# 1-India Family Mart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/1-india-family-mart

- Industry: Retail
- Headquarters: New Delhi, India
- Website: www.1indiafamilymart.com
- Total disclosed funding: $25M
- Latest round: Series D (May 15, 2025)
- Investors on record: 6

## About

1-India Family Mart, located in India, operates as a value retail chain that provides a wide variety of affordable fashion and general merchandise, catering to diverse customer needs across multiple demographics.1-India Family Mart is a retail chain that specializes in value-focused fashion and merchandise. Founded in 2012, the company is headquartered in New Delhi, India. It has successfully executed a total of 7 deals, with its most recent funding round being a Series D in May 2025, where it raised USD 12.00 mn from investors including Capri Global Capital and Gulf Islamic Investments. The CEO is Jai Shukla, and the founder is Ravinder Singh.1-India Family Mart primarily operates as a value retail chain offering a diverse range of fashion and general merchandise. The company presents an exclusive selection of clothing and accessories designed to cater to the needs of various customer segments, including stylish apparel for women, trendy children’s clothing, and dynamic denim collections. The products aim to provide affordability without compromising quality, targeting customers across multiple demographics. The merchandise is available exclusively through their retail stores situated in various locations across India, allowing them to reach a broad customer base comprising individual shoppers and families seeking budget-friendly fashion options. In addition to their core offerings, 1-India Family Mart has implemented the One India One Club loyalty program, enhancing customer engagement and promoting repeat purchases. This program allows customers to gain rewards by purchasing a membership card while shopping in-store, further solidifying the company’s commitment to customer service and satisfaction. The retail chain focuses on providing fresh and affordable options to consumers nationwide, with a growing presence in key markets throughout India.In 2021, 1-India Family Mart generated revenue of USD 27.43 mn with an EBITDA of USD 4.35 mn. The company's revenue model primarily revolves around direct-to-consumer sales from its physical stores, focusing on clothing and accessories at competitive prices. The One India One Club membership also contributes to revenue generation by encouraging repeat business through loyalty rewards, which helps to foster customer retention. With over 67 stores, the company has cultivated a customer base exceeding 5 million individuals.In May 2025, 1-India Family Mart raised USD 12 mn in Series D funding to enhance its market reach. The company plans to leverage this funding to introduce new products and expand into additional markets. Specific geographic regions targeted for expansion will be detailed as strategies unfold, aligning with the company's commitment to increasing its footprint in the Indian retail sector.

## Funding rounds

- Series D, May 15, 2025, $12M — Capri Global Capital, Carpediem Capital, Gulf Islamic Investments, Foundation Private Equity
- Series C, Feb 15, 2022, $6.1M — Carpediem Capital, Gulf Islamic Investments, Camil Investments Limited
- Series A, Dec 13, 2017, $6.7M — Carpediem Capital, Beeline Impex Private Limited

## Investors

- Carpediem Capital (https://capitalatlas.ai/funds/carpediem-capital) — Series A, Series C, Series D
- Beeline Impex Private Limited — Series A
- Gulf Islamic Investments (https://capitalatlas.ai/funds/gulf-islamic-investments) — Series C, Series D
- Camil Investments Limited — Series C
- Capri Global Capital (https://capitalatlas.ai/funds/capri-global-capital) — Series D
- Foundation Private Equity (https://capitalatlas.ai/funds/foundation-private-equity) — Series D