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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE GURUGRAM EDITION 2026

Gurugram’s
retail industry,
in focus.

The companies, capital and talent shaping retail in Gurugram. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Retail Industry Landscape of Gurugram
IN
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Retail illustration
Companies tracked 1,161Retail ecosystem in Gurugram Disclosed funding $9.47B248 companies · all recorded rounds Companies hiring 152With open roles at the snapshot Tracked open roles 34928 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore Gurugram’s retail leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Explore the full landscape
Retail company highlights in Gurugram, snapshot 31 August 2026
Company
Snapdealsnapdeal.com$1.77B—361—
AceVectoracevector.com$1.5B———
Delhiverydelhivery.com$1.25B7 roles24,895$863.63MFYFY2025 filing
Lenskartlenskart.com$980.6M—10,834Financial figure available in RadarView in Radar
Ecom Expressecomexpress.in$324.04M—16,259$246.95MFYFY2025 filing
Shiprocket$321.57M———
ShopCluesshopclues.com$257.76M—701—
boAtboat-lifestyle.com$179.94M—469$320.53MFYFY2025 filing
Hohensteinhohenstein.in—10 roles19—
Honasa Consumerhonasa.in—7 roles975$195.25MFYFY2025 filing
Mamaearthmamaearth.in—7 roles975—
P3NTAGRAMp3ntagram.com—7 roles——
Zalleryzallery.com—7 roles——
Nat Habitnathabit.in—6 roles335—
Shapercultshapercult.com—6 roles——
Cashifycashify.in——1,318$114.48MFYFY2025 filing
Channelplaychannelplay.in——1,191—
Citykartcitykart.co.in——2,522—
FarMartfarmart.co——320$201.35MFYFY2025 filing
Ideacraftideacraft.com———Financial figure available in RadarView in Radar
JCB Indiajcbindiashop.com——6Financial figure available in RadarView in Radar
LOTS Wholesalelotswholesale.com——535Financial figure available in RadarView in Radar
Noisegonoise.com——336Financial figure available in RadarView in Radar
OLXolx.in——1—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Startup discovery

Recorded classifications only
THE KEY SIGNALS

Retail industry KPIs in Gurugram

A few useful ratios bring the size of this ecosystem into perspective.

31 August 2026
Hiring participation13.1%

152 of 1,161 tracked companies have open roles.

Funding participation23.3%

270 of 1,161 tracked companies have a recorded round.

Top 3 funding share47.8%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$1M

Midpoint of 650 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 47.8% of disclosed capital, while 76.7% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Gurugram retail has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Gurugram retail
$0$395.28M$790.55M$1.19B$1.58B2016: $603.71M20162017: $194.74M20172018: $78.83M20182019: $971.23M20192020: $226.06M20202021: $1.39B20212022: $1.08B20222023: $336.72M20232024: $270.68M20242025: $256.06M2025
View the numbers
Annual retail funding and company formation in Gurugram
YearFunding (USD)FoundedRaising
2016$603.71M10032
2017$194.74M5336
2018$78.83M8025
2019$971.23M8648
2020$226.06M7736
2021$1.39B11574
2022$1.08B11883
2023$336.72M9268
2024$270.68M7159
2025$256.06M2554
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Snapdeal18.7%
  • AceVector15.9%
  • Delhivery13.2%
  • Other companies52.2%

Funding by stage

726 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel461 63.5%
Series A–B147 20.2%
Series C+ / PE62 8.5%
Grants, debt & other56 7.7%

Recent recorded rounds

Latest recorded rounds · USD
8 rounds

Swipe or scroll horizontally to browse.

Angel05/2026
Gabit $3.76M

Backed by Deepak Gupta and Arnab Basu and others.

Series A04/2026
GobbleCube $15M

Backed by SIG Venture Capital and Info Edge Ventures and others.

Seed04/2026
Swageazy $584.03K

Backed by Info Edge Ventures.

Seed03/2026
Moe Puppy $216.54K

Backed by PedalStart and Jindagilive Angel Network.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series H05/2021
Delhiverydelhivery.com$277.4M

Backed by Fidelity Investments and Multiples Alternate Asset Management and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

Expand panel +
₹ crore · standalone

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 364 reporting entities from 485 eligible matches.

Revenue in covered accounts₹75,136.9 crore

Sum of reporting-entity revenue; not Gurugram market sales.

Net profit / loss₹-5,124.5 crore

Combined result for the same cohort.

Aggregate net margin-6.8%

Combined net income ÷ combined revenue.

Median company revenue₹6.7 crore

The middle covered reporting entity.

Profitable entities+43.1%

157 of 364 covered entities.

Top-five concentration+51.7%

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 364 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

364 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
GURUGRAM · INDUSTRY COHORTS

How does retail compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Gurugram companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

70 of the 1,161 companies on this page carry a measured traffic record (6%); these are the largest of those, by monthly visits. The median among them is 327,472 visits.

CompanyMonthly visitsAuthorityMobile
Delhiverydelhivery.com18,576,5627382.3%
OLXolx.in18,332,6138273.4%
Wishlinkwishlink.com16,537,4223798.8%
Realmerealme.com10,693,3807989.1%
Cashifycashify.in10,427,6167085.7%
Lenskartlenskart.com8,849,1076990.9%
boAtboat-lifestyle.com6,713,1306693.6%
Noisegonoise.com5,151,2146095.7%
CashKarocashkaro.com4,727,0055494%
Pickrr Servicespickrr.com4,058,2663198.9%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

142 of these companies (12.2%) publish at least one Android app — 388 apps in all, carrying 1.2B installs between them.

AppInstallsRatingStore category
OLX: Buy & Sell Near YouOLX271.7M4.4Shopping
Snapdeal Trendy Budget FashionSnapdeal226.1M4.1Shopping
LimeRoad: Online Fashion ShopLimeroad108.2M4.3Shopping
ShopCluesShopClues95.4M3.5Shopping
Lenskart : Eyeglasses & MoreLenskart76.5M4.3Shopping
Cashify: Sell & Buy Old PhonesCashify55.5M4.4Shopping
NoiseFit: Health & FitnessNoise54M4.5Health & Fitness
realme StoreRealme45M4.1Shopping
CityMall: Online Shopping AppCityMall44.1M4.4Shopping
realme CommunityRealme29.2M3.8Social

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q4–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Horizontal E-Commerce17637.7MOLX: Buy & Sell Near You 271.7M
Consumer Electronics E-Commerce43220.7MCashify: Sell & Buy Old Phones 55.5M
Fashion Tech33189.1MLimeRoad: Online Fashion Shop 108.2M
Social Commerce6159.4MCityMall: Online Shopping App 44.1M
Mobiles & Accessories10130.5MNoiseFit: Health & Fitness 54M
Wearable Technology1886.1MboAt Wearables 15.4M
Fashion Accessories477.4MLenskart : Eyeglasses & More 76.5M
Coupons And Deals1060.4MCashKaro - Cashback & Coupons 28M

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 42023Q2: 52023Q22023Q3: 132023Q3: 02023Q32023Q4: 52023Q4: 52023Q42024Q1: 72024Q1: 32024Q12024Q2: 92024Q2: 22024Q22024Q3: 182024Q3: 92024Q32024Q4: 232024Q4: 332024Q42025Q1: 292025Q1: 272025Q12025Q2: 302025Q2: 332025Q22025Q3: 332025Q3: 322025Q32025Q4: 262025Q4: 462025Q42026Q1: 142026Q1: 582026Q1

Darker bars are new releases, lighter bars apps updated. 282 of 388 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Gurugram retail market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Retail tech1,020
Consumer digital738
B2c e-commerce693
Internet first brands391
Enterprise tech265
B2c fashion e-commerce244
Internet first fashion brands176
Commerce enablers153
Marketplaces136
Enterprise software134
Beauty tech119
Beauty e-commerce105

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Retail tech

The largest measured segment in this report snapshot.

1020companies
14.0%have hiring activity

143 companies hiring · $9.31B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

E-commerce - product833
E-commerce - service267
Subscription234
Commission on transaction166
Physical commerce124
Advertising102
Fee-for-service66
Renting / leasing7
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Mergers & acquisitionsrealme.com ↗

A post from Digital Chat Station on Weibo suggests that OnePlus and Realme have officially merged.

Funding roundsgrest.in ↗

Grest, a refurbished electronics firm, has secured foreign direct investment from Japan-based venture capital firm ICMG, marking an early-stage cross-border bet on India’s fast-formalizing recommerce market.

Funding roundsswageazy.com ↗

Swageazy Ecommerce D2C B2B $579K - Info Edge Ventures, OnGrid, HROne Info Edge Ventures

Mergers & acquisitionsdelhivery.com ↗

A group of investors, including prominent financial institutions Goldman Sachs and Morgan Stanley, has made a significant acquisition of shares in the logistics company Delhivery.

Funding roundsgobblecube.ai ↗

Consumer brand analytics platform GobbleCube has raised $15 million in funding led by Susquehanna Venture Capital, with participation from existing investors InfoEdge Ventures and Kae Capital, which invested through its Winner’s Fund.

Mergers & acquisitionsfashinza.com ↗

Fashion supply chain platform Fashinza has acquired Qckin, a manufacturing‑focused design‑to‑delivery startup.

Mergers & acquisitionshonasa.in ↗

Other transactions include Marico acquiring 4700BC, ITC acquiring Yoga Bar, and Honasa Consumer acquiring Reginald Men.

Mergers & acquisitionssolethreads.com ↗

"Tauseef Mirza, managing director of Mirza International, has acquired a 100% stake in casual footwear startup Solethreads."

IPO activitycashify.in ↗

Cashify Picks Bankers for ₹1,800 Cr IPO, Eyes 2027 Listing

Mergers & acquisitionsinnovist.com ↗

L’Oréal is nearing a deal to acquire a controlling stake in Innovist, the parent firm of Bare Anatomy. The deal is reportedly valued at approximately Rs 4,000 crore ($427.45 million).

Full recorded event mix

Top 10 categories among 1,312 recorded events in the 24-month window.

Earnings
371
Leadership moves
202
Company announcements
162
Funding rounds
144
IPO activity
131
Mergers & acquisitions
129
New products
70
Regulatory
26
Lawsuit
25
Capital infusions
25
7 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

37 tracked people moves

JCB India ↗
Geetika Bangia

Appointment Head – PR & Corporate Communications

Lenskart ↗
Madhur Acharya

Departure Previously Vice President – Ecommerce

Delhivery ↗
Prashant Gazipur

Appointment Senior Vice President of Operations

OLX ↗
Varun Sanghi

Appointment Non-Executive Chairman

Citykart ↗
Rohit Goyal

Appointment Chief Financial Officer

Delhivery ↗
Mr. Deepak Kapoor

Resignation Previously Board Director

Delhivery ↗
Ms. Neelam Dhawan

Appointment Chairperson of the Board of Directors

Vineet Saksena

Appointment Senior Vice President – FMCG

Product launches

Products, platforms and features in the recorded window

Cashify ↗
Cashify Select

Refurbished electronics

ControlZ ↗
ControlZ Snap 10K Mag Power Bank and ControlZ Volt 20W Charger

Accessory

JCB India ↗
JCB 3DX DFi

Backhoe loader

Magicpin ↗
Vera

AI-based assistant

Lenskart ↗
GeoIQ

Geo-analytics engine

Lenskart ↗
TangoEye

Computer vision platform

Delhivery ↗
economy air parcel service

Service

Delhivery ↗
TransportOne

Transport Management System

Workforce actions

4 companies with reported reductions

Realme ↗

Scale not stated rolescost reduction

500 rolesfinancial strain

Snapdeal ↗

1,000 rolescost reduction

Scale not stated rolescost reduction

Regulatory events

42 recorded events

Delhivery ↗

approved allotment of shares

Snapdeal ↗

fined for listing and selling toys without BIS certificationCentral Consumer Protection Authority (CCPA)

Snapdeal ↗

directed to ensure future compliance with BIS standardsCentral Consumer Protection Authority (CCPA)

Snapdeal ↗

penalty imposedCentral Consumer Protection Authority (CCPA)

Litigation

17 tracked suits

Company
delhivery v Assessing Officer, Income Tax

income tax penaltyRegulatory · Settled

Company
philips v Visage Lines Personal Care, bombay shaving company

misleading advertising in social media reelCivil · Settled

Earnings pulse

Reported company results in the recorded window.

36companies
333period observations
16.5%median reported growth

Median across 352 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
oneplus→Realme ↗2026-04-30Not stated in snapshot
Group of investors→Delhivery ↗Completed2026-04-15Not stated in snapshot
morgan stanley asia→Delhivery ↗2026-04-15Not stated in snapshot
goldman sachs→Delhivery ↗2026-04-15Not stated in snapshot
nippon india mutual fund→Delhivery ↗2026-04-15Not stated in snapshot
edelweiss mutual fund→Delhivery ↗2026-04-15Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

987 postings in the preceding 12 months. The full 1,243-posting snapshot covers 152 employers.

Expand panel +

Most advertised job titles

Territory Manager32
Sales Executive25
Retail Sales Associate11
Part Time Sales Associate7
Program Manager7
Product Manager6
6 internship postings

4 tracked postings mention remote work.

The seniority mix

754 postings specify a level.

unspecified
489
manager
347
senior
189
lead
154
intern
48
entry
16

Skills employers mention

Top skills across 1,243 tracked postings in the available jobs snapshot.

Sales
110
Communication Skills
83
Excel
69
Data Analysis
63
Sql
60
Communication
58
Customer Service
56
Stakeholder Management
53
Negotiation
50
Python
48
ADVERTISED PAY$6.0K/ year

Median across 198 postings with pay data, expressed in USD.

Salary by seniority

manager$2.4K/ year72 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

1,114 founders and chief executives across 732 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

228 profiles with education records.

IIT Delhi
47
IIM Ahmedabad
23
Indian School of Business
20
University of Delhi
18
BITS Pilani
14
IIM Calcutta
12
IIT Roorkee
12
IIT Kharagpur
12

Prior employers

68 profiles with prior-work records.

McKinsey
24
Microsoft
10
Bain
10
Goldman Sachs
5
Flipkart
5
Boston Consulting Group
4
Uber
4
Amazon
3

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

1,221,065 articles in the measured 12-month window.

Expand panel +
1,221,065articles in the measured year
319,181articles in 2026Q1
60.8%positive tone in the latest complete year

News volume trends

Retail coverage across India · articles per complete quarter

0110,268220,536330,804441,0722021Q2: 175,4852021Q22021Q3: 185,1632021Q4: 160,7582022Q1: 189,1302022Q2: 201,9942022Q22022Q3: 230,0872022Q4: 236,2912023Q1: 266,8882023Q2: 239,5122023Q22023Q3: 260,0832023Q4: 234,3842024Q1: 253,9762024Q2: 259,2662024Q22024Q3: 282,4632024Q4: 295,2012025Q1: 335,8852025Q2: 283,9682025Q22025Q3: 383,5412025Q4: 239,8632026Q1: 319,1812026Q1
View quarterly article counts
QuarterArticles
2021Q2175,485
2021Q3185,163
2021Q4160,758
2022Q1189,130
2022Q2201,994
2022Q3230,087
2022Q4236,291
2023Q1266,888
2023Q2239,512
2023Q3260,083
2023Q4234,384
2024Q1253,976
2024Q2259,266
2024Q3282,463
2024Q4295,201
2025Q1335,885
2025Q2283,968
2025Q3383,541
2025Q4239,863
2026Q1319,181

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
338,451 positive · 38,665 neutral · 181,243 negative
2022
535,497 positive · 60,729 neutral · 259,962 negative
2023
655,255 positive · 71,033 neutral · 273,248 negative
2024
709,790 positive · 104,012 neutral · 275,587 negative
2025
754,687 positive · 151,257 neutral · 335,435 negative

Leading coverage topics

Retail coverage across India · ranked by full-period article count.

Geopolitical Disputes And Contested Areas300,779 articles in the full recorded period
92,588 recent · 69,721 prior
International And Transnational Geographic Entities300,760 articles in the full recorded period
92,582 recent · 69,720 prior
Administrative And Political Subdivisions300,704 articles in the full recorded period
92,559 recent · 69,711 prior
International Sports Competitions111,147 articles in the full recorded period
23,282 recent · 22,992 prior
International Political Relations73,341 articles in the full recorded period
19,718 recent · 13,056 prior
New Product Launches And Innovations59,726 articles in the full recorded period
15,284 recent · 11,926 prior
Cricket Test Matches55,428 articles in the full recorded period
11,519 recent · 10,128 prior
Political Party Dynamics54,720 articles in the full recorded period
9,999 recent · 9,768 prior
Strategic Partnerships And Collaborations51,469 articles in the full recorded period
13,511 recent · 10,029 prior
Trade Policies And Agreements46,872 articles in the full recorded period
19,530 recent · 10,081 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

India comparison coverage

KeywordRecentPriorChange
tariff negotiations9,9614,868105%
bilateral trade3,9332,06291%
trade dispute mechanisms3,8651,867107%
trade barrier reduction3,8482,10683%
trade facilitation commitments3,7041,89396%
countries3,6181,560132%
free trade deals3,4892,06969%
multilateral diplomacy3,3682,32845%
diplomatic strategies3,2592,01062%
bilateral trade imbalance2,7991,75859%
odi cricket5,1838,264-37%
limited overs cricket4,9367,948-38%
odi tactics4,8217,480-36%
odi series4,5047,109-37%
odi tournaments4,3076,905-38%

Event and signal lenses

India comparison coverage

All complete annual cohorts shown
Rising

Regulatory Risk

1,836,149 classified articles

territories, disputed islands, test cricket

43.3% critical · 27.6% positive
Rising

Funding Momentum

243,332 classified articles

pre-ipo valuation, ipo prospectus, ipo pricing

48.6% critical · 47.0% positive
Rising

Growth

525,759 classified articles

gdp growth rate, economic output growth, economic growth statistics

46.7% critical · 50.7% positive

Retail coverage across India. Topic labels describe recorded classifications and can include broad context.

UNDERSTAND THE LANDSCAPE

Retail in Gurugram: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put Gurugram in context

All landscapes ↗

Company ecosystem snapshot: 31 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon