About Frocery
Frocery is a Retail company based in Mumbai (India) founded in 2018 by Ajinkya Nalawade and Rahul Sharma. It operates an online platform for purchasing grocery products. It operates on a B2C model. Its Indian entity Frocery Innovative Retail Private Limited reported revenue of ₹43.4 Lakh. Its focus areas include E-commerce, Online Grocery and Food Retail. Similar companies include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed similar companies have raised funding.
Company details
Frocery operates an online platform for purchasing grocery products through engaging in retail operations, operating online marketplaces, online grocery, and food retail. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Ajinkya Nalawade, Rahul Sharma
- SectorsRetail
- Website frocery.com
- Social X Facebook
- Legal Name Frocery Innovative Retail Private Limited
- Date of Incorporation 24 May, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹43.4 Lakh
FY 2024 · +235% YoY
- Net Profit₹39,995
FY 2024 · 1% margin
- EBITDA₹1.7 Lakh
FY 2024 · 4% margin
Associated legal entities of Frocery
Frocery operates through Frocery Innovative Retail Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Frocery Innovative Retail Private Limited CIN U52609MH2018PTC309907 | Active | 24 May 2018 | Mumbai, Maharashtra | ₹0.4 Cr | 2 | View details |
Board of directors of Frocery Innovative Retail Private Limited (Frocery)
Frocery Innovative Retail Private Limited is the primary company behind Frocery. The board of Frocery Innovative Retail Private Limited currently have 2 directors; the longest-serving is Rahul Hariprasad Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Hariprasad Sharma DIN 08142333 | Director | 24 May 2018 | 8 yrs 5 mo | Frocery Innovative Retail Private Limited |
| Ajinkya Suresh Nalawade DIN 07244013 | Director | 24 May 2018 | 8 yrs 5 mo | Frocery Innovative Retail Private Limited |
People of Frocery
2 people are tracked at Frocery (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Frocery
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Verified entity values are shown only after access is granted.
Financials of Frocery
Figures of Frocery Innovative Retail Private Limited, the primary company behind Frocery, for FY 2024. Revenue was ₹43.4 Lakh (+235% year on year). Net profit was ₹39,995 (1% margin). EBITDA was ₹1.7 Lakh (4% margin). Revenue has grown at a compounded annual rate of +283% over three years and +52% over five years.
- ₹43.4 LakhRevenue · FY 2024 · +235% YoY
- ₹39,995Net profit · 1% margin
- ₹1.7 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- +283%Revenue CAGR, 3 years
- +52%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Frocery Innovative Retail Private Limited are on its company page.
Detailed financial statements for Frocery
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Frocery
Frocery has 3 listed similar companies in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed similar companies of Frocery
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Frocery (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Frequently Asked Questions about Frocery
Frocery was founded in 2018.
Frocery is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Frocery, Frocery Innovative Retail Private Limited, reported revenue of ₹43.4 Lakh for FY 2024, up 235% year on year.
Frocery operates an online platform for purchasing grocery products through engaging in retail operations, operating online marketplaces, online grocery, and food retail. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Frocery operates through Frocery Innovative Retail Private Limited.
The legal entities of Frocery currently have 2 directors, including Rahul Hariprasad Sharma, Ajinkya Suresh Nalawade.