When was CityMall founded?

CityMall was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is CityMall located?

CityMall is headquartered in Gurugram, India. It is registered at 5, MCHS, 14th A Main, 15th Cross Sector 4,HSR Layout, Bangalore, Bangalore, Karnataka, India, 560102.

Who is the current CEO of CityMall?

Angad Vinod Kikla of CityMall. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is CityMall associated with?

CityMall is associated with CMUNITY INNOVATIONS PRIVATE LIMITED and 2 others.

How many employees does CityMall have?

As of May 31, 2026, the latest employee count at CityMall is 1284.

Is CityMall a funded company?

CityMall is a funded company, having raised a total of $154M across 11 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 03, 2019.

How much is CityMall worth?

The latest valuation of CityMall is ₹***** as of Aug 08, 2026. This marks a decline of 10% from its peak valuation of ₹3,060Cr in Jul, 2020. This marks a decline of 10% from its peak valuation of ₹3,060Cr in Jul, 2020.

When was the latest funding round of CityMall?

CityMall's latest funding was a $***** Series D round on Aug 08, 2026, with participation from 1 investor. Its primary sector is Online Grocery. In India, the Online Grocery sector has seen $345M in funding in 2026 to date.

What is the annual revenue of CityMall?

Annual revenue of CityMall is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

CityMall - 2026 Company Profile, Team, Funding & Financials

Company Details

Retailer of groceries, fashion, home essentials, and personal care products. The company offers a wide range of products including staples, edible oils, spices, dairy, fruits, vegetables, beauty and cosmetic items, electronics, and apparel for men, women, and children. It provides a comprehensive online shopping platform for household supplies, kitchen appliances, and personal care tools.

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

Series D, Aug 08, 2026, $*****

Post Money Valuation

₹***** as on Aug 08, 2026

Investors

Accel & 57 more

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,284 as on May 31, 2026

Similar Companies

Best Food Market & 2 more

View CityMall's full profile

CityMall is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
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)

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 33 institutional investors and 25 angel investors.

Here is the list of recent funding rounds of CityMall:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 08, 2026	4553511	Series D	5008090	2547720	6639010	9131536
Sep 01, 2025	3236460	Conventional Debt	9037433	3404954	3015071	1098051
Aug 02, 2025	7854413	Series D	2534020	2708816	Accel	WaterBridge & 8 more

Access funding benchmarks and valuations. Sign up today!

View details of CityMall's funding rounds and investors

The 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 and founder of 1 other company. 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
Angad Vinod Kikla	Team	-	Current	6y 6m
Naisheel Verdhan	Team	-	Current	6y 6m
dcvmkef	Team	-	Current	7y 5m

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:

Uncover CityMall's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

CMUNITY INNOVATIONS PRIVATE LIMITED, the legal entity associated with CityMall, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of CMUNITY INNOVATIONS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 20% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	9307	6648	7249	3065	9120
Total Sales	6569	1521	6427	9670	5172
Total Expenses	9224	5558	4412	3307	7921
Operating Expenses	4639	1843	3232	1936	4101
Employee Expenses	8500	5810	9103	9138	1801
Marketing Expenses	8323	2987	7922	6503	3985
Operating Income (EBIT)	9875	3504	9484	5746	5480
Interest Expenses	4512	8659	9047	5808	3753
Expenses from other activities	1774	7667	8521	8025	6977
EBITDA	2206	4028	8970	5232	6655
Taxes	8146	7707	1138	4787	9790
Net Profit	5315	8000	1838	1506	1859
Balance Sheet
Assets	1925	8830	6331	5576	9805
Cash Equivalent	5024	1356	9825	5958	5408
Accounts Receivables	6950	3695	1886	3150	4922
Inventory	1114	6825	8052	6198	6827
Liabilities	4810	9349	4962	7197	6451
Total Debt	9906	6029	2174	5589	2430
Accounts Payable	6390	2090	8857	5267	4648
Equities	3824	7602	4394	8386	6376
Cashflow Statement
Cash from Operating activities	9001	6703	5565	1900	7634
Cash from Investing activities	1750	9556	2117	2587	1104
Net cash from Financing activities	6753	6765	8667	3038	2140

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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. The cap table displayed below is for CMUNITY INNOVATIONS PRIVATE LIMITED which is the legal entity associated with CityMall.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	15.68%	437Cr	4901998	2624325	3660271	3134754
Angad Vinod Kikla	3047957	1486239	4158277	8840533	2958184	7300796
Naisheel Verdhan	46313	74926	95963	80145	87455	46108
Fund	74.31%	2,070Cr	3287672	3092062	6941293	7634066
Accel	9682292	9748949	7143227	3074262	9717053	9636642
WaterBridge	17841	63682	72870	52577	63651	59215
Alteria Capital	0	0	0	0	0	0
Trifecta Capital	0	0	0	0	0	0
Stride Ventures	0	0	0	0	0	0
Enterprise	0.20%	5.69Cr	0	0	0	0
Angel	2.32%	64.5Cr	78	41	93	39
ESOP Pool	7.49%	208Cr	3530074	9106540	4768234	5029879
Total	100.00%	2,780Cr	6858957	6486583	7398341	2328748