About V Retail
V Retail is a Consumer company based in Hyderabad (India) founded in 2009, and was acquired by Reliance Retail in January 2023. It operates as a retailer of footwear and apparel products. Its chief executive is Damodar Mall. Its focus areas include Consumer Goods and Retailers.
Company details
V Retail was founded in 2009 and is headquartered in Hyderabad, India. Operations are centered on the retail sector, with a focus on distributing footwear and apparel products. The company serves consumers through its established network in the region. Leadership is provided by CEO Damodar Mall. Activities are conducted under the domain vretail.tcc.mode, supporting everyday retail needs in the apparel and footwear categories.
- Headquarters Hyderabad, India
- Stage Acquired
- SectorsConsumer
- Acquired by Reliance Retail (Jan 2023)
- Annual Revenue$308.99 M (USD)48as on Mar 31, 2023
- Net Profit-$978.02 K (USD)-167as on Mar 31, 2023
- EBITDA$35.37 M (USD)30as on Mar 31, 2023
- Investors
- Acquired byReliance Retail
(Jan 2023)
Investors in V Retail
V Retail has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Reliance Retail.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Retail chain offering diversified products | 2006 | relianceretail.com | Mumbai, India |
Investor details for V Retail
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- Round participation
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People of V Retail
1 people are tracked at V Retail (1 in leadership).
| Name | Role | Group |
|---|---|---|
Damodar Mall | CEO | Leadership |
Complete people profiles for V Retail
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- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of V Retail
2 dated milestones of V Retail across 14 years, from founding to its latest funding, stage changes and deals.
- Founded V Retail is founded.
- Exit Acquired by Reliance Retail.
Top companies in Consumer Brands
10 companies that operate in the same segment as V Retail (Consumer Brands), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Textiles, apparel, and advanced materials are manufactured across sectors. | 1931 | Ahmedabad, Gujarat, India | – | USD 966.28 M | 33,310 | |
Brand of home appliances | 2017 | Delhi, Delhi, India | – | USD 187.55 M | 180 | |
Provides visual merchandising, sales outsourcing, loyalty programs, and audits for retailers. | 2006 | Gurugram, Haryana, India | – | USD 34.99 M | 7,941 | |
Electrical switches brand | 1996 | Noida, Uttar Pradesh, India | – | USD 5.97 K | – | |
Heavy electrical OEM | 1985 | Noida, Uttar Pradesh, India | – | – | – | |
Consumer products are retailed by The CrownX in Vietnam. | 2019 | Ho Chi Minh City, Vietnam | USD 350 M | – | – | |
Venture capital fund investing in consumer-focused startups in India. | 2016 | Mumbai, Maharashtra, India | – | – | – | |
Consumer goods and agricultural products are manufactured and distributed globally. | 1968 | Dhaka, Bangladesh | – | – | – | |
Operates as an online brand specializing in private label mobile accessories. | 2016 | Delhi, Delhi, India | – | USD 526.83 K | 10 | |
Provider of operation management solutions for e-commerce businesses | – | – | USD 500 M | – | – |
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Frequently Asked Questions about V Retail
V Retail was founded in 2009.
V Retail is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Damodar Mall is the current CEO of V Retail.
Annual revenue of V Retail is $308.99M as on Mar 31, 2023.
V Retail was founded in 2009 and is headquartered in Hyderabad, India. Operations are centered on the retail sector, with a focus on distributing footwear and apparel products. The company serves consumers through its established network in the region. Leadership is provided by CEO Damodar Mall. Activities are conducted under the domain vretail.tcc.mode, supporting everyday retail needs in the apparel and footwear categories.
V Retail has 1 investor. Key investors include Reliance Retail.
Yes. V Retail was acquired by Reliance Retail in January 2023.