
Retail Landscape of Mumbai
2,765 Retail companies in Mumbai, in one picture: who is hiring, who is raising money, who founded them, what the news is about and which skills employers want. Updated August 2026.
Who leads Retail in Mumbai
The page lists 2,765 retail firms in Mumbai, highlighting the companies currently hiring, the best‑funded firms, and those receiving the most media coverage.
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DMart8last posted Aug 2026
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Nykaa7last posted Aug 2026
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The Sleep Company7last posted Aug 2026
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Armor6last posted Jun 2026
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Inamo6last posted Aug 2026
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Shoppers Stop6last posted Aug 2026
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Parity Cube6last posted Aug 2026
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Snapmint6last posted Aug 2026
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Reliance Retail$7.4BPE · Sep 2023
- 02
DMart$574.5MPost IPO · Feb 2020
- 03
Purplle$559.9MSeries F · Jun 2024
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Future Lifestyle Fashions$510.3MPost IPO · Feb 2020
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Pepperfry$322.1MSeries F · Jun 2025
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Bizongo$310.5MSeries E · Mar 2025
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Medikabazaar$185.1MSeries D · Apr 2022
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Snapmint$180.6MSeries B · May 2025
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Shree Ramkrishna Exports$963MFY2022 filing
- 02
Nykaa$729.5MFY2025 filing
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Hamleys$684.4MFY2024 filing
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Shoppers Stop$540.3MFY2023 filing
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JSW One MSME$533.2MFY2021 filing
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DMart$471.3MFY2021 filing
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Mochi Shoes$329.6MFY2021 filing
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Asian Star$284.6MFY2023 filing
- 01
Aditya Birla Nuvo37,000tracked employees
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DMart14,898tracked employees
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Shoppers Stop6,327tracked employees
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Mochi Shoes3,960tracked employees
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Bharat Diamond Bourse3,750tracked employees
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Vijay Sales3,500tracked employees
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Shree Ramkrishna Exports2,896tracked employees
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Raymond2,636tracked employees
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Reliance Retail13.0%394 tracked events
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Nykaa12.2%369 tracked events
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Raymond7.7%233 tracked events
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Trent7.2%218 tracked events
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Shoppers Stop4.5%137 tracked events
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ArisInfra3.9%118 tracked events
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Tata Digital3.2%96 tracked events
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The Sleep Company2.9%89 tracked events
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Reliance Retail1,301articles in the window
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Nykaa1,296articles in the window
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DMart774articles in the window
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Raymond523articles in the window
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Vijay Sales413articles in the window
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Reliance Digital385articles in the window
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Shoppers Stop289articles in the window
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Pepperfry180articles in the window
See all 2,765 Retail companies in Mumbai
Filter by funding, headcount, hiring and location, and export the list.
How the Retail ecosystem in Mumbai grew, 2016–2025
It shows how many retail companies were founded each year, with a peak of 245 new firms in 2021 and only 27 in 2025.

The Retail market map of Mumbai: what these companies actually do
This section breaks down the product sub‑categories these firms serve and the revenue models they use, such as e‑commerce product sales and subscriptions.
The biggest kinds of Retail company, by how many we track.








- Retail Tech2,180 companies · $12.3B raised · 185 hiring
- Consumer Digital1,672 companies · $2.5B raised · 126 hiring
- B2C E-Commerce1,626 companies · $2.4B raised · 121 hiring
- Internet First Brands995 companies · $777.1M raised · 84 hiring
- B2C Fashion E-Commerce694 companies · $441.5M raised · 53 hiring
- Internet First Fashion Brands550 companies · $305.5M raised · 46 hiring
- Enterprise Tech415 companies · $1.9B raised · 48 hiring
- Internet First Apparel Brands312 companies · $120M raised · 24 hiring
- Marketplaces291 companies · $1.1B raised · 27 hiring
- Beauty Tech246 companies · $1B raised · 28 hiring
- Beauty E-Commerce219 companies · $1B raised · 25 hiring
- Commerce Enablers186 companies · $509M raised · 25 hiring
Monetization
How Retail companies make money
How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.
Funding, M&A and the deals moving Retail in Mumbai
It records 1,523 corporate events over the past two years, including earnings releases, announcements, key‑person changes, funding rounds, and mergers.
- M&ANew Delhi: IPO-bound JSW One Platforms Ltd has acquired home design and project management company BuildNext Construction Solutions Pvt2026-04-30
- M&AReliance Retail today announced that it has acquired actor Priyanka Chopra Jonas' haircare brand ‘Anomaly’, including its brand assets, digital properties and trademarks, in a move that significantly expands its beauty portfolio, the company said in a statement on 30 April.2026-04-30
- M&ABurgundy Brand Collective has agreed to buy Le Mill for an undisclosed sum in a deal expected to see the multi-brand retailer expand beyond its single Mumbai location into multiple Indian cities.2026-04-30
- FundingChupps, India's fast-growing D2C open footwear brand, has announced that Ajinkya Rahane, current captain of Kolkata Knight Riders and former captain of the Indian Test cricket team, has joined the company as an equity investor and strategic advisor as part of its pre-Series B round fundraise.2026-04-22
- M&AFSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, has confirmed it is in discussions to acquire a stake in skincare brand 82°E.2026-04-08
- M&ANykaa has already acquired brands like Nudge Wellness and Dot & Key skincare to enhance its portfolio in the beauty retail space.2026-04-06
- Fundinginvestors Kunal Bahl and Viraj Bahl finalised the deal by investing Rs 1 crore for 3 percent equity, valuing the company at Rs 33.33 crore.2026-04-06
- M&AAlia Bhatt sold a 51% stake in her sustainable kids and maternity wear brand, Ed-a-Mamma to Reliance Retail Ventures (RRVL) about three years after launch.2026-04-05
- FundingDirect-to-consumer (D2C) luggage brand Uppercase has raised Rs 20 crore in a fresh funding round from existing investors Accel India and Volrado Venture Partners.2026-04-03
- M&AInverness-based IT solutions provider Accord Business Solutions has taken a “significant stake” multi-service solutions provider Future Group.2026-03-31
Mergers and acquisitions
Deals from the last 24 months where a Retail company in Mumbai was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.
| Acquirer | Target | Deal value | Status | Date |
|---|---|---|---|---|
| undisclosed | Completed | 2026-05-05 | ||
| undisclosed | Announced | 2026-05-03 | ||
| BuildNext Construction Solutions Private Limited | undisclosed | Announced | 2026-05-01 | |
| BuildNext Construction Solutions Pvt | undisclosed | Announced | 2026-04-30 | |
| undisclosed | Announced | 2026-04-30 | ||
| Le Mill | undisclosed | Announced | 2026-04-30 |
Who is listing, hiring leaders, launching and winning work
Detailed event data include IPO filings, leadership changes, product launches, and contract wins for the listed companies.
Purple Style LabsIPO · NSE and BSE · 5 reportsApr 2026
JSW One MSMEIPO · 1 reportApr 2026
ArisInfraIPO · NSE and BSE · ARISINFRA · 38 reportsMar 2026
AtombergIPO · Mumbai · 4 reportsMar 2026
NykaaIPO · Indian bourses · 7 reportsJan 2026
Reliance RetailIPO · 2 reportsDec 2025
KK Silk MillsIPO · BSE SME platform · 5 reportsDec 2025
PurplleIPO · 1 reportNov 2025
NykaaPearl Shah · Appointment → Senior Vice President, Owned Brands - Kay, Nykaa Private Label BrandsMay 2026
Shoppers StopBiju Kassim · Appointment → Managing Director and Chief Executive Officer of Global SS Beauty BrandsApr 2026
AtombergSibabrata Das · Appointment → Chief Executive Officer, AtombergApr 2026
AtombergManoj Meena · Promotion → chairman and MDApr 2026
AtombergSibabrata (Shibam) Das · Appointment → Chief Executive OfficerApr 2026
CromaSuman Guha · Appointment → Chief Digital OfficerApr 2026
PantaloonsSuraj Bahirwani · Appointment → Pantaloons CEO designateApr 2026
PantaloonsSangeeta Tanwani · Retirement — was CEO of PantaloonsApr 2026
JSW One MSMEOne Helix Pipes & Tubes (steel pipes and tubes)Apr 2026
PepperfryFirst factory outlet in India (Retail format)Apr 2026
Reliance DigitalDigital Discount Days (Retail promotion)Apr 2026
iThink LogisticsDelivered Duty Paid (DDP) tool (AI-powered DDP tool for SMEs)Apr 2026
iThink LogisticsBulk (B2B bulk shipping solution)Apr 2026
Reliance RetailMedicube (Dermocosmetics)Feb 2026
Nykaamedicube (Skincare)Feb 2026
TiraMedicube (Skincare)Feb 2026
ArisInfrawon capacit\'e infraprojectsApr 2026
ArisInfrawon Capacité InfraprojectsApr 2026
Nykaawon L’Oréal LuxeFeb 2026
Nykaawon nikeJan 2026
Phoenix Marketcitywon ikea indiaOct 2025
Future Groupwon reliance industriesAug 2025
Tata Digital~50% of workforce reported · cost reductionNov 2025
Reliance Retail~15% of workforce reported · cost reductionAug 2025
Hamleys~34 roles reported · inflationary pressuresJul 2025
ArisInfraMar 2026
ArisInfraAmalgamation scheduled for April 1, 2026Mar 2026
ArisInfraapproved for amalgamation — NCLT, SEBI, stock exchanges, shareholders, creditorsMar 2026
Future GroupAwaiting regulatory approvalFeb 2026
- lotus herbals v 82°e, DPKA Universal Consumer VenturesTrademark infringement · OngoingFeb 2026
- N G Joshi v reliance retailshare capital reduction challenge · DismissedSep 2025
Half of these companies grew revenue faster than +17.8%, half slower.
Who is building Retail in Mumbai
The data cover 2,145 founders and CEOs across 1,565 firms, noting their most common schools and prior employers.
Ex-Gravitas · Indian Institute of Technology, Bombay BTech 2012
Medikabazaar, ex-Amra Renal Care Limited Jv For Tertiary Care Clinics, ex-Db Lifesciences And Db Healthcare…
Ex-Co-Founder Holachef Hospitality & Sodel Solutions, Maruti Suzuki India. IIT Bombay BTech 2004
Ex-Founder The Service Solutions, Nokia, Tata Docomo Business Services · Mangalore University BE 1998, University of Mumbai MBA 2007
Atomberg Technologies · Ex-Aasaanjobs, 24X7STYLES · Indian Institute of Technology, Bombay BTech 2012
Ex-Bain · Yale University BA 2012, Harvard Business School MBA 2017
CEO-JSW One Platforms, JSW Ventures · Indian School of Business MBA 2004
Ex-Qualtech Consultants, Standard Chartered Bank. Indian Institute of Technology, Kanpur BTech 2001, Indian Institute of Management, Lucknow PGDM 2009
Ex-Deutsche Bank · IIT Bombay BTech, MTech 2012
- flagged as repeat founders29
- no repeat-founder flag1,829
Look up the people behind Retail companies in Mumbai
Search founders, executives and operators by company, role and location.
Who funds Retail in Mumbai
Since 2016 there have been 847 funding rounds from 3,794 investors, with a typical round size of $708 k.
| Investor · most active investors since 2016 | Rounds | Led | Latest |
|---|---|---|---|
| Venture Catalysts | 27 | 12 | May 2025 |
| Angel List | 24 | 8 | Mar 2025 |
| Blume Venture | 24 | 8 | Sep 2025 |
| Trifecta Capital | 19 | 7 | Apr 2025 |
| Kae Capital | 19 | 6 | May 2025 |
| Wellfound | 18 | 5 | Jan 2023 |
| Stride Ventures | 18 | 5 | Feb 2026 |
| LetsVenture | 16 | 5 | Feb 2024 |
| Fireside Ventures | 13 | 9 | Oct 2025 |
| Peak XV Partners | 13 | 7 | Feb 2026 |
The typical round is $708k — half were bigger, half smaller.
The biggest Retail funding rounds in Mumbai
The largest disclosed round is Purplle’s $180 M Series F, and ten other large rounds are listed.
| Company | Round | Size | When | Backers |
|---|---|---|---|---|
| Series F | $180M | Jun 2024 | Premji Invest, Blume Venture, Sharrp Ventures +1 more | |
| Series B | $115M | May 2025 | General Atlantic, Prudent Investment Managers, Kae Capital +59 more | |
| Series D | $110.8M | Nov 2021 | Tiger Global Management, IFC, Schroders +11 more | |
| Series D | $100M | Jul 2015 | Zodius, Bertelsmann India Investments, Goldman Sachs Investment Partners +1 more | |
| Series B | $100M | Aug 2017 | Ali Cloud Investment | |
| Series D | $85.8M | Nov 2021 | Blume Venture, Premji Invest, Tekkethalakal Kurien Kurien +12 more | |
| Series E | $75M | Oct 2022 | Blume Venture, Kedaara, Peak XV Partners | |
| Series D | $75M | Oct 2021 | Kedaara, Blume Venture, Peak XV Partners | |
| Series C | $66.1M | Sep 2021 | HealthQuad, Ackermans & van Haaren, Rebright Partners +8 more | |
| Series D | $65M | Apr 2022 | HealthQuad, Ackermans & van Haaren, KOIS +5 more |
242 venture rounds with a disclosed amount in the window.
Seed$1MMay 2026
Series B$2.1MApr 2026
Series AundisclosedApr 2026
Series A$10.5MMar 2026
Series B$7.5MMar 2026
Series A$6MMar 2026
Venture Debt$2MMar 2026
Seed$760kMar 2026
What the news says about Retail in Mumbai
In the last year, 127,080 news articles mentioned the sector, focusing on topics such as geopolitical disputes and trade‑related issues.
What the coverage is about
The subjects that dominate Retail news in India. The arrow shows whether each one is being written about more or less than a year ago.
- Geopolitical disputes and contested areas300,779▲+33%
- International and transnational geographic entities300,760▲+33%
- Administrative and political subdivisions300,704▲+33%
- International sports competitions111,147→+1%
- International political relations73,341▲+50%
- New product launches and innovations59,726▲+29%
- Cricket test matches55,428▲+14%
- Political party dynamics54,720→+2%
- Strategic partnerships and collaborations51,469▲+35%
- Trade policies and agreements46,872▲+95%
- 1,301
- 1,296
- 774
- 523
- 413
- 385
- 289
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95 Retail companies here were named in the news over this period.
Watch Retail coverage in India as it happens
Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.
Momentum
The words getting louder — and quieter
Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.
The pressures the press keeps returning to
Three recurring angles in India Retail coverage, and whether each is getting more attention year on year (through 2025).
Retail jobs in Mumbai: who is hiring and what they ask for
There were 856 job postings from 198 employers in the past 12 months, with median advertised pay of $8 k per year and skills like inventory management and SQL.
Demand
The Skills Employers Ask For
What Retail employers in Mumbai put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.
- inventory management101▲
- excel91▲
- communication skills82▲
- customer service67▲
- sql66▲
- communication65▲
- python65▲
- data analysis59▲
- sales51▲
- javascript46▲
- Manager$8k/yr (n=71)
- 14
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- 7
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22 internships were advertised in the last 12 months, across 12 of these companies.
Track Retail in Mumbai beyond this page
Radar finds and filters the companies. Prism watches what is being said about them.
Direct contact details for the people on this page are held in Fliar Radar, behind its own access controls.