more
About more
more is a Retail company, and was acquired by Samara Capital in September 2018. A supermarket chain offering groceries and membership benefits. It operates on a Direct-to-Consumer (D2C) and Subscription Services model. Its Indian entity More Retail Private Limited reported revenue of ₹4,701 Cr. more offers products and services including Grocery Membership, Supermarket Products, and more App. Its focus areas include Grocery and Supermarkets.
Company details
A supermarket chain known as more is operated, providing a wide range of grocery products and daily essentials across multiple locations in India. Various categories including premium staples, cleaning essentials, and ready-to-eat items are covered. A membership program called more diamond is offered, featuring cashback points and exclusive deals. Additionally, a mobile app is provided for convenient shopping and point management. Trust and customer satisfaction are emphasized, with a focus on fresh, organic produce and efficient service.
- Stage Acquired
- SectorsRetail
- Email••••••••
- Website more.in
- Social LinkedIn X Facebook Instagram
- Acquired by Samara Capital (Sep 2018)
- Legal Name More Retail Private Limited
- Date of Incorporation 14 Jul, 1988
- Indian entity revenue₹4,701 Cr
FY 2025 · +14% YoY
- Indian entity net loss-₹249 Cr
FY 2025 · -5% margin
- Indian entity EBITDA₹142 Cr
FY 2025 · 3% margin
- InvestorsAmazon
& 2 more
- Acquired bySamara Capital
(Sep 2018)
Associated legal entities of more
more operates through More 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 |
|---|---|---|---|---|---|---|---|
| More Retail Private Limited CIN U65990MH1988PTC048117 | Active | 14 Jul 1988 | Mumbai, Maharashtra | ₹4,701 Cr | 9,436 | 7 | View details |
Products & Services of more
more offers a comprehensive portfolio of products and services, including Grocery Membership, Supermarket Products, and more App.
A membership offering cashback and redeemable points.
Wide range of groceries and daily essentials.
App for shopping and managing membership points.
Funding Insights of more
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of more 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 |
|---|---|---|---|---|---|
| Jun 2023 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in more
more has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, Singularity Ventures AMC and Samara Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management services in growth equity and public investments in India. | 2016 | singularityamc.com | Mumbai, India | |
Private equity investments are managed across multiple sectors. | samaracapital.com | Mumbai, India | ||
Multi-category products are offered through an online marketplace. | 1994 | amazon.com | Seattle, United States |
Investor details for more
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 More Retail Private Limited (more)
More Retail Private Limited is the primary company behind more. The board of More Retail Private Limited currently have 4 directors; the longest-serving is Vikram Ranjan Agarwal, appointed in 2019. 34 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikram Ranjan Agarwal DIN 03038370 | Director | 28 Mar 2019 | 7 yrs 6 mo | More Retail Private Limited |
| Vinod Nambiar DIN 07290613 | Managing Director | 12 Feb 2021 | 5 yrs 8 mo | More Retail Private Limited |
| Supratim Banerjee DIN 02052355 | CFO | 01 Feb 2024 | 2 yrs 8 mo | More Retail Private Limited |
| Karan Mehrotra DIN 11433279 | Additional Director | 17 Dec 2025 | 10 mo | More Retail Private Limited |
Financials of more
Figures of More Retail Private Limited, the primary company behind more, for FY 2025. Revenue was ₹4,701 Cr (+14% year on year). Net loss was -₹249 Cr (-5% margin). EBITDA was ₹142 Cr (3% margin). Revenue has grown at a compounded annual rate of -2% over three years and -1% over five years.
- ₹4,701 CrRevenue · FY 2025 · +14% YoY
- -₹249 CrNet loss · -5% margin
- ₹142 CrEBITDA · 3% margin
- ₹459 CrPaid-up capital
- 9,436Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of More Retail Private Limited are on its company page.
Detailed financial statements for more
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 more
2 dated milestones of more across 5 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Samara Capital.
- Funding First funding round.
Web traffic of more
Websites that share an audience with more (more.in).
Websites whose visitors overlap most with more. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| foodsquare.co.in | 82% | 26.3K | View details | ||
| spencers.in | 80% | 99.1K | #356,288 | View details | |
| thestateplate.com | 75% | 11K | #2,146,036 | View details | |
| delightfoods.com | 69% | 9.6K | #2,010,936 | View details | |
| starquik.com | 68% | 59.9K | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for more
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about more
The primary company behind more, More Retail Private Limited, reported revenue of ₹4,701 Cr for FY 2025, up 14% year on year.
A supermarket chain known as more is operated, providing a wide range of grocery products and daily essentials across multiple locations in India. Various categories including premium staples, cleaning essentials, and ready-to-eat items are covered. A membership program called more diamond is offered, featuring cashback points and exclusive deals. Additionally, a mobile app is provided for convenient shopping and point management. Trust and customer satisfaction are emphasized, with a focus on fresh, organic produce and efficient service.
more offers Grocery Membership, Supermarket Products, and more App.
more has 3 investors. Key investors include Amazon, Singularity Ventures AMC, and Samara Capital.
more operates through More Retail Private Limited.
Yes. more was acquired by Samara Capital in September 2018.
The legal entities of more currently have 6 directors, including Supratim Banerjee, Vinod Nambiar, Vikram Ranjan Agarwal and others.