About Future Retail
Future Retail is a publicly listed company based in Mumbai (India) founded in 1987 by Kishore Biyani. Multi-category consumer products are retailed via a nationwide chain. The company has 24 employees. Future Retail has completed 3 acquisitions, including Easyday Club, Food World and HyperCITY Retail. Its chief executive, as recorded, is Kishore Biyani. Its website futureretail.in draws about 14 thousand monthly visits. Its Indian entity Future Retail Limited reported revenue of ₹52.87 Cr. Future Retail offers products and services including Hypermarket and Supermarket and Consumer Electronics. Its focus areas include Consumer Goods, Retail Chains and Horizontal.
Company details
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.
- Headquarters Mumbai, India
- Employees 24
- Founders Kishore Biyani
- Stage Public
- SectorsRetail
- Website futureretail.in
- Social LinkedIn Facebook
- Legal Name Future Retail Limited
- Date of Incorporation 07 Feb, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹52.87 Cr
FY 2024
- Net Profit₹28.96 Cr
FY 2024 · 55% margin
- EBITDA₹16.45 Cr
FY 2024 · 31% margin
- Latest Funding Round$211M (USD), Post-IPO
Oct 2019
- InvestorsAmazon
& 1 more
- Employee Count24
- Investments & AcquisitionsEasyday Club
& 2 more
Associated legal entities of Future Retail
Future Retail operates through Future Retail Limited, a listed company (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Future Retail Limited Listed CIN L51909MH2007PLC268269 | Under Cirp | 07 Feb 2007 | Mumbai, Maharashtra | ₹52.9 Cr | 24 | 2 | View details |
Products & Services of Future Retail
Future Retail offers a comprehensive portfolio of products and services, including Hypermarket and Supermarket and Consumer Electronics.
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
Funding Insights of Future Retail
- Total Rounds 8
- Last Round Post-IPO — $211M
- First Round $95.87M
(Apr 2015)
- Investors Count 2
All 8 funding rounds of Future Retail with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $211M | Post-IPO | – | – | |
| Apr 2019 | $286.36M | Post-IPO | – | – | – |
| Nov 2018 | $340.9M | Post-IPO | – | – | |
| Jun 2018 | $250M | Post-IPO | – | – | – |
| Apr 2017 | $16M | Post-IPO | – | – | |
| Aug 2015 | $30.69M | Debt – Conventional | – | – | – |
| Apr 2015 | $80.15M | Debt – Conventional | – | – | – |
| Apr 2015 | $95.87M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in Future Retail
Future Retail has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Amazon and Timesgroup.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category products are offered through an online marketplace. | 1994 | amazon.com | Seattle, United States | |
English and vernacular newspapers are published in print form. | 1838 | timesgroup.com | Mumbai, India |
Investor details for Future Retail
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Future Retail Limited (Future Retail)
Future Retail Limited is the primary company behind Future Retail. The board of Future Retail Limited currently have 2 directors; the longest-serving is Kishore Laxminarayan Biyani, appointed in 2016. 39 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kishore Laxminarayan Biyani DIN 00005740 | Director | 30 Apr 2016 | 10 yrs 6 mo | Future Retail Limited |
| Priyanka Agarwal DIN 08089006 | Additional Director | 21 Jul 2023 | 3 yrs 3 mo | Future Retail Limited |
People of Future Retail
12 people are tracked at Future Retail (3 in leadership, 5 in board & advisors, 4 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Anil Menon | Head-people Services | Leadership |
Akhilesh Kalra | CFO And Head - Corporate Finance (fund Raising, M&a) | Leadership |
Jacob Mathew | Board Member, Audit, Stakeholders Relationship, Nomination & Remuneration & Corporate Social Responsibility Committee | Board & advisors |
Rakesh Biyani | Board Member, Audit, Stakeholders Relationship, Corporate Social Responsibility & Risk Management Committee | Board & advisors |
Ravindra Dhariwal | Independent Director | Board & advisors |
Gagan Singh | Chairperson, Audit Committee | Board & advisors |
C.P. Toshniwal | Board Member, Risk Management Committee | Board & advisors |
Amit Kumar | Category Manager (food Business) | Team |
Saurabh Mathur | Assistant Manager | Team |
Anoop Kumar Singh | Senior Executive Sales | Team |
Priyanka Mishra | Sr. HR Executive | Team |
Complete people profiles for Future Retail
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Financials of Future Retail
Figures of Future Retail Limited, the primary company behind Future Retail, for FY 2024. Revenue was ₹52.87 Cr. Net profit was ₹28.96 Cr (55% margin). EBITDA was ₹16.45 Cr (31% margin). Revenue has grown at a compounded annual rate of -80% over three years and -70% over five years.
- ₹52.87 CrRevenue · FY 2024
- ₹28.96 CrNet profit · 55% margin
- ₹16.45 CrEBITDA · 31% margin
- ₹108 CrPaid-up capital
- 24Employees (provident fund records)
- -80%Revenue CAGR, 3 years
- -70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Future Retail Limited are on its company page.
Detailed financial statements for Future Retail
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A chain of supermarket stores is operated across India. | foodworld.in | Bengaluru, India | 1996 | May 2018 | $5.98M | |
Retail products are offered through hypermarket stores in India. | hypercityindia.com | Mumbai, India | 2004 | Dec 2017 | $101.55M | |
Multi-category grocery products are offered via an online platform. | easyday.in | Gurugram, India | 2008 | Jul 2016 | •••• |
Complete acquisition details for Future Retail
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Future Retail
7 dated milestones of Future Retail across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Future Retail is founded.
- Funding First funding round of $95.9M.
- Acquisition Acquires Easyday Club.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires HyperCITY Retail.
- Acquisition Acquires Food World.
- Funding Latest funding round, Post-IPO, of $211.0M.
Web traffic of Future Retail
The website of Future Retail (futureretail.in) receives about 14.2K visits a month.
- Monthly visits14.2K
▼ 23.4% vs previous month
Websites whose visitors overlap most with Future Retail. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| futuregroup.in | 100% | View details | |||
| futurelifestyle.in | 63% | 4.2K | #4,419,496 | View details | |
| hduhealthcare.com | 56% | 19.5K | #1,448,015 | View details | |
money.rediff.com | money.rediff.com | 55% | #13,922 | – | |
fvrl.in | fvrl.in | 29% | – |
Top companies in Retail Stores & Chains
2 companies that operate in the same segment as Future Retail (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 |
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Related news about Future Retail
Complete news archive for Future Retail
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Frequently Asked Questions about Future Retail
Future Retail was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Future Retail is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kishore Biyani is the CEO of Future Retail, as recorded in our data. They have also founded this company.
Future Retail has 24 employees.
The primary company behind Future Retail, Future Retail Limited, reported revenue of ₹52.87 Cr for FY 2024.
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.
Future Retail offers Hypermarket and Supermarket and Consumer Electronics.
Future Retail has made 3 acquisitions, including Easyday Club, Food World, and HyperCITY Retail.
Future Retail has 2 investors. Key investors include Amazon, and Timesgroup.
Future Retail operates through Future Retail Limited.
The legal entities of Future Retail currently have 2 directors, including Kishore Laxminarayan Biyani, Priyanka Agarwal.