Industry landscapes
Industry report

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 INDIA EDITION 2026

India’s
retail technology industry,
in focus.

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

Snapshot: Funding in USD
Illustrated cover for Retail Technology Industry Landscape of India
IN
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Retail Technology illustration
MEET THE COMPANIES

Explore India’s retail technology leaders

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

Expand panel +
Retail Technology company highlights in India, snapshot 2 September 2026
Company
Khatabookkhatabook.com$186.62M5 roles199
Innovitiinnoviti.com$171.1M204$14.93MFYFY2025 filing
Manthanmanthan.com$169.85M391
OkCreditokcredit.in$84.87M68
Ezetapezetap.com$66.4M505
Reverse Logisticsreverselogistics.in$55.48M18
Oxigenmyoxigen.com$50.18M66$2.89MFYFY2025 filing
Ace turtleaceturtle.com$48.28M4Financial figure available in RadarView in Radar
Channelplaychannelplay.in6 roles1,191Financial figure available in RadarView in Radar
EffiaSofteffiasoft.com6 roles187$2.8MFYFY2025 filing
Infilectinfilect.com5 roles78
Locofastlocofast.com5 roles70Financial figure available in RadarView in Radar
Haptikhaptik.ai4 roles229
Logic ERPlogicerp.com4 roles156$3.14MFYFY2025 filing
Tatvictatvic.com4 roles227Financial figure available in RadarView in Radar
BeatRoutebeatroute.io71
CABTcabtechnologies.com129Financial figure available in RadarView in Radar
ClicFlyerclicflyer.com
Daalchinidaalchini.co.in55
DataWeavedataweave.com257
Evoluteevolute.in287$4.1MFYFY2025 filing
Fyndfynd.com919$20.91MFYFY2025 filing
GobbleCubegobblecube.ai
Increffincreff.com207Financial figure available in RadarView in Radar
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 Technology industry KPIs in India

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

2 September 2026
Hiring participation10.5%

61 of 583 tracked companies have open roles.

Funding participation20.2%

118 of 583 tracked companies have a recorded round.

Top 3 funding share46.3%

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

Median disclosed round$300K

Midpoint of 291 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 46.3% of disclosed capital, while 79.8% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How India retail technology 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

India retail technology
$0$56.39M$112.77M$169.16M$225.54M2016: $33.96M20162017: $59.77M20172018: $23.46M20182019: $151.22M20192020: $86.55M20202021: $197.85M20212022: $117.07M20222023: $51.47M20232024: $24.9M20242025: $18.8M2025
View the numbers
Annual retail technology funding and company formation in India
YearFunding (USD)FoundedRaising
2016$33.96M5021
2017$59.77M4617
2018$23.46M4628
2019$151.22M5533
2020$86.55M3530
2021$197.85M3133
2022$117.07M2829
2023$51.47M4429
2024$24.9M2718
2025$18.8M127
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Khatabook16.4%
  • Innoviti15.0%
  • Manthan14.9%
  • Other companies53.7%

Funding by stage

331 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel247 74.6%
Series A–B45 13.6%
Series C+ / PE16 4.8%
Grants, debt & other23 6.9%

Recent recorded rounds

Latest recorded rounds · USD
2 rounds

Swipe or scroll horizontally to browse.

Series A04/2026
GobbleCube $15M

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

Seed03/2026
Constems-AI $2M

Backed by Finvolve and Inflection Point Ventures and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

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 · 174 reporting entities from 258 eligible matches.

Revenue in covered accounts₹3,969.7 crore

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

Net profit / loss₹-481.7 crore

Combined result for the same cohort.

Aggregate net margin-12.1%

Combined net income ÷ combined revenue.

Median company revenue₹1.6 crore

The middle covered reporting entity.

Profitable entities+47.7%

83 of 174 covered entities.

Top-five concentration+49.3%

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 · 174 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.

174 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
INDIA · INDUSTRY COHORTS

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

Busiest websites

6 of the 583 companies on this page carry a measured traffic record (1%); these are the largest of those, by monthly visits. The median among them is 310,928 visits.

CompanyMonthly visitsAuthorityMobile
Khatabookkhatabook.com1,851,5144787.3%
Feedifyfeedify.net763,5572497.8%
Ezetapezetap.com435,7323194.7%
Fyndfynd.com186,1253668.6%
ClicFlyerclicflyer.com166,6893443.1%
Solver Solutionsolversolution.in5,4051088.4%

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

Most-installed apps

125 of these companies (21.4%) publish at least one Android app — 486 apps in all, carrying 110.2M installs between them.

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 (2024Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
In Store Retail Tech410107.8MKhatabook Credit Account Book 96.2M
Finance & Accounting Tech796.2MMEP STUDY 1.1K
Brands Tech728.9MClicFlyer-Weekly Deals, Coupon 5.5M
Big Data Analytics95.5MInfiViz Shots 16K
Vertical Business Intelligence65.5MInfiviz Shots - UAT 420
E-Commerce Enablers773.4MBadho: B2B App For Retailers 1.7M
B2B E-Commerce442.7MCoke Buddy for HCCB 788.3K
Payments322.4MPay1 Merchant 1.3M

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: 92023Q2: 532023Q22023Q3: 32023Q3: 122023Q32023Q4: 72023Q4: 152023Q42024Q1: 102024Q1: 92024Q12024Q2: 102024Q2: 92024Q22024Q3: 132024Q3: 152024Q32024Q4: 122024Q4: 142024Q42025Q1: 102025Q1: 212025Q12025Q2: 92025Q2: 202025Q22025Q3: 182025Q3: 452025Q32025Q4: 152025Q4: 412025Q42026Q1: 162026Q1: 592026Q1

Darker bars are new releases, lighter bars apps updated. 292 of 486 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The India retail technology market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Retail tech578
Enterprise tech542
Commerce enablers521
Enterprise software415
Saas290
Retail saas164
Consumer digital77
Deep tech75
E-commerce saas75
Food tech66
Fintech61
Artificial intelligence52

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

SEGMENT TO EXPLORE

Retail tech

The largest measured segment in this report snapshot.

578companies
10.4%have hiring activity

60 companies hiring · $1.14B disclosed funding

Explore in Radar

How companies make money

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

Subscription477
E-commerce - product86
E-commerce - service77
Commission on transaction56
Physical commerce43
Fee-for-service31
Advertising23
Licensing3
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
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 & acquisitionseffiasoft.com ↗

MariApps Marine Solutions, a global leader in maritime digital solutions and a member of the Schulte Group, has announced it has acquired 100% ownership of Hyderabad-based software company, EffiaSoft Private Limited.

Funding roundsinnoviti.com ↗

Another notable deal came from fintech startup Innoviti, which secured $11.4 million in funding from investors including Bessemer Venture Partners, along with several angel investors and family offices.

Mergers & acquisitionsreverselogistics.in ↗

Mutares has successfully completed the sale of its majority stake in LiBCycle, an inTime Group company, to Reverse Logistics Group (“RLG”).

Funding roundsaceturtle.com ↗

Other startups such as WorkIndia, Oben Electric, Tagbin, Virohan and Ace Turtle also raised funds during the week.

Funding roundsinsightai.io ↗

New Delhi-based Artificial Intelligence (AI)-Native Anti-Money Laundering (AML) investigation startup InsightAI has raised 1.1 crore in pre-seed funding led by prominent accelerator and startup ecosystem enabler PedalStart and prominent angels.

Mergers & acquisitionsintelligencenode.com ↗

IPG completed two deals: the acquisition of U.S.-based real-time e-commerce intelligence platform Intelligence Node and a smaller acquisition in the Philippines, Xiklab Digital, a digital marketing consultancy.

Funding roundswendor.in ↗

Wendor, a provider of smart vending solutions, has announced a fundraise of USD 2.5 million from Elanpro, one of the market leaders in commercial refrigeration equipment.

Funding roundsyatrikart.com ↗

YatriKart, India’s fastest-growing ‘Retail-on-the-Go’ convenience ecosystem, has announced a strategic investment from MMG Group, the Indian partner of global giants McDonald’s and Coca-Cola.

Earningsdaalchini.co.in ↗

Retail tech startup Daalchini's operating revenue for the fiscal year FY26 doubled to ₹140 Cr from ₹70 Cr in FY25, cofounder and CEO Prerna Kalra told Inc42.

Full recorded event mix

Top 10 categories among 108 recorded events in the 24-month window.

Funding rounds
29
Leadership moves
19
Mergers & acquisitions
19
Company announcements
16
Earnings
9
New products
8
Capital infusions
2
IPO activity
2
Contracts
2
Incorporation
1
5 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

2 companies with recorded IPO activity

CABT ↗

IPO1 reports

Innoviti ↗

IPO1 reports

Leadership moves

4 tracked people moves

Haptik ↗
Aakrit Vaish

Departure Previously Co‑founder of Haptik

Innoviti ↗
Sandeep Mina

Appointment Chief Business Officer – Retail

Ace turtle ↗
Alok Dubey

Appointment Chief Business Officer

Fynd ↗
Harsh Kumar

Appointment Associate Director – Growth for Global Business

Product launches

Products, platforms and features in the recorded window

Haptik ↗
WhatsApp AI Agents

Feature

Haptik ↗
Interakt

CRM, marketing, and support automation platform

Contract wins

1 recorded customer wins

Ace turtle ↗

Customer: whp globalFashion

Workforce actions

1 companies with reported reductions

OkCredit ↗

70 rolescost reduction

Mergers and acquisitions

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

Acquirer → targetStatusDateValue / context
MariApps Marine SolutionsEffiaSoft ↗Announced2026-04-08Not stated in snapshot
Zaggle Prepaid Ocean ServicesEffiaSoft ↗Terminated2026-04-03Not stated in snapshot
Reverse LogisticslibcycleCompleted2026-01-15Not stated in snapshot
Reliance Jio Digital ServicesHaptik ↗Announced2025-08-11Not stated in snapshot
lenskartTango Eye ↗2025-07-21Not stated in snapshot
ipgIntelligence Node ↗2025-04-24Not stated in snapshot

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

PEOPLE & OPPORTUNITY

The talent market

275 postings in the preceding 12 months. The full 436-posting snapshot covers 66 employers.

Expand panel +

Most advertised job titles

Territory Manager32
Sales Executive24
Program Manager7
Sales Specialist5
Sales Manager Tns5
Corporate Sales Specialist4
2 internship postings

1 tracked postings mention remote work.

The seniority mix

206 postings specify a level.

unspecified
230
manager
114
lead
38
senior
38
intern
9
entry
7

Skills employers mention

Top skills across 436 tracked postings in the available jobs snapshot.

Sql
41
Python
41
Sales
32
Java
26
Javascript
26
Territory
23
Consumer Research
21
Strategies
21
Analyzing
21
Loyalty
21
ADVERTISED PAY$2.4K/ year

Median across 129 postings with pay data, expressed in USD.

Salary by seniority

manager$2.4K/ year46 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

591 founders and chief executives across 370 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

114 profiles with education records.

IIT Bombay
16
IIT Delhi
16
IIT Kanpur
13
BITS Pilani
9
IIM Ahmedabad
7
IIT Kharagpur
7
IIT Madras
6
University of Delhi
4

Prior employers

25 profiles with prior-work records.

Intel
5
Amazon
5
Microsoft
4
Myntra
3
Google
2
Boston Consulting Group
2
Flipkart
2
McKinsey
2

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

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — India

Compare demand signals in India’s newsflow with the retail technology categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-05-01 to 2026-05-01Against 2024-05-01 to 2025-05-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

11 India demand signals compared with mapped retail technology supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Highways & expressways ↗Connectivity Build-Out55.00.0+55.0+22.4%
Industrial parks & warehousing ↗Investment Build-Out20.050.0-30.0+54.2%
E-commerce & quick delivery ↗Channel Shift0.050.0-50.0-5.9%
Consumer grievances & trust ↗Trust Friction45.0100.0-55.0+67.8%
Housing & urban expansion ↗Demand Driver85.0No matching category+130.8%
Rail & metro connectivity ↗Connectivity Build-Out85.0No matching category+86.9%
Airports & air links ↗Connectivity Build-Out45.0No matching category+62.9%
Congestion & traffic friction ↗Access Friction40.0No matching category+56.9%
Inflation & spending pressure ↗Spending Pressure55.0No matching category+28.9%
Tourism footfall ↗Demand Driver55.0No matching category+62.6%
Layoffs & income shocks ↗Spending Pressure65.0No matching category+77.0%

Showing all 11 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 12 city readings for these demand families in the comparison geography. India is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage.

Uttar Pradesh253.9

Highways & expressways · Rail & metro connectivity · Congestion & traffic friction

Himachal Pradesh241.0

Highways & expressways · Tourism footfall · Congestion & traffic friction

Maharashtra231.1

Highways & expressways · Housing & urban expansion · Inflation & spending pressure

Karnataka207.9

Highways & expressways · Housing & urban expansion · Rail & metro connectivity

Manipur205.2

Highways & expressways · Tourism footfall · Layoffs & income shocks

Haryana204.8

Highways & expressways · Congestion & traffic friction · Rail & metro connectivity

Jammu And Kashmir195.7

Highways & expressways · Rail & metro connectivity · Tourism footfall

Uttarakhand190.5

Highways & expressways · Tourism footfall · Congestion & traffic friction

Delhi182.7

Highways & expressways · Rail & metro connectivity · Congestion & traffic friction

Kerala158.9

Highways & expressways · Tourism footfall · Rail & metro connectivity

Tamil Nadu158.7

Highways & expressways · Housing & urban expansion · Rail & metro connectivity

Telangana155.9

Highways & expressways · Congestion & traffic friction · Housing & urban expansion

Inside the leading signals

Open any signal for its quarterly history
CONNECTIVITY BUILD-OUTHighways & expressways+55.0percentile-point gap
THE OPERATING HYPOTHESIS

Corridor build-out can collapse travel time, widening every catchment.

53.0mentions per 10,000 articles+22.4%share change vs prior year

Mapped retail technology categories

  • Commerce Enablers521

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

0163249652024Q3: 502024Q32024Q4: 422024Q42025Q1: 432025Q12025Q2: 402025Q22025Q3: 562025Q32025Q4: 442025Q42026Q1: 532026Q1
View quarterly signal counts
Highways & expressways in India coverage
QuarterMentionsPer 10,000 articles
2024Q3259050.72
2024Q4216142.67
2025Q1205443.77
2025Q2152340.39
2025Q3272656.52
2025Q4164544.23
2026Q1254353.89

Where this signal concentrates in the comparison geography

Himachal Pradesh172.4 / 10,000
Manipur153.9 / 10,000
Uttar Pradesh134.8 / 10,000
INVESTMENT BUILD-OUTIndustrial parks & warehousing-30.0percentile-point gap
THE OPERATING HYPOTHESIS

Parks and warehousing can add the jobs and fulfilment capacity that reach depends on.

4.56mentions per 10,000 articles+54.2%share change vs prior year

Mapped retail technology categories

  • Commerce Enablers521
  • E-Commerce Saas75

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

013452024Q3: 32024Q32024Q4: 22024Q42025Q1: 32025Q12025Q2: 42025Q22025Q3: 42025Q32025Q4: 42025Q42026Q1: 42026Q1
View quarterly signal counts
Industrial parks & warehousing in India coverage
QuarterMentionsPer 10,000 articles
2024Q31703.33
2024Q41422.8
2025Q11583.37
2025Q21684.45
2025Q32214.58
2025Q41754.71
2026Q11904.03

Where this signal concentrates in the comparison geography

Andhra Pradesh16.2 / 10,000
Uttar Pradesh9.1 / 10,000
Kerala9.0 / 10,000
CHANNEL SHIFTE-commerce & quick delivery-50.0percentile-point gap
THE OPERATING HYPOTHESIS

Online and quick-commerce adoption can migrate spend across channels faster than networks adapt.

3.28mentions per 10,000 articles-5.9%share change vs prior year

Mapped retail technology categories

  • Commerce Enablers521
  • E-Commerce Saas75

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

012452024Q3: 22024Q32024Q4: 42024Q42025Q1: 42025Q12025Q2: 32025Q22025Q3: 32025Q32025Q4: 22025Q42026Q1: 22026Q1
View quarterly signal counts
E-commerce & quick delivery in India coverage
QuarterMentionsPer 10,000 articles
2024Q31442.82
2024Q42114.17
2025Q11924.09
2025Q21253.31
2025Q31653.42
2025Q41042.8
2026Q11142.42

Where this signal concentrates in the comparison geography

Karnataka7.9 / 10,000
Uttarakhand5.4 / 10,000
Delhi5.2 / 10,000
TRUST FRICTIONConsumer grievances & trust-55.0percentile-point gap
THE OPERATING HYPOTHESIS

Trust friction can reward whoever fixes service, complaints and fraud handling.

5.91mentions per 10,000 articles+67.8%share change vs prior year

Mapped retail technology categories

  • Retail Tech578
  • Commerce Enablers521
  • Retail Saas164
  • Consumer Digital77

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

024672024Q3: 22024Q32024Q4: 42024Q42025Q1: 42025Q12025Q2: 42025Q22025Q3: 62025Q32025Q4: 62025Q42026Q1: 52026Q1
View quarterly signal counts
Consumer grievances & trust in India coverage
QuarterMentionsPer 10,000 articles
2024Q31142.23
2024Q42234.4
2025Q12294.88
2025Q21534.06
2025Q32916.03
2025Q42416.48
2026Q12675.66

Where this signal concentrates in the comparison geography

Karnataka9.7 / 10,000
DEMAND DRIVERHousing & urban expansionsupply not mapped
THE OPERATING HYPOTHESIS

New residential catchments can pull everyday demand with them.

13.88mentions per 10,000 articles+130.8%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

071320262024Q3: 42024Q32024Q4: 52024Q42025Q1: 62025Q12025Q2: 72025Q22025Q3: 82025Q32025Q4: 92025Q42026Q1: 222026Q1
View quarterly signal counts
Housing & urban expansion in India coverage
QuarterMentionsPer 10,000 articles
2024Q32554.99
2024Q42875.67
2025Q13276.97
2025Q22747.27
2025Q34298.9
2025Q43599.65
2026Q1108422.97

Where this signal concentrates in the comparison geography

Maharashtra43.1 / 10,000
Tamil Nadu30.6 / 10,000
Karnataka29.0 / 10,000
CONNECTIVITY BUILD-OUTRail & metro connectivitysupply not mapped
THE OPERATING HYPOTHESIS

Where rail and metro build out, station-area demand can follow the footfall.

19.85mentions per 10,000 articles+86.9%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

071320262024Q3: 102024Q32024Q4: 112024Q42025Q1: 112025Q12025Q2: 142025Q22025Q3: 162025Q32025Q4: 162025Q42026Q1: 222026Q1
View quarterly signal counts
Rail & metro connectivity in India coverage
QuarterMentionsPer 10,000 articles
2024Q352110.2
2024Q456311.12
2025Q153611.42
2025Q256414.96
2025Q379616.51
2025Q462616.83
2026Q1107222.72

Where this signal concentrates in the comparison geography

Gujarat37.1 / 10,000
Jammu And Kashmir35.2 / 10,000
Maharashtra35.1 / 10,000
CONNECTIVITY BUILD-OUTAirports & air linkssupply not mapped
THE OPERATING HYPOTHESIS

If new terminals and routes pull business and tourist inflow, demand tends to follow the passenger.

6.79mentions per 10,000 articles+62.9%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

0358112024Q3: 32024Q32024Q4: 32024Q42025Q1: 52025Q12025Q2: 52025Q22025Q3: 62025Q32025Q4: 92025Q42026Q1: 62026Q1
View quarterly signal counts
Airports & air links in India coverage
QuarterMentionsPer 10,000 articles
2024Q31823.56
2024Q41943.83
2025Q12705.75
2025Q22265.99
2025Q32946.1
2025Q43529.46
2026Q13046.44

Where this signal concentrates in the comparison geography

Maharashtra15.4 / 10,000
Uttar Pradesh14.4 / 10,000
Delhi14.2 / 10,000
ACCESS FRICTIONCongestion & traffic frictionsupply not mapped
THE OPERATING HYPOTHESIS

Congestion friction can push footfall toward nearby formats and toward delivery.

11.15mentions per 10,000 articles+56.9%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04711142024Q3: 82024Q32024Q4: 72024Q42025Q1: 72025Q12025Q2: 72025Q22025Q3: 122025Q32025Q4: 122025Q42026Q1: 92026Q1
View quarterly signal counts
Congestion & traffic friction in India coverage
QuarterMentionsPer 10,000 articles
2024Q34218.24
2024Q43707.31
2025Q13397.22
2025Q22757.29
2025Q360612.57
2025Q445012.1
2026Q14329.16

Where this signal concentrates in the comparison geography

Haryana24.8 / 10,000
Telangana23.3 / 10,000
Uttar Pradesh21.6 / 10,000
SPENDING PRESSUREInflation & spending pressuresupply not mapped
THE OPERATING HYPOTHESIS

Sustained price pressure can shift spending toward value formats.

20.73mentions per 10,000 articles+28.9%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

081725342024Q3: 122024Q32024Q4: 182024Q42025Q1: 152025Q12025Q2: 212025Q22025Q3: 292025Q32025Q4: 152025Q42026Q1: 152026Q1
View quarterly signal counts
Inflation & spending pressure in India coverage
QuarterMentionsPer 10,000 articles
2024Q362612.26
2024Q494118.58
2025Q174915.96
2025Q281421.58
2025Q3141129.26
2025Q459215.92
2026Q173615.6

Where this signal concentrates in the comparison geography

Maharashtra35.3 / 10,000
Kashmir13.8 / 10,000
Kerala8.8 / 10,000
DEMAND DRIVERTourism footfallsupply not mapped
THE OPERATING HYPOTHESIS

Visitor flows can convert into discretionary spend where they land.

12.34mentions per 10,000 articles+62.6%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04812172024Q3: 62024Q32024Q4: 72024Q42025Q1: 82025Q12025Q2: 102025Q22025Q3: 132025Q32025Q4: 142025Q42026Q1: 92026Q1
View quarterly signal counts
Tourism footfall in India coverage
QuarterMentionsPer 10,000 articles
2024Q33336.52
2024Q43767.42
2025Q14128.78
2025Q239610.5
2025Q364913.46
2025Q453514.39
2026Q14449.41

Where this signal concentrates in the comparison geography

Meghalaya44.6 / 10,000
Ladakh39.7 / 10,000
Kerala31.8 / 10,000
SPENDING PRESSURELayoffs & income shockssupply not mapped
THE OPERATING HYPOTHESIS

Layoff cycles can pull discretionary spend back toward value offerings.

11.25mentions per 10,000 articles+77.0%share change vs prior year

Mapped retail technology categories

This signal has no matching category in the page’s retail technology market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04711142024Q3: 72024Q32024Q4: 42024Q42025Q1: 62025Q12025Q2: 92025Q22025Q3: 122025Q32025Q4: 102025Q42026Q1: 82026Q1
View quarterly signal counts
Layoffs & income shocks in India coverage
QuarterMentionsPer 10,000 articles
2024Q33727.29
2024Q42294.52
2025Q13246.91
2025Q23479.2
2025Q359112.25
2025Q438710.41
2026Q14238.96

Where this signal concentrates in the comparison geography

Karnataka21.4 / 10,000
Maharashtra11.3 / 10,000
RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

India retail technology coverage

Expand panel +
RESEARCH CONTEXT · 2019

A study on investments in the big data-driven supply chain, performance measures and organisational performance in Indian retail 4.0 context

International Journal of Production Research

190 citations in the snapshot

RESEARCH CONTEXT · 2017

Understanding consumer behavior regarding luxury fashion goods in India based on the theory of planned behavior

Journal of Asia Business Studies

167 citations in the snapshot

RESEARCH CONTEXT · 2018

The role of perceived benefits in formation of online shopping attitude among women shoppers in India

South Asian Journal of Business Studies

105 citations in the snapshot

RESEARCH CONTEXT · 2020

Social Media Activities and Its Influence on Customer-Brand Relationship: An Empirical Study of Apparel Retailers’ Activity in India

Journal of theoretical and applied electronic commerce research

95 citations in the snapshot

What is growing in this coverage

India coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
ecological literacy7427206.9%
member-supported agriculture7128184.0%
environmental training7129174.2%
train discount schemes6529151.0%
ecosystem services6529151.0%
bus ticket portals8742132.0%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
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UNDERSTAND THE LANDSCAPE

Retail Technology in India: 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.

Company ecosystem snapshot: 2 September 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