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 Aug 31, 2025, CityMall has 1871 employees, reflecting a 60% year-over-year decline in headcount.

Is CityMall a funded company?

CityMall is a funded company, having raised a total of $153M across 10 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 Jan 16, 2026. This marks a decline of 14% from its peak valuation of $346M in Jul, 2020. This marks a decline of 14% from its peak valuation of $346M in Jul, 2020.

When was the latest funding round of CityMall?

CityMall's latest funding was a $***** Conventional Debt round on Sep 01, 2025, with participation from 0 investor. Its primary sector is Social Commerce. In India, the Social Commerce sector has seen $17.5M 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

Where does CityMall rank among its competitors?

CityMall ranks 9th amongst 2358 active competitors, of which 46 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was CityMall, which secured $6M in Sep, 2025.

Who are the top competitors of CityMall?

CityMall's top competitors include Flipkart, Amazon and Snapdeal. Among them, CityMall secured the most recent funding round in September, 2025.

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

CityMall is a series D company based in Gurugram (India), founded in 2019 by Angad Vinod Kikla, Naisheel Verdhan and Divij Goyal. It operates as an Online marketplace offering multi-category products. CityMall has raised $153M in funding from investors like Accel, Elevation Capital and Trifecta Capital, with a current valuation of $*****. The company has 2358 active competitors, including 46 funded and 14 that have exited. Its top competitors include companies like Flipkart, Amazon and Snapdeal.

Company Details

Online marketplace offering multi-category products. It provides a wide selection that includes fashion, electronics, groceries, and daily-use items. The platform enables customers to explore different categories at competitive prices, catering to varied shopping needs.

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

$153M in 10 rounds

Latest Funding Round

Conventional Debt, Sep 01, 2025, $*****

Post Money Valuation

$***** as on Jan 16, 2026

Investors

Accel & 54 more

Ranked

9^th among 2358 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,871 as on Aug 31, 2025

Similar Companies

Flipkart & 3679 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
CMUNITY INNOVATIONS PRIVATE LIMITED CIN: U51909HR2020PTC086109 , India, Active	Apr 15, 2020	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1306 (As on Apr 01, 2025)
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)
RASHANBOX RETAIL PRIVATE LIMITED CIN: U52190HR2020PTC086114 , India, Active	Apr 20, 2020	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	88 (As on Aug 31, 2025)

CityMall has raised a total funding of $153M over 10 rounds. Its first funding round was on Oct 03, 2019. CityMall has 30 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
Sep 01, 2025	1590727	Conventional Debt	7696930	4931517	7882613	7126185
Aug 02, 2025	6076739	Series D	2007006	5140589	4576423	WaterBridge & 7 more
Mar 15, 2025	4368573	Venture Debt	1686280	8226552	6630014	Alteria Capital & 1 more

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View details of CityMall's funding rounds and investors

The founders of CityMall are Angad Vinod Kikla, Naisheel Verdhan and Divij Goyal. Angad Vinod Kikla and Sibasis Pati are the CEOs 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, TradeX, Shoppist and AdOnStream. They serve on the board of 1 company.
Contact Info: 1 email address

CityMall's Board of Directors

CityMall's board has 3 active members. Angad Vinod Kikla and Naisheel Verdhan are part of team and Mukul Arora is independent board member.

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

Name	Type	Representing	Status	Duration
Angad Vinod Kikla	Team	-	Current	6y 2m
Naisheel Verdhan	Team	-	Current	4y 5m
Mukul Arora	Independent board member	-	Current	4y 10m

View details of CityMall's Founder profiles and Board Members

CityMall's employee count trend

CityMall has 1,871 employees as of Aug 25. The total employee count is 60.0% lower than what it was in Aug 24. Here is CityMall's employee count trend over the years:

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Top competitors of CityMall include Flipkart, Amazon and Snapdeal. Here is the list of Top 10 competitors of CityMall, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flipkart 2007, Bengaluru (India), Acquired	Online retailer of various products including electronics, fashion, and groceries	$12.1B	Tiger Global Management, Naspers & 126 others	89/100
2nd	Amazon 1994, Seattle (United States), Public	Online marketplace and cloud computing provider	$8M	Kleiner Perkins, equitywestsecurities.com ... & 47 others	85/100
3rd	Snapdeal 2010, Gurugram (India), Series H	Online retailer of clothing, shoes, and home decor items	$1.77B	SoftBank Group, eBay & 56 others	84/100
4th	Meesho 2015, Bengaluru (India), Public	Online marketplace providing a platform for individuals and small businesses to sell products across various categories	$1.36B	Tiger Global Management, Peak XV Partners ... & 40 others	83/100
5th	eBay 1995, San Jose (United States), Public	Online retailer of electronics, cars, fashion, collectibles, sports, and more	-	Elliott Management, Starboard Value & 10 others	81/100
6th	Etsy 2005, Dublin (Ireland), Public	Online marketplace offering multi-category products from independent designers	$98M	Accel, Union Square Ventures & 24 others	81/100
7th	Amazon 2013, Bengaluru (India), Unfunded	Provider of an online marketplace for various products	-	-	74/100
8th	Lifelong Online 2015, Gurugram (India), Acquired	Private label brand of home appliances	$28.9M	Hero Enterprise Partner Ventures, Tanglin Venture Partners ... & 10 others	73/100
9th	CityMall 2019, Gurugram (India), Series D	Online marketplace offering multi-category products	$153M	Norwest, General Catalyst & 53 others	73/100
10th	Nykaa Fashion 2012, Mumbai (India), Unfunded	Retailer of apparel, accessories, beauty products, home décor, and tech	-	-	72/100

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Founders own 16.12%, Funds (largest shareholder) own 74.96%, Enterprises own 0.21% and Angels own 2.38%. The net worth of CityMall's founders is INR 437Cr as of Jan 16, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	16.12%	437Cr	4055618	5990333	8979271	7524987
Angad Vinod Kikla	4208390	5745546	5272273	9919056	3107546	6427899
Naisheel Verdhan	24952	39810	49623	96590	99120	93211
Fund	74.96%	2,030Cr	5329817	6978496	6468559	5307963
Elevation Capital	4574779	2759948	9986618	3276368	4129249	7421679
Accel	3528361	7441806	9545971	8499339	1563016	5506227
Norwest	922120	963442	154008	276331	923697	351866
Alteria Capital	0	0	0	0	0	0
Trifecta Capital	0	0	0	0	0	0
Enterprise	0.21%	5.69Cr	0	0	0	0
Angel	2.38%	64.5Cr	82	81	34	65
ESOP Pool	6.32%	171Cr	672429	179658	432908	272687
Total	100.00%	2,710Cr	3282802	3667704	7055720	4962212