About Future Retail
Future Retail is a company based in Mumbai (India) founded in 1987 by Kishore Biyani.. The company has 24 employees as of March 25, 2024. Future Retail has completed 3 acquisitions, including Easyday Club, Food World and HyperCITY Retail. Future Retail offers products and services including Hypermarket and Supermarket and Consumer Electronics.
- Headquarter Mumbai, India
- Employees 24 as on 25 Mar, 2024
- Founders Kishore Biyani
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Future Retail Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$882.2 M (USD)-67.87as on Mar 31, 2021
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Net Profit
$-428.88 M (USD)-28350.84as on Mar 31, 2021
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EBITDA
$-76.86 M (USD)-127.81as on Mar 31, 2021
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Latest Funding Round
$211 M (USD), Post-IPO
Oct 03, 2019
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Investors
Amazon
& 1 more
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Employee Count
24
as on Mar 25, 2024
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Investments & Acquisitions
Easyday Club
& 2 more
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Products & Services of Future Retail
Future Retail offers a comprehensive portfolio of products and services, including Hypermarket and Supermarket and Consumer Electronics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Operations of hypermarkets and supermarkets are conducted for the sale of consumer goods across various formats
Retail of consumer electronics products is managed within the lifestyle and retail segments
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Funding Insights of Future Retail
- Total Funding Total Funding
- Total Rounds 8
- Last Round Post-IPO — $211.0M
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First Round
First Round
(01 Apr 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Post-IPO - Future Retail | Valuation |
investors |
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| Apr, 2019 | Amount | Post-IPO - Future Retail | Valuation |
investors |
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| Nov, 2018 | Amount | Post-IPO - Future Retail | Valuation |
investors |
| 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 Retail
Future Retail has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Amazon and Timesgroup. 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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Multi-category products are offered through an online marketplace.
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Founded Year | Domain | Location | |
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English and vernacular newspapers are published in print form.
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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
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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 Retail
Future Retail has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Easyday Club, Food World and HyperCITY Retail. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 |
|---|---|---|---|---|---|
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Multi-category grocery products are offered via an online platform.
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2008 | ||||
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Retail products are offered through hypermarket stores in India.
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2004 | ||||
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A chain of supermarket stores is operated across India.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Future Retail
| 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 |
Future Retail Comparisons
Competitors of Future Retail
| 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 Retail
Frequently Asked Questions about Future Retail
When was Future Retail founded?
Future Retail was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Where is Future Retail located?
Future Retail is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Future Retail?
Kishore Biyani is the current CEO of Future Retail. They have also founded this company.
How many employees does Future Retail have?
As of Mar 25, 2024, the latest employee count at Future Retail is 24.
What is the annual revenue of Future Retail?
Annual revenue of Future Retail is $882.2M as on Mar 31, 2021.
What does Future Retail do?
Future Retail was established in 1987 by Kishore Biyani in Mumbai, India, as a retail chain focused on multi-category consumer goods. Operations span various formats including hypermarkets and supermarkets, with services covering apparel, groceries, electronics, and household items. The company maintains a presence across urban and semi-urban areas in India, supported by an online domain at futureretail.in. Leadership is provided by the founder in the role of CEO.
What products or services does Future Retail offer?
Future Retail offers Hypermarket and Supermarket and Consumer Electronics.
How many acquisitions has Future Retail made?
Future Retail has made 3 acquisitions, including Easyday Club, Food World, and HyperCITY Retail.
Who are Future Retail's investors?
Future Retail has 2 investors. Key investors include Amazon, and Timesgroup.