More Store

Mumbai, India Founded: 2007 • Age: 19 yrs Acquired By Amazon
Supermarkets and online grocery platforms are operated in India.

About More Store

More Store is a Retail company based in Mumbai (India) founded in 2007, and was acquired by Amazon in September 2018. Supermarkets and online grocery platforms are operated in India. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Supermarkets.

Company details

More Store was founded in 2007 in Mumbai, India, within the retail sector. A network of supermarkets and hypermarkets is maintained, alongside an e-grocery platform supported by a third-party provider. Food and grocery products are supplied through physical stores and digital channels. Customer needs for in-store and online shopping are addressed across various formats in the Indian market.

  • Headquarters Mumbai, India
  • Stage Acquired
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website morestore.com
  • Social LinkedIn Facebook
  • Acquired by Amazon (Sep 2018)
Operational Areas
Key Metrics
  • Annual Revenue
    $513.73 M (USD)
    -7
    as on Mar 31, 2024
  • Net Profit
    -$70.48 M (USD)
    -1
    as on Mar 31, 2024
  • EBITDA
    -$10.83 M (USD)
    12
    as on Mar 31, 2024
  • Investors
    Amazon

    & 1 more

  • Acquired by
    Amazon

    (Sep 2018)

Investors in More Store

More Store has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon and Samara Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed across multiple sectors.
samaracapital.comMumbai, India
Multi-category products are offered through an online marketplace.
1994amazon.comSeattle, United States
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Investor details for More Store

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People of More Store

1 people are tracked at More Store (1 in leadership).

NameRoleGroup
Sumeet Narang
Managing DirectorLeadership
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Timeline of More Store

2 dated milestones of More Store across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded More Store is founded.
  2. Exit Acquired by Amazon.

Web traffic of More Store

Websites that share an audience with More Store (morestore.com).

Similar websites

Websites whose visitors overlap most with More Store. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
adityabirlachemicals.com
adityabirlachemicals.com
100%
#1,699,458–
grasim.com
100%
35.7K#855,196View details
birlacarbon.com
69%
20.4K#1,331,056View details

Top companies in Retail Stores & Chains

2 companies that operate in the same segment as More Store (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
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Related news about More Store

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Frequently Asked Questions about More Store

More Store was founded in 2007.

More Store is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Annual revenue of More Store is $513.73M as on Mar 31, 2024.

More Store was founded in 2007 in Mumbai, India, within the retail sector. A network of supermarkets and hypermarkets is maintained, alongside an e-grocery platform supported by a third-party provider. Food and grocery products are supplied through physical stores and digital channels. Customer needs for in-store and online shopping are addressed across various formats in the Indian market.

More Store has 2 investors. Key investors include Amazon, and Samara Capital.

Yes. More Store was acquired by Amazon in September 2018.

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