V-Mart

IPO

India's leading value fashion store for the whole family

Gurgaon, India · Founded 2002 · $4.2M raised

Headquarters
Gurgaon
Employees
5001–10000
Founded
2002
Business Model
B2C
Total Funding
$4.2M
Last Round
$4.2M Private EquityJan 2012
Rounds
1

About

V-Mart Retail Limited is an Indian value retail chain founded in 2002 by Lalit Agarwal and headquartered in Gurgaon, India. The company opened its first store in Ahmedabad in 2003 and has grown into one of India's leading family fashion retailers. V-Mart operates a chain of small-size hypermarket-style departmental stores primarily in tier II, tier III, and tier IV cities across India, serving the aspirational Indian middle class with affordable fashion and value merchandise. The company offers a wide assortment of fashion apparel, footwear, home furnishings, and general merchandise for the entire family. With over 500 stores across more than 315 cities in 28 states, V-Mart is a publicly listed company committed to the concept of value retailing.

Summary

V-Mart is a Retail company based in Gurgaon, India, founded in 2002. It has raised $4.2M in total across 1 round, most recently a $4.2M Private Equity round in Jan 2012. Investors include WestBridge Capital.

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Funding History

IPOFeb 2013

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