About HyperCITY Retail
HyperCITY Retail is a company based in Mumbai (India) founded in 2004 was acquired by Future Retail in December 2017.. The company has 2,492 employees as of March 29, 2024.
- Headquarter Mumbai, India
- Employees 2492 as on 29 Mar, 2024
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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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- Legal Name Hypercity Retail (India) Limited
- Date of Incorporation 27 May, 2004
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.42 M (USD)-97.72as on Mar 31, 2019
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Net Profit
$-771.55 K (USD)91.24as on Mar 31, 2019
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EBITDA
$-9.09 K (USD)99.81as on Mar 31, 2019
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Latest Funding Round
- Investors
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Employee Count
2492
as on Mar 29, 2024
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Acquired by
Future Retail
(Dec 01, 2017)
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Funding Insights of HyperCITY Retail
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Series B - HyperCITY Retail | Valuation |
investors |
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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 HyperCITY Retail
HyperCITY Retail has secured backing from 1 investor. Prominent investors backing the company include Future Retail. 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 consumer products are retailed via a nationwide chain.
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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 HyperCITY Retail
| 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 |
Financial Statements - HyperCITY 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 |
Hypercity Retail Comparisons
Competitors of HyperCITY 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 Hypercity Retail
Frequently Asked Questions about HyperCITY Retail
When was HyperCITY Retail founded?
HyperCITY Retail was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Where is HyperCITY Retail located?
HyperCITY Retail is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does HyperCITY Retail have?
As of Mar 29, 2024, the latest employee count at HyperCITY Retail is 2,492.
What is the annual revenue of HyperCITY Retail?
Annual revenue of HyperCITY Retail is $2.42M as on Mar 31, 2019.
What does HyperCITY Retail do?
Hypercity is a large format departmental store or hypermart format of the Shoppers Stop. It provides large and comfortable environment for the customers to shop. Its products include food and grocery, health and beauty, home and furniture, fashion, electronics, toys and sports. It also has a range of its own private brands like Everyday, Fresh Basket, Waitrose and Terzo in Food and Grocery, Ebano and Avorio in Home, Joojoobs, City Style and River inc. in fashion, Technix in appliances and maxit in sports. As of September, 2015 it is present in 17 locations around India and plans to expand in at the rate of two new stores every year. Shoppers Stop holds 51 of its share thus making it a subsidiary.
Who are HyperCITY Retail's investors?
HyperCITY Retail has 1 investor. Key investors include Future Retail.