About M Baazar
M Baazar is a company based in Howrah (India) founded in 2009 by Sanjay Saraf.. M Baazar has raised $1.33 million across 3 funding rounds from investors including Umang Clothes, Bhavya Merchandise and Sramerchandise. The company has 2,996 employees as of April 24, 2024. M Baazar offers products and services including Menswear and Ladieswear.
- Headquarter Howrah, India
- Employees 2996 as on 24 Apr, 2024
- Founders Sanjay Saraf
- Stage Minicorn
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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
*********
- Legal Name Metro Retail Pvt. Ltd
- Jurisdiction Howrah, West Bengal, India
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Annual Revenue
$86.32 M (USD)34.18as on Mar 31, 2023
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Net Profit
$5.67 M (USD)61.65as on Mar 31, 2023
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EBITDA
$8.97 M (USD)49.21as on Mar 31, 2023
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Total Equity Funding
$1.33 M (USD)
in 3 rounds
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Latest Funding Round
$41.04 K (USD), Seed
Mar 24, 2012
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Investors
Umang Clothes
& 11 more
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Employee Count
2996
as on Apr 24, 2024
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Products & Services of M Baazar
M Baazar offers a comprehensive portfolio of products and services, including Menswear and Ladieswear. 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.
Various clothing items for men are provided by M Baazar in its retail operations.
Fashion clothing for women is offered by M Baazar as part of its product range.
Funding Insights of M Baazar
M Baazar has successfully raised a total of $1.33M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $41.04 thousand completed in March 2012. 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 Seed — $41,035
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First Round
First Round
(05 Dec 2009)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2012 | Amount | Seed - M Baazar | Valuation | Umang Clothes |
|
| Mar, 2011 | Amount | Seed - M Baazar | Valuation | Bansidhar Infrastructure | |
| Dec, 2009 | Amount | Seed - M Baazar | Valuation | Sabi Viniyog , BT Commercial |
| 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 |
Investors in M Baazar
M Baazar has secured backing from 12 investors, including institutional and angel investors. Prominent investors backing the company include Umang Clothes, Bhavya Merchandise and Sramerchandise. 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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Founded Year | Domain | Location | |
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Consumer products are wholesaled to retailers from Kolkata base.
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Founded Year | Domain | Location | |
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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.
|
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 M Baazar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - M Baazar
| 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 |
M Baazar Comparisons
Competitors of M Baazar
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| 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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Frequently Asked Questions about M Baazar
When was M Baazar founded?
M Baazar was founded in 2009.
Where is M Baazar located?
M Baazar is headquartered in Howrah, India. It is registered at Howrah, West Bengal, India.
Is M Baazar a funded company?
M Baazar is a funded company, having raised a total of $1.33M across 3 funding rounds to date. The company's 1st funding round was a Seed of $553.04K, raised on Dec 05, 2009.
How many employees does M Baazar have?
As of Apr 24, 2024, the latest employee count at M Baazar is 2,996.
What is the annual revenue of M Baazar?
Annual revenue of M Baazar is $86.32M as on Mar 31, 2023.
What does M Baazar do?
M Baazar was established in 2009 in Howrah, India, as a retail chain focused on clothing for men, women, and children. Operations are centered in the apparel sector, with stores providing collections across various categories. The company is led by founder and Managing Director Sanjay Saraf. An online domain, mbaazar.in, supports its retail activities in the Indian market.
What products or services does M Baazar offer?
M Baazar offers Menswear and Ladieswear.
Who are M Baazar's investors?
M Baazar has 12 investors. Key investors include Umang Clothes, Bhavya Merchandise, Sramerchandise, Bansidhar Infrastructure, and Manmohan Agarwal.
What is M Baazar's valuation?
The valuation of M Baazar is $5.7M as of Mar 2012.