About Future Group
Future Group is a company based in Mumbai (India) founded in 1997 by Kishore Biyani.. Future Group has raised $3.41 billion across 3 funding rounds from investors including Generali and Reliance Industries. The company has 32 employees as of May 31, 2023. Future Group has completed 4 acquisitions, including Amar Chitra Katha, Chaupaati and FabFurnish.
- Headquarter Mumbai, India
- Employees 32 as on 31 May, 2023
- Founders Kishore Biyani
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$280.87 K (USD)-96as on Mar 31, 2023
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Net Profit
$-17.34 M (USD)-50as on Mar 31, 2023
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EBITDA
$-708.75 K (USD)-118as on Mar 31, 2023
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Total Equity Funding
$3.41 B (USD)
in 3 rounds
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Latest Funding Round
$3.38 B (USD), Private Equity Round
Aug 30, 2020
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Investors
Generali
& 1 more
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Employee Count
32
as on May 31, 2023
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Investments & Acquisitions
Amar Chitra Katha
& 3 more
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Funding Insights of Future Group
Future Group has successfully raised a total of $3.41B across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $3.38 billion completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Private Equity Round — $3.4B
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First Round
First Round
(29 Sep 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Private Equity Round - Future Group | Valuation | Reliance Industries |
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| Mar, 2017 | Amount | Series B - Future Group | Valuation | Generali |
|
| Sep, 2009 | Amount | Series A - Future Group | Valuation | Generali |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Future Group
Future Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Generali and Reliance Industries. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified insurance and asset management services are offered globally.
|
Founded Year | Domain | Location | |
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Future Group
Future Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Amar Chitra Katha, Chaupaati and FabFurnish. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online grocery store
|
2015 | ||||
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Online/Offline Furniture Shopping
|
2012 | ||||
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Manufacturer and distributor of branded products
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Future Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Future Group Comparisons
Competitors of Future Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Future Group
Frequently Asked Questions about Future Group
When was Future Group founded?
Future Group was founded in 1997 and raised its 1st funding round 12 years after it was founded.
Where is Future Group located?
Future Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Future Group?
Kishore Biyani is the current CEO of Future Group. They have also founded this company.
Is Future Group a funded company?
Future Group is a funded company, having raised a total of $3.41B across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.54M, raised on Sep 29, 2009.
How many employees does Future Group have?
As of May 31, 2023, the latest employee count at Future Group is 32.
What is the annual revenue of Future Group?
Annual revenue of Future Group is $280.87K as on Mar 31, 2023.
What does Future Group do?
The company was founded in 1997 and is headquartered in Mumbai, India. Operations are focused on the retail sector, with hypermarkets managed by Future Retail Limited, lifestyle fashion handled by Future Lifestyle Fashion Limited, and FMCG along with food distribution overseen directly. Infrastructure and backend services are also provided. A network of Indian buyers, sellers, and businesses is connected through these activities.
How many acquisitions has Future Group made?
Future Group has made 4 acquisitions, including Amar Chitra Katha, Chaupaati, and FabFurnish.
Who are Future Group's investors?
Future Group has 2 investors. Key investors include Generali, and Reliance Industries.
What is Future Group's valuation?
The valuation of Future Group is $95.44M as of Mar 2017.