About Zapmart
Zapmart is a Retail company based in Mumbai (India) founded in 2015. Groceries are delivered online in South Mumbai areas. Zapmart has raised $448 thousand across 1 funding round. Its Indian entity G N Retail Services Private Limited reported revenue of ₹33.4 Lakh. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.
Company details
Zapmart is an online platform for groceries focused on Mumbai. Works on a hybrid model where it has both inventory and marketplace type of business model. The delivery is limited to areas of South Mumbai (Colaba to Bandra). The company claims to deliver within 2 hours of placing the order. There is also an app through which the users can place their orders. Raised seed funding of 484k in Aug16 from HNIs. Looking for Series A round of funding and plans to expand its reach to Pune by the end of this year
- Headquarters Mumbai, India
- SectorsRetail
- Website zapmart.com
- Social X Facebook
- Legal Name G N Retail Services Private Limited
- Date of Incorporation 04 Feb, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹33.4 Lakh
FY 2019 · +106% YoY
- Net Profit₹14,191
FY 2019 · 0% margin
- EBITDA₹16,921
FY 2019 · 1% margin
- Total Equity Funding$448K (USD)
in 1 rounds
- Latest Funding Round$448K (USD), Seed
Aug 2016
Associated legal entities of Zapmart
Zapmart operates through G N Retail Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| G N Retail Services Private Limited CIN U52100MH2015PTC261640 | Active | 04 Feb 2015 | Mumbai, Maharashtra | ₹0.3 Cr | 2 | View details |
Funding Insights of Zapmart
Zapmart has successfully raised a total of $448K through 1 strategic funding round. The most recent funding activity was a Seed round of $448 thousand completed in August 2016. 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 $448,000
- Total Rounds 1
- Last Round Seed — $448,000
- First Round $448,000
(Aug 2016)
All 1 funding rounds of Zapmart 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 |
|---|---|---|---|---|---|
| Aug 2016 | $448,000 | Seed | – | – | – |
Board of directors of G N Retail Services Private Limited (Zapmart)
G N Retail Services Private Limited is the primary company behind Zapmart. The board of G N Retail Services Private Limited currently have 2 directors; the longest-serving is Juned Maqboolahmed Khan, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Juned Maqboolahmed Khan DIN 07061175 | Managing Director | 04 Feb 2015 | 11 yrs 9 mo | G N Retail Services Private Limited |
| Adanan Mumtaj Mohd DIN 07061318 | Director | 04 Feb 2015 | 11 yrs 9 mo | G N Retail Services Private Limited |
Financials of Zapmart
Figures of G N Retail Services Private Limited, the primary company behind Zapmart, for FY 2019. Revenue was ₹33.4 Lakh (+106% year on year). Net profit was ₹14,191 (0% margin). EBITDA was ₹16,921 (1% margin). Revenue has grown at a compounded annual rate of +54% over three years.
- ₹33.4 LakhRevenue · FY 2019 · +106% YoY
- ₹14,191Net profit · 0% margin
- ₹16,921EBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +54%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of G N Retail Services Private Limited are on its company page.
Detailed financial statements for Zapmart
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Zapmart
2 dated milestones of Zapmart across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Zapmart is founded.
- Funding First funding round of $448K.
Competitors of Zapmart
Zapmart has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed competitors of Zapmart
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Zapmart (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Quick-commerce platform delivering groceries, household essentials and other everyday products in India. | 2013 | Gurugram, Haryana, India | USD 757.12 M | 11,913 |
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Related news about Zapmart
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Frequently Asked Questions about Zapmart
Zapmart was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Zapmart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Zapmart is a funded company, having raised a total of $448K across 1 funding round to date. The company's 1st funding round was a Seed of $448K, raised on Aug 2016.
The primary company behind Zapmart, G N Retail Services Private Limited, reported revenue of ₹33.4 Lakh for FY 2019, up 106% year on year.
Zapmart is an online platform for groceries focused on Mumbai. Works on a hybrid model where it has both inventory and marketplace type of business model. The delivery is limited to areas of South Mumbai (Colaba to Bandra). The company claims to deliver within 2 hours of placing the order. There is also an app through which the users can place their orders. Raised seed funding of 484k in Aug16 from HNIs. Looking for Series A round of funding and plans to expand its reach to Pune by the end of this year.
Zapmart operates through G N Retail Services Private Limited.
The legal entities of Zapmart currently have 2 directors, including Juned Maqboolahmed Khan, Adanan Mumtaj Mohd.