When was AMPM founded?

AMPM was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is AMPM located?

AMPM is headquartered in Karnal, India. It is registered at C/o Rajwanti Devi Sandhu Complex Old Sabzi Mandi Road, Karnal, KARNAL, Haryana, India, 132001.

Which legal entities is AMPM associated with?

AMPM is associated with AM-PM STORE PRIVATE LIMITED.

How many employees does AMPM have?

As of Sep 30, 2026, the latest employee count at AMPM is 23.

Is AMPM a funded company?

AMPM is a funded company, having raised a total of $239K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 02, 2021.

How much is AMPM worth?

The latest valuation of AMPM is $***** as of May 28, 2021.

When was the latest funding round of AMPM?

AMPM's latest funding was a $***** Angel round on May 28, 2021, with participation from 16 investors. Its primary sector is Food Retailers. Globally, the Food Retailers sector has seen $47.6M in funding in 2026 to date.

What is the annual revenue of AMPM?

Annual revenue of AMPM is less than ₹10 Cr as on Mar 31, 2025

Where does AMPM rank among its competitors?

AMPM ranks 43rd amongst 261 active competitors, of which 12 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Foodstories, which secured $5.25M in Jun, 2026.

Who are the top competitors of AMPM?

AMPM's top competitors include Next, M&S and Reliance Retail. Among them, Foodstories secured the most recent funding round in June, 2026.

AMPM - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

24/7 convenience stores offering grocery, food, and essential items. A retail chain providing accessible products and services around the clock. Focused on adopting a round-the-clock format to meet customer needs with affordable offerings. It aims to be a one-stop solution for grocery and confectionery items, delivering an international shopping experience with a variety of products. The company caters to the modern Indian lifestyle by providing convenient options. It offers food menu, grocery products, and franchise partnership opportunities. It also provides takeaway and online food delivery services. The company focuses on customer convenience and aims to become a leader in the affordable convenience store segment.

Website: ampmstore.in
Phone Number: +91 **********
Registered Address: C/o Rajwanti Devi Sandhu Complex Old Sabzi Mandi Road, Karnal, KARNAL, Haryana, India, 132001

Key Metrics

Founded Year

2018

Location

Karnal, India

Stage

Seed

Total Funding

$239K in 2 rounds

Latest Funding Round

Angel, May 28, 2021, $*****

Post Money Valuation

$***** as on May 28, 2021

Investors

Tushar Gupta & 37 more

Ranked

43^rd among 261 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

23 as on Sep 30, 2026

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View AMPM's full profile

AMPM is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
AM-PM STORE PRIVATE LIMITED CIN: U74999HR2019PTC077655 , India, Active	Jan 07, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	-

AMPM has raised a total funding of $239K over 2 rounds. Its first funding round was on Mar 02, 2021. Its latest funding round was a Angel round on May 28, 2021 for $*****. 16 investors participated in its latest round. AMPM has 5 institutional investors and 33 angel investors.

Here is the list of recent funding rounds of AMPM:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 28, 2021	5588871	Angel	1017481	3238364	5032865	1006974
Mar 02, 2021	4585205	Seed	9966168	4826078	Shammi Aggarwal & 2 more	Agility Ventures & 29 more

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View details of AMPM's funding rounds and investors

The founders of AMPM is Naveen Ghalyan.

Here are the details of AMPM's key team members:

Naveen Ghalyan: Co-Founder of AMPM. They serve on the board of 1 company.
Contact Info: 1 phone number

AMPM's Board of Directors

AMPM's board has 2 active members. Shubham Gupta and Naveen Ghalyan are part of team.

Here is the list of AMPM's board of directors:

Name	Type	Representing	Status	Duration
Shubham Gupta	Team	-	Current	7y 9m
Naveen Ghalyan	Team	-	Current	7y 9m

View details of AMPM's Founder profiles and Board Members

AMPM's employee count trend

AMPM has 23 employees as of Sep 26. Here is AMPM's employee count trend over the years:

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Top competitors of AMPM include Next, M&S and Reliance Retail. Here is the list of Top 10 competitors of AMPM, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Next 1982, Leicester (United Kingdom), Public	Online retailer of apparel, accessories, homeware, beauty, and furniture	-	Western Technology Investment, Bridgepoint Group ... & 1 others	71/100
2nd	M&S 1884, London (United Kingdom), Public	Retail chain of clothing, home & luxury food products	-	Europa	67/100
3rd	Reliance Retail 2006, Mumbai (India), Late Stage	Retail chain offering diversified products	$7.41B	KKR, Silver Lake & 9 others	67/100
4th	24SEVEN 2004, Delhi (India), Acquired	Provider of global creative & digital marketing recruitment, and staffing services	$6M	SOSV, Newlin & 3 others	64/100
5th	Hudson's Bay Company 1670, Brampton (Canada), Acquired	Department store retailer	-	Rhone Group, GPI Capital & 2 others	60/100
6th	Spencers 1863, Kolkata (India), Public	Retailer of groceries, staples, and liquor	-	-	61/100
7th	Broadwaylive 2023, Delhi (India), Series A	Chains providing retail space for apparel footwear beauty and wellness	$16.5M	Salarpuria Group, Gruhas & 14 others	61/100
8th	Future Group 1987, Mumbai (India), Series B	Retailer of electronics and consumer durables	$3.41B	Generali, Reliance Industries & 29 others	58/100
9th	Foodstories 2021, Mumbai (India), Series B	Food retailer of organic and hydroponic produce	$5.25M	NSFO, Think9 & 1 others	56/100
10th	New Shop 2019, Delhi (India), Series B	Chain of convenience retail stores	$4.87M	Anthill Ventures, Innopark & 48 others	54/100
43rd	AMPM 2018, Karnal (India), Seed	Retailer of multiple foods	$239K	Agility Ventures, India Accelerator & 36 others	31/100

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Founders (largest shareholder) own 60.23%, Funds own 2.85%, Enterprises own 1.75% and Angels own 26.90%. The net worth of AMPM's founders is INR 3.2Cr as of May 28, 2021. The cap table displayed below is for AM-PM STORE PRIVATE LIMITED which is the legal entity associated with AMPM.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	60.23%	3.2Cr	6276564	4775660	7025212	6724218
Naveen Ghalyan	7934406	8975911	5668041	5063989	8063678	5290834
Fund	2.85%	15.1L	62	95	21	85
Enterprise	1.75%	9.25L	3	8	1	7
Angel	26.90%	1.43Cr	7140741	3090630	4638248	1125632
Shammi Aggarwal	363409	438270	755294	138099	134842	670185
Gaurav Khettarpal	0	0	0	0	0	0
Other People	8.28%	43.9L	5760908	9901902	8151188	2697740
Total	100.00%	5.31Cr	7480462	3847053	7437158	7760714