CityMall - About the company
CityMall is a series D company based in Gurugram (India), founded in 2019 by Angad Vinod Kikla, Naisheel Verdhan, Divij Goyal and Rahul Gill. It operates as an Online marketplace connecting consumers in emerging urban and rural markets with a wide range of grocery, fashion, and home products. CityMall has raised $154M in funding from investors like Accel, Venture Catalysts and General Catalyst, with a current valuation of ₹*****. The company has 1846 active competitors, including 36 funded and 15 that have exited. Its top competitors include companies like Flipkart, Amazon and Meesho.
Company Details
Online marketplace connecting consumers in emerging urban and rural markets with a wide range of grocery, fashion, and home products. It is a digital marketplace that offers a broad assortment of products—including groceries, fashion, and home essentials—through a mobile app and web portal. The platform focuses on consumers in smaller urban and rural markets, providing a convenient online shopping experience tailored to local needs. It operates as a social commerce venture, leveraging community engagement to drive product discovery and purchase decisions.
- Website
- citymall.live
- Social
- Email ID
- *****@citymall.live
- Registered Address
- 5, MCHS, 14th A Main, 15th Cross Sector 4,HSR Layout, Bangalore, Bangalore, Karnataka, India, 560102
Key Metrics
Founded Year
2019
Location
Gurugram, India
Stage
Series D
Total Funding
$154M in 11 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 08, 2026
Ranked
6th among 1846 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
1,284 as on May 31, 2026
Legal entities associated with CityMall
CityMall is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RASHANBOX RETAIL PRIVATE LIMITED CIN: U52190HR2020PTC086114 , India, Active | Apr 20, 2020 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 60 (As on May 31, 2026) | |
CMUNITY INNOVATIONS PRIVATE LIMITED CIN: U51909HR2020PTC086109 , India, Active | Apr 15, 2020 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1224 (As on May 01, 2026) | |
SHOPPIST INNOVATIONS PRIVATE LIMITED CIN: U74900KA2015PTC083893 , India, Active | Nov 05, 2015 | 0 - ₹10 Cr (As on Mar 31, 2019) | 12 (As on Jun 30, 2020) |
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CityMall's funding and investors
CityMall has raised a total funding of $154M over 11 rounds. Its first funding round was on Oct 03, 2019. Its latest funding round was a Series D round on Aug 08, 2026 for $*****. 1 investor participated in its latest round. CityMall has 32 institutional investors and 25 angel investors.
Here is the list of recent funding rounds of CityMall:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 08, 2026 | 9535913 | Series D | 5665580 | 2126199 | 5386233 | 9986326 |
Sep 01, 2025 | 8050375 | Conventional Debt | 6226682 | 7921857 | 1965193 | 5574681 |
Aug 02, 2025 | 8802183 | Series D | 2907666 | 9944073 |
Access funding benchmarks and valuations. Sign up today!View details of CityMall's funding rounds and investors
CityMall's founders and board of directors
Founder? Claim ProfileThe founders of CityMall are Angad Vinod Kikla, Naisheel Verdhan, Divij Goyal and Rahul Gill. Angad Vinod Kikla is the CEO of CityMall.
Here are the details of CityMall's key team members:
- Angad Vinod Kikla: Co-Founder & CEO of CityMall and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Naisheel Verdhan: Co-Founder & CTO of CityMall. They are also an angel investor in 1 startup.Contact Info: 2 email addresses and 1 phone number
- Divij Goyal: Former Co-Founder of CityMall and founder of 3 other companies, Shoppist, TradeX and AdOnStream. They serve on the board of 1 company.Contact Info: 1 email address
- Rahul Gill: Co-Founder of CityMall. Contact Info: 1 email address
CityMall's Board of Directors
CityMall's board has 3 active members. Angad Vinod Kikla, Mukul Arora and Naisheel Verdhan are part of team.Here is the list of CityMall's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 5m | |
Team | - | Current | 6y 5m | |
zaep{iu | Team | - | Current | 2y 1m |
View details of CityMall's Founder profiles and Board Members
CityMall's employee count trend
CityMall has 1,284 employees as of May 26. Here is CityMall's employee count trend over the years:
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CityMall's Competitors and alternates
Top competitors of CityMall include Flipkart, Amazon and Meesho. Here is the list of Top 10 competitors of CityMall, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of various products including electronics, fashion, and groceries | $12.1B | 89/100 | ||
2nd |  Amazon 1994, Seattle (United States), Public | Online marketplace and cloud computing provider | $8M | 85/100 | |
3rd | Online marketplace providing a platform for individuals and small businesses to sell products across various categories | $1.63B | 84/100 | ||
4th | Online marketplace offering multi-category products from independent designers | $98M | 83/100 | ||
5th | eBay 1995, San Jose (United States), Public | Online retailer of electronics, cars, fashion, collectibles, sports, and more | - | 79/100 | |
6th | Online marketplace connecting consumers in emerging urban and rural markets with a wide range of grocery, fashion, and home products | $154M | 79/100 | ||
7th | Lifelong Online 2015, Gurugram (India), Acquired | Private label brand of home appliances | $37.1M | 75/100 | |
8th | Online retailer of clothing, shoes, and home decor items | $1.77B | 73/100 | ||
9th | Nykaa Fashion 2012, Mumbai (India), Unfunded | Retailer of apparel, accessories, beauty products, home décor, and tech | - | - | 72/100 |
10th | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $980M | 71/100 |
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CityMall's Latest cap tables and shareholding
Founders own 15.68%, Funds (largest shareholder) own 74.31%, Enterprises own 0.20% and Angels own 2.32%. The net worth of CityMall's founders is INR 437Cr as of Aug 08, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 15.68% | 437Cr | 2772532 | 5832550 | 2677502 | 2515987 |
5113413 | 3685813 | 9223418 | 5271557 | 8895899 | 8765497 | |
95719 | 63684 | 24817 | 58379 | 35881 | 63963 | |
Fund | 74.31% | 2,070Cr | 6043597 | 4361255 | 9032885 | 8053494 |
1258834 | 5289534 | 3628439 | 8227616 | 9677779 | 4385027 | |
42532 | 96443 | 74197 | 49253 | 62937 | 37091 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.20% | 5.69Cr | 0 | 0 | 0 | 0 |
Angel | 2.32% | 64.5Cr | 93 | 69 | 87 | 91 |
ESOP Pool | 7.49% | 208Cr | 2344543 | 1022254 | 6728881 | 6844494 |
Total | 100.00% | 2,780Cr | 1064270 | 7796056 | 4393714 | 6647531 |
To unlock detailed Cap Table of CityMall Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of CityMall's Shareholding
CityMall's Investments and acquisitions
CityMall has made no investments or acquisitions yet.
Reports related to CityMall
Here is the latest report on CityMall's sector:
News related to CityMall
Filter this listMedia has covered CityMall for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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CityMall Reports Rs 534 Cr Revenue in FY25; Flour, Sugar, Oil, and Ghee Form 40%Entrackr•Feb 20, 2026•CityMall
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Accel leads $47 mn Series D in CityMallVCCircle•Sep 02, 2025•Citymall, Accel, Citius, Elevation Capital and 5 others
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CityMall to raise $38 Mn in Series D round at flat valuationEntrackr•Sep 01, 2025•CityMall, Accel, Citymall, WaterBridge
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Stanza Living and CityMall mull fresh funding at marked down valuationsMoneycontrol•Apr 30, 2025•Stanza Living, CityMall, OYO, udaan and 4 others
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How e-commerce moguls are mastering the art of growth and profitabilityFortune India•Apr 01, 2025•Amazon, Flipkart, Unicommerce, EY and 3 others
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CityMall to raise Rs 55 Cr in debt; expands ESOP poolEntrackr•Mar 12, 2025•CityMall, Trifecta Capital, Alteria Capital
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