debt Nov 2021 $10M
Series F Oct 2021 $40.1M
Venture Debt Feb 2021 $4.8M
Series F Feb 2020 $40M
8 earlier rounds — sign up free
Tech stack
akamaiakamai mpulseamazon sesamazon web servicesangularappnexus+14
#5
ZILO Series A
$19.9M Raised
expand_more
#5

ZILO Series A

location_onMumbai, Maharashtra
Founded
2025
Funding raised
$19.9M
Stage
Series A

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.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Feb 2026 $15.3M
Seed May 2025 $4.6M
Tech stack
cart functionalitycore-jsfacebook pixelgodaddygoogle analyticsgoogle workspace+14
#6
Inamo Series A
$11M Raised
expand_more
#6

Inamo Series A

location_onMumbai, Maharashtra
Founded
2024
Funding raised
$11M
Stage
Series A

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.

Funding rounds (3 disclosed of 3)
Round Date Amount
Venture Debt Mar 2026 $2M
Series A Mar 2026 $6M
Seed Jan 2025 $3M
Tech stack
cart functionalitygoogle font apigoogle workspacehstsopen graphreact+3
#7
OneAssist Series E
$53.1M Raised
expand_more
#7

OneAssist Series E

location_onMumbai, Maharashtra
Founded
2011
Employees
295
Funding raised
$53.1M
Valuation
$193M · 2021
Stage
Series E

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 transac

Funding rounds (10 disclosed of 10)
Round Date Amount
Series E Sep 2025 $907.5K
Series E Sep 2021 $32.8M
Series C Dec 2019 $3.5M
Series C Dec 2018 $6M
Series C Jun 2017 $18.4M
Series B Jun 2016 $178.2K
4 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon cloudwatch rumamazon sesamazon web servicesangular materialangularjs+14
#8
Bonkers Corner Series A
$10.7M Raised
expand_more
#8

Bonkers Corner Series A

location_onMumbai, Maharashtra
Founded
2020
Employees
57
Funding raised
$10.7M
Stage
Series A

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

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Mar 2026 $10.5M
Angel Jan 2026 $163.1K
Founders & key people
Tech stack
amazon web servicesbunnycart functionalitycloudflareflickitygoogle analytics+14
#9
Bizongo Series E
$252.6M Raised
expand_more
#9

Bizongo Series E

location_onMumbai, Maharashtra
Founded
2015
Employees
272
Funding raised
$252.6M
Valuation
$945.1M · 2023
Stage
Series E

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.

Funding rounds (12 disclosed of 15)
Round Date Amount
Series E Mar 2025 $4.5M
Series E Oct 2023 $50M
Series D Aug 2022 $25M
Grant (prize money) Dec 2021 Undisclosed
Series D Nov 2021 $110.8M
Series C Apr 2021 $51M
9 earlier rounds — sign up free
Founders & key people
Tech stack
amazon sesamazon web servicesclevertapcloudflarecloudflare bot managementcore-js+14
#10
Chupps Series A
$3.4M Raised
expand_more
#10

Chupps Series A

location_onMumbai, Maharashtra
Founded
2019
Employees
20
Funding raised
$3.4M
Valuation
$4.7M · 2021
Stage
Series A

Online platform offering footwear and lifestyle accessories. It provides a range of products designed for comfort and casual use. The platform focuses on items like sandals, slippers, and related essentials that cater to daily wear needs.

Funding rounds (7 disclosed of 8)
Round Date Amount
Series A Apr 2026 Undisclosed
Angel Aug 2023 $26.5K
Seed May 2022 $1.7M
Seed Jul 2021 $1.1M
Seed Jan 2021 $136.7K
Seed Dec 2020 $400K
2 earlier rounds — sign up free
Tech stack
alpine.jsaosaxioscart functionalitycdnjscloudflare+14
#11
Zepto Unicorn Series G
$1.6B Raised
expand_more
#11

Zepto Unicorn Series G

location_onMumbai, Maharashtra
Founded
2020
Employees
2,656
Funding raised
$1.6B
Valuation
$5B · 2024
Stage
Series G

Operator of an online grocery company intended to deliver groceries to the doorstep within a short time. The company focuses on delivering a range of prepared food items, including hot beverages and snacks, enabling customers to purchase products online and get them delivered to their homes.

Tech stack
amazon cloudfrontamazon s3amazon sesamazon web servicesapolloapple icloud mail+14
#12
$49.3M Raised
expand_more
#12

The Sleep Company Series D

location_onMumbai, Maharashtra
Founded
2019
Employees
824
Funding raised
$49.3M
Valuation
$198.6M · 2023
Stage
Series D

Platform offering smart mattresses and bedding accessories. It offers a range of mattresses, chairs, pillows, recliner bed, pillows, cushions, and beds designed with smart-grid technology. The company claims that the products has features including airflow technology, elasticity, and more.

Funding rounds (5 disclosed of 5)
Round Date Amount
Series D Aug 2025 $14.8M
Series C Nov 2023 $22.1M
Venture Debt Nov 2022 $990.7K
Series B Oct 2022 $21.4M
Seed Jun 2021 $5.8M
Tech stack
amazon albamazon cloudfrontamazon s3amazon web servicesant designapexcharts.js+14

Recent signals in Mumbai Retail

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Funding & investor landscape

Total raised
$17.5B
across these companies
Companies funded
346
with disclosed funding
Highest-funded
$7.7B raised

Most active investors

BC Brand Capital 19 investments in Retail AL Angel List 18 investments in Retail VC Venture Catalysts 18 investments in Retail L LetsVenture 15 investments in Retail BV Blume Venture 13 investments in Retail SV Stride Ventures 13 investments in Retail W Wellfound 12 investments in Retail KC Kae Capital 10 investments in Retail MA Mumbai Angels 10 investments in Retail 1 100X.VC 9 investments in Retail AV Artha India Ventures 9 investments in Retail IQ India Quotient 9 investments in Retail

Notable founders in Mumbai Retail

SP Sreevathsa Prabhakar Founder & CEO Servify · $138.5M raised
DG Dheeraj Goyal Co-Founder & COO uppercase · $19.6M raised
US Uday Sodhi Co-Founder uppercase · $19.6M raised
NR Nidhi Rajora Co-Founder uppercase · $19.6M raised
AK Arnob Kumar Co-Founder & CFO uppercase · $19.6M raised
SG Sudip Ghose Co-Founder & Managing Director uppercase · $19.6M raised
SD Sibabrata Das Co-Founder & COO Atomberg · $127.9M raised
MM Manoj Meena Co-Founder & CEO Atomberg · $127.9M raised
AS Ashish Shah Co-Founder & CEO Pepperfry · $302.2M raised
BJ Bhavik Jhaveri Co-Founder ZILO · $19.9M raised
PP Padmakumar Pal Co-Founder & CEO ZILO · $19.9M raised
NS Nikesh Savla Co-Founder & Director Inamo · $11M raised

Frequently asked questions

How many Retail companies are there in Mumbai, India?
Radar tracks 2299 indexable Retail companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Mumbai, India?
The Retail companies in Mumbai, India on this list have raised a combined $17.5B in disclosed equity funding across 346 funded companies.
Which is the highest-funded Retail company in Mumbai, India?
Reliance Retail is the highest-funded Retail company in Mumbai, India, with $7.7B in disclosed equity funding.
How many Retail companies in Mumbai, India are funded?
346 of the 2299 Retail companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Mumbai, India?
5 Retail companies in Mumbai, India on this list are valued at $1B or more.
Who are the top investors in Mumbai, India Retail companies?
The most active investors in Mumbai, India Retail companies on this list include Brand Capital, Angel List, Venture Catalysts, LetsVenture, Blume Venture.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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