About JioMart
JioMart is a company based in Navi Mumbai (India) founded in 2019 by Mukesh Ambani. It operates as a B2C, and Marketplace. The company has 43,024 employees as of March 31, 2023. JioMart offers products and services including JioMart App, Grocery Delivery Service, Electronics Shopping, and Fashion Platform. JioMart operates in a competitive market with competitors including Flipkart, Myntra, Snapdeal, Nykaa and Amazon, among others.
- Headquarter Navi Mumbai, India
- Employees 43024 as on 31 Mar, 2023
- Founders Mukesh Ambani
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Reliance Retail Ltd.
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$26.92 B (USD)31.58as on Mar 31, 2023
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Net Profit
$842.71 M (USD)41.95as on Mar 31, 2023
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EBITDA
$1.95 B (USD)56.69as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
43024
as on Mar 31, 2023
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Products & Services of JioMart
JioMart offers a comprehensive portfolio of products and services, including JioMart App, Grocery Delivery Service, Electronics Shopping, and Fashion Platform. 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.
Mobile application for online shopping of groceries and products
Platform for ordering and delivering fresh groceries quickly
Service for purchasing electronics and accessories online
Tool for browsing and buying clothing and lifestyle items
Funding Insights of JioMart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by JioMart
| 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 - JioMart
| 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 |
Jiomart Comparisons
Competitors of JioMart
JioMart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flipkart, Myntra, Snapdeal, Nykaa and Amazon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multi-category consumer products are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
Fashion and lifestyle products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Discounted products across multiple categories are sold online.
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| domain | founded_year | HQ Location |
Cosmetics, skincare, haircare, and wellness products are retailed online.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Sellers are connected with customers via multi-category e-commerce platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Jiomart
Frequently Asked Questions about JioMart
When was JioMart founded?
JioMart was founded in 2019.
Where is JioMart located?
JioMart is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
How many employees does JioMart have?
As of Mar 31, 2023, the latest employee count at JioMart is 43,024.
What is the annual revenue of JioMart?
Annual revenue of JioMart is $26.92B as on Mar 31, 2023.
What does JioMart do?
JioMart operates as an e-commerce platform by Reliance Retail Ltd., enabling users to browse and purchase groceries, electronics, fashion, and other essentials through a website and app. It allows PIN code-based product availability, shopping lists, and fast deliveries across India. The service includes customer support via WhatsApp and phone, catering to individual consumers seeking convenient retail options.
Who are the top competitors of JioMart?
What products or services does JioMart offer?
JioMart offers JioMart App, Grocery Delivery Service, Electronics Shopping, and Fashion Platform.