
Apna Mart
The future of retail is here!.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
* | N/A | $12.5m | Debt |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Apna Mart is a retail chain specializing in grocery and FMCG products, primarily targeting tier II and III cities in India. The company, founded in 2022 and based in Bengaluru, has adopted a franchise-led business model. This approach allows for rapid expansion and reduced overhead costs compared to the dark store model commonly used in the quick commerce sector.
The company's core service is the delivery of groceries and other fast-moving consumer goods, with a promise of delivery within a short timeframe, often cited as 15 minutes. Apna Mart operates through a network of local offline convenience stores, which it either owns or franchises, to fulfill customer orders. This creates an omnichannel experience, integrating both online and offline shopping for consumers.
By leveraging its franchise network, Apna Mart can efficiently manage its supply chain and last-mile delivery operations. The business generates revenue through the sale of products in its stores and via its delivery platform. The franchise model also provides a revenue stream through franchise fees and ongoing operational agreements.
Keywords: grocery delivery, FMCG, franchise model, quick commerce, tier II cities, tier III cities, omnichannel retail, convenience stores, last-mile delivery, retail chain