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1-India Family Mart
Reference material by Wikipedia contributors. This retains its source identity and is not 411 news reporting.
Online retailers of India
July 2019
1-India Family Mart 1-India Family Mart-logo.png Private Retail 2012 Jay Prakash Shukla and Ravinder Singh Delhi, India 100 Stores (21 November 2019) https://www.moneycontrol.com/news/business/retail-chain-1-india-family-mart-in-talks-with-pe-players-for-fund-raising-eyes-ipo-in-2021-4259911.html Retail Chain 1-India Family Mart in talks with PE players for fund raising; eyes IPO in 2021 Moneycontrol 29 July 2019 India Jay Prakash Shukla (Co-founder & CEO) Ravinder Singh (Co-founder & COO) Nysaa Retail Pvt. Ltd. https://1indiafamilymart.com
1-India Family Mart is a chain of value retail stores in India operated by Nysaa Retail Pvt. Ltd.Retail Chain 1-India Family Mart in talks with PE players for fund raising; eyes IPO in 2021 Money Control https://www.moneycontrol.com/news/business/retail-chain-1-india-family-mart-in-talks-with-pe-players-for-fund-raising-eyes-ipo-in-2021-4259911.html 29 July 2019व्यावसायिक प्रगति की ओर बढ़ रहा लातेहार : भारती https://www.jagran.com/jharkhand/latehar-one-india-family-mart-open-in-latehar-17673784.html Dainik Jagran hi 1 August 2018 The chain has the total of 100 stores across 81 cities of East and North of India.1-India Family Mart Launches the 50th Flagship Store in Ranchi http://bwdisrupt.businessworld.in/article/1-India-Family-Mart-Launches-the-50th-Flagship-Store-in-Ranchi/02-04-2018-145101/ BusinessWorld 1 August 20181-India Family Mart in talks to raise funds, to open 40 new stores https://in.fashionnetwork.com/news/1-india-family-mart-in-talks-to-raise-funds-to-open-40-new-stores,1124756.html 2020-06-28 FashionNetwork.com 30 July 2019 en-IN 1-India Family Mart has established the first store in Uttar Pradesh and later has expanded operations across Bihar, Chhattisgarh, Uttrakhand, Jharkhand, Madhya Pradesh, Odisha and the North East.Dutta Vishal Carpediem capital PE invests Rs 41.5 crore in 1-India Family Mart https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/carpediem-capital-pe-invests-rs-41-5-crore-in-1-india-family-mart/articleshow/62549232.cms The Economic Times 1 August 20181-India Family Mart draws up 200 crore expansion plan https://www.thehindu.com/business/1-india-family-mart-draws-up-200-crore-expansion-plan/article24146981.ece The Hindu 1 August 2018
History
1-India Family Mart was established in 2012Apparel makers ring in an early festive season thanks to tax sops; consumer spend set to rise - ET BrandEquity https://brandequity.economictimes.indiatimes.com/news/industry/apparel-makers-ring-in-an-early-festive-season-thanks-to-tax-sops-consumer-spend-set-to-rise/71303603 www.ETBrandEquity.com ETBrandEquity.com en 2020-05-07Dutta Vishal 2019-02-26 Nysaa hires former ShopClues, V-Mart CFO to head group finance The Economic Times https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/nysaa-hires-former-shopclues-v-mart-cfo-to-head-group-finance/articleshow/68163253.cms 2020-05-07 and began operations in 2013. The retail chain was co-founded by Jay Prakash Shukla and Ravinder Singh.Kurup Rajesh Nysaa Retail plans to invest 200 cr to open 100 more stores across India https://www.thehindubusinessline.com/news/nysaa-retail-plans-to-invest-200-cr-to-open-100-more-stores-across-india/article24138439.ece Business Line 1 August 2018 Nysaa Retail Pvt. Ltd. is the parent company of 1-India Family Mart. JP Shukla CEO and co founder of family mart is also known to be very fond of poetry and is a fan of T. S. Eliot's workRebello Maleeva 1-India Family Mart CEO loves reading TS Eliot, feels his poems are complex, disruptive The Economic Times https://economictimes.indiatimes.com/magazines/panache/1-india-family-mart-ceo-loves-reading-ts-eliot-feels-his-poems-are-complex-disruptive/articleshow/76980969.cms 2021-01-07
It is engaged in the business of selling fashion apparel, lifestyle products and general merchandise through stores.
In 2022, a Mumbai-based ethnic apparel manufacturer Suumaya Industries bought a minority stake in its parent company Nysaa Retail.
Funding
In 2017, 1-India Family Mart has raised a funding of $6.5 million (42.5 crore) from domestic private equity fund Carpediem Capital.Carpediem Capital invests USD 6.5 mn in 1-India Family Mart - Asian News International https://www.aninews.in/news/business/business/carpediem-capital-invests-usd-65-mn-in-1-india-family-mart201801181604180001/ Asian News International 18 January 2018 1 August 2018Carpediem Capital invests USD 6.5 mn in 1-India Family Mart https://www.business-standard.com/article/news-ani/carpediem-capital-invests-usd-6-5-mn-in-1-india-family-mart-118011800810_1.html Business Standard 1 August 2018 In May 2019, company got its second round funding as external debt of amount 20 crore by a consortium led by APAC Financial Service.https://retail.economictimes.indiatimes.com/news/industry/1-india-family-mart-raises-debt-funding-of-rs-20-cr/69143190 1-India Family Mart raises debt funding of Rs 20 cr Dubey Sandeep 2019-05-02 ET Retail en 2019-07-30https://www.business-standard.com/article/pti-stories/1-india-family-mart-raises-rs-20-cr-119050200675_1.html 1-India Family Mart raises Rs 20 cr Press Trust of India 2019-05-02 Business Standard India 2019-07-30
In 2022 the company raised INR 50 crore as a part of Series B round of funding. The round was led by the Dubai-based Gulf Islamic Investments (GII).Roy Debjyoti 2022-02-25 GII invests ₹50 crore in 1-India Family Mart https://www.livemint.com/companies/news/gulf-islamic-investments-bets-on-pe-backed-1-india-family-mart-11645793893864.html 2022-08-22 mint enBailay Rasul 1-India Family Mart raises Rs 50 crore in funding from Dubai-based Gulf Islamic Investments The Economic Times https://economictimes.indiatimes.com/tech/funding/1-india-family-mart-raises-rs-50-crore-in-funding-from-dubai-based-gulf-islamic-investments/articleshow/89797221.cms 2022-08-22
See also
Retailing in India
List of supermarket chains in India
Big Bazaar
References
Internet Companies India
External links
https://1indiafamilymart.com/
Category:Online retailers of India
Category:Retail companies of India
Category:Retail companies established in 2012
Category:Companies based in Delhi
Category:Indian brands