Apna Mart

Apna Mart

Private
Bangalore, KarnatakaConsumer & Commercehttps://www.apnamart.in

Last Round

Series B

Mar 24, 2025

Est. Valuation

$87M

Total Funding Raised

$37.52M

Momentum Score

75 /100

Company Overview

Apna Mart is an operator of an omnichannel grocery and Fast-Moving Consumer Goods (FMCG) retail chain in India, primarily focusing on Tier-II and Tier-III cities. Founded in 2021 by Abhishek Singh and Chetan Garg, the company employs an asset-light, franchise-driven model to establish a network of neighborhood supermarkets. In addition to its physical stores, Apna Mart offers an online platform and app that guarantees grocery and FMCG deliveries within 15 minutes. The company aims to provide competitive pricing, a wide assortment of products, and a consistent customer experience, positioning itself as a modern alternative to traditional mom-and-pop stores. As of March 2025, the company has raised approximately $38-40 million from investors including Fundamentum, Accel, and Peak XV Partners.

Sector

Consumer & Commerce

Verticals

E-commerce, Last-Mile Delivery, Food Delivery, Retail Technology, Mobile Commerce

Business Model

B2B2C

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

quick commerceq-commercegrocery deliveryfranchise modelomnichannel retail15-minute deliveryFMCG deliveryhyperlocal deliveryB2B2C modelasset-light modelTier 2/3 retailkirana techonline groceryfranchise-led retailfulfillment hubs

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Caplight Momentum Score

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Apna Mart Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Apna Mart Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BMar 24, 2025
Series AMay 26, 2023
SeedMar 15, 2022

Key People

Founding team and executive leadership

Chetan Garg

Co-Founder COO

Founding Team

Abhishek Singh

Co-Founder CEO

Founding Team

Umesh Ahuja

Head-Online Ops State CEO

Executive Team

Apna Mart Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 14, 2025

    Operates over 180 stores nationwide.

  • Dec 14, 2025

    Launching new product unit for non-grocery commerce categories.

Apna Mart Filings

SEC and related filings with document metadata.

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Apna Mart Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBangalore, Karnataka
Employee Range656
Year Founded2021
Last FundingMar 24, 2025

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