About M Baazar
M Baazar is a Retail company based in Howrah (India) founded in 2009 by Sanjay Saraf. It operates as a retailer chain of clothing collections for men, women, and children. 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. M Baazar was last valued at $5.7 million in March 2012. Its website mbaazar.in draws about 15 thousand monthly visits. Its Indian entity Metro Retail Private Limited reported revenue of ₹1,025 Cr. M Baazar offers products and services including Menswear and Ladieswear. Its focus areas include Consumer Goods and Retail Chains.
Company details
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.
- Headquarters Howrah, India
- Employees 2,996
- Founders Sanjay Saraf
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website mbaazar.in
- Social LinkedIn X Facebook Instagram YouTube Threads
- Legal Name Metro Retail Pvt. Ltd
- Date of Incorporation 03 Jun, 2009
- Jurisdiction Howrah, West Bengal, India
- Annual Revenue₹1,025 Cr
FY 2025 · +26% YoY
- Net Profit₹65.21 Cr
FY 2025 · 6% margin
- EBITDA₹110 Cr
FY 2025 · 11% margin
- Total Equity Funding$1.33M (USD)
in 3 rounds
- Latest Funding Round$41.04K (USD), Seed
Mar 2012
- Employee Count2,996
Associated legal entities of M Baazar
M Baazar operates through Metro Retail Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Metro Retail Private Limited CIN U74900WB2009PTC135617 | Active | 03 Jun 2009 | Howrah, West Bengal | ₹1,025 Cr | 2,996 | 4 | View details |
Products & Services of M Baazar
M Baazar offers a comprehensive portfolio of products and services, including Menswear and Ladieswear.
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.
Apps and channels of M Baazar
its YouTube channel M Baazar has 388K subscribers and 30 videos.
Videos from M Baazar
The most watched videos on M Baazar's YouTube channel, M Baazar (388K subscribers). Click a video to play it here.
More on M Baazar.
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 $1.33M
- Total Rounds 3
- Last Round Seed — $41,035
- First Round $553,044
(Dec 2009)
- Investors Count 12
All 3 funding rounds of M Baazar 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 |
|---|---|---|---|---|---|
| Mar 2012 | $41,035 | Seed | $5.7M | Umang Clothes | – |
| Mar 2011 | $734,069 | Seed | $3.25M | Bansidhar Infrastructure | |
| Dec 2009 | $553,044 | Seed | $••••• | Sabi Viniyog, BT Commercial |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2012 | $5.7M | •••••••• |
| Mar 2011 | $3.25M | •••••••• |
Last known valuation $5.7M (Mar 2012). 12 investors in total: 10 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | umangclothes.tcc.mode | - | |
Consumer products are wholesaled to retailers from Kolkata base. | – | bhavyamerchandise.tcc.mode | Kolkata, India | |
- | – | sramerchandise.tcc.mode | - | |
Provider of road and bridge infrastructure development services | – | bansindharinfrastructure.tcc.mode | Kolkata, India | |
- | – | sabiviniyog.tcc.mode | - | |
HVAC services are delivered to commercial clients in India. | – | btcommercial.tcc.mode | Kolkata, India | |
- | – | mimoimpex.tcc.mode | - | |
Real estate brokerage services for diversified sectors are provided. | – | kavimerchandise.tcc.mode | - | |
Brokerage services for leasing real estate properties are provided. | – | msvyapaar.tcc.mode | Kolkata, India | |
Brokerage services for buying, selling, and renting properties are provided. | – | ujjwalaconclave.tcc.mode | Kolkata, India |
Investor details for M Baazar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Metro Retail Private Limited (M Baazar)
Metro Retail Private Limited is the primary company behind M Baazar. The board of Metro Retail Private Limited currently have 4 directors; the longest-serving is Manmohan Agarwal, appointed in 2009. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manmohan Agarwal DIN 01913563 | Director | 03 Jun 2009 | 17 yrs 4 mo | Metro Retail Private Limited |
| Sanjay Saraf DIN 00499509 | Director | 15 Dec 2016 | 9 yrs 10 mo | Metro Retail Private Limited |
| Shubham Saraf DIN 08159552 | Director | 18 Jun 2018 | 8 yrs 4 mo | Metro Retail Private Limited |
| Anuj Saraf DIN 09013415 | Director | 31 Dec 2020 | 5 yrs 9 mo | Metro Retail Private Limited |
People of M Baazar
1 people are tracked at M Baazar (1 in leadership); the tracked headcount is 2,996.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for M Baazar
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
Verified entity values are shown only after access is granted.
Financials of M Baazar
Figures of Metro Retail Private Limited, the primary company behind M Baazar, for FY 2025. Revenue was ₹1,025 Cr (+26% year on year). Net profit was ₹65.21 Cr (6% margin). EBITDA was ₹110 Cr (11% margin). Revenue has grown at a compounded annual rate of +24% over three years and +13% over five years.
- ₹1,025 CrRevenue · FY 2025 · +26% YoY
- ₹65.21 CrNet profit · 6% margin
- ₹110 CrEBITDA · 11% margin
- ₹69.2 LakhPaid-up capital
- 2,996Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Metro Retail Private Limited are on its company page.
Detailed financial statements for M Baazar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of M Baazar
4 dated milestones of M Baazar across 3 years, from founding to its latest funding, stage changes and deals.
- Founded M Baazar is founded.
- Funding First funding round of $553K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $41K.
Web traffic of M Baazar
The website of M Baazar (mbaazar.in) receives about 14.6K visits a month.
- Monthly visits14.6K
▼ 67.1% vs previous month
Websites whose visitors overlap most with M Baazar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
centralmallguwahati.com | centralmallguwahati.com | 100% | – | #9,051,555 | – |
| sohumshoppe.com | 88% | – | #11,688,010 | View details | |
citycenterghy.com | citycenterghy.com | 86% | – | #2,424,886 | – |
Top companies in Retail Stores & Chains
10 companies that operate in the same segment as M Baazar (Retail Stores & Chains), 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 | |
Home improvement products and services are retailed by Lowe's. | 1946 | Mooresville, North Carolina, United States | – | USD 86.29 B | 270,000 | |
Office supplies and business products are distributed online to companies. | 1986 | Framingham, Massachusetts, United States | – | – | 13,447 | |
Pet foods, products, and care services are provided by PetSmart. | 1987 | Phoenix, Arizona, United States | USD 23.3 M | – | – | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 | |
Grocery products are retailed through a nationwide chain of stores. | 1883 | Cincinnati, Ohio, United States | – | – | – | |
Internet first brand of fashion apparel wear for men and women | 1975 | Arteixo, A Coruna, Spain | – | USD 308.1 M | 1,454 | |
Retailer offering wide array of perfumes | 1910 | Dusseldorf, North Rhine-westphalia, Germany | USD 259.43 M | – | – | |
Groceries, essentials, clothing, and electronics are retailed nationwide. | 1962 | Minneapolis, Minnesota, United States | – | USD 104.78 B | 440,000 | |
Hypermarkets and retail stores are operated globally by Carrefour. | 1959 | Massy, France | – | USD 98.74 B | 324,750 |
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Frequently Asked Questions about M Baazar
M Baazar was founded in 2009.
M Baazar is headquartered in Howrah, India. It is registered at Howrah, West Bengal, India.
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 2009.
M Baazar has 2,996 employees.
The primary company behind M Baazar, Metro Retail Private Limited, reported revenue of ₹1,025 Cr for FY 2025, up 26% year on year.
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.
M Baazar offers Menswear and Ladieswear.
M Baazar has 12 investors. Key investors include Umang Clothes, Bhavya Merchandise, Sramerchandise, Bansidhar Infrastructure, and Manmohan Agarwal.
The valuation of M Baazar is $5.7M as of Mar 2012.
M Baazar operates through Metro Retail Private Limited.
The legal entities of M Baazar currently have 4 directors, including Anuj Saraf, Manmohan Agarwal, Sanjay Saraf and others.