When was V2-Retail founded?

V2-Retail was founded in 2001 and raised its 1st funding round 16 years after it was founded.

Where is V2-Retail located?

V2-Retail is headquartered in Delhi, India. It is registered at KHASRA NO.919-928, UGF, KAPASHERA OPP- FUNFOOD VILLAGE, South West Delhi, NEW DELHI, Delhi, India, 110037.

Which legal entities is V2-Retail associated with?

V2-Retail is associated with V2 SMART MANUFACTURING PRIVATE LIMITED and 2 others.

How many employees does V2-Retail have?

As of Oct 31, 2026, the latest employee count at V2-Retail is 3032.

Is V2-Retail a funded company?

V2-Retail is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Oct 16, 2017.

How much is V2-Retail worth?

The last known valuation of V2-Retail was $***** as of Mar 14, 2011.

When was the latest funding round of V2-Retail?

V2-Retail's latest funding was a $***** Post IPO round on Oct 16, 2017, with participation from 1 investor. Its primary sector is Retail Chains. In India, the Retail Chains sector has seen $87.3M in funding in 2026 to date.

What is the annual revenue of V2-Retail?

Annual revenue of V2-Retail is more than ₹1,000 Cr as on Mar 31, 2026

Where does V2-Retail rank among its competitors?

V2-Retail ranks 4th amongst 176 active competitors, of which 10 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Style Baazar, which secured $8.94M in Apr, 2026.

Who are the top competitors of V2-Retail?

V2-Retail's top competitors include Fabindia, American Eagle Outfitters and Style Baazar. Among them, Style Baazar secured the most recent funding round in April, 2026.

V2-Retail - 2026 Company Profile, Team, Funding, Competitors & Financials

V2-Retail is an acquired company based in Delhi (India), founded in 2001 by Ram Chandra Agarwal. It operates as a Chain of apparel stores. V2-Retail has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 176 active competitors, including 10 funded and 28 that have exited. Its top competitors include companies like Fabindia, American Eagle Outfitters and Style Baazar.

Company Details

Website: v2retail.com
Social
Phone Number: +91 **********
Registered Address: KHASRA NO.919-928, UGF, KAPASHERA OPP- FUNFOOD VILLAGE, South West Delhi, NEW DELHI, Delhi, India, 110037

Key Metrics

Founded Year

2001

Location

Delhi, India

Stage

Acquired

Latest Funding Round

Post IPO, Oct 16, 2017, $*****

Last Known Valuation

$***** as on Mar 14, 2011

Investors

Lighthouse & 1 more

Ranked

4^th among 176 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

3,032 as on Oct 31, 2026

Similar Companies

Gap & 761 more

Exit Details

Acquired by TPG (Mar 14, 2011)

View V2-Retail's full profile

V2-Retail is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
VISHAL WATERWORLD PRIVATE LIMITED CIN: U93090DL1999PTC196633 , India, Active	May 07, 1999	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
V2 SMART MANUFACTURING PRIVATE LIMITED CIN: U18209DL2019PTC356730 , India, Active	Oct 25, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	844 (As on Jan 31, 2025)
V2 RETAIL LIMITED CIN: L74999DL2001PLC147724 , India, Active	Jul 23, 2001	₹1,000+ Cr (As on Mar 31, 2026)	10344 (As on Mar 01, 2026)

V2-Retail got acquired by TPG and Shriram Capital on Mar 14, 2011 at an acquisition amount of $*****.

Click here to take a look at V2-Retail's acquisition in detail

V2-Retail has raised funding over 1 round. Its latest funding round was a Post IPO round on Oct 16, 2017 for $*****. 1 investor participated in its latest round. V2-Retail has 2 institutional investors.

Here is the list of recent funding rounds of V2-Retail:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 16, 2017	3826404	Post IPO	1421786	3343816	8008320	8883072

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View details of V2-Retail's funding rounds and investors

The founders of V2-Retail is Ram Chandra Agarwal. Akash Agarwal is the CEO of V2-Retail.

Here are the details of V2-Retail's key team members:

Ram Chandra Agarwal: Founder & Chairman & Managing Director of V2-Retail. They serve on the board of 1 company.
Akash Agarwal: CEO of V2-Retail.

View details of V2-Retail's Founder profiles and Board Members

V2-Retail's employee count trend

V2-Retail has 3,032 employees as of Oct 26. Here is V2-Retail's employee count trend over the years:

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Top competitors of V2-Retail include Fabindia, American Eagle Outfitters and Style Baazar. Here is the list of Top 10 competitors of V2-Retail, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fabindia 1960, Delhi (India), Series B	Internet first brand of ethnic wear, home furniture, and home decor products	$46.2M	Premji Invest, Wolfensohn Capital Partners ... & 30 others	71/100
2nd	American Eagle Outfitters 1977, Pittsburgh (United States), Funding Raised	Company offering multi-category fashion products for men and women	-	Terbell Partners, PNC	69/100
3rd	Style Baazar 2013, Kolkata (India), Public	Retail chain of clothing and accessories	$22.4M	Chandurkar Investments, Intensive Fiscal Services ... & 39 others	67/100
4th	V2-Retail 2001, Delhi (India), Acquired	Chain of apparel stores	-	Lighthouse, Brand Capital	66/100
5th	Pantaloons 1997, Mumbai (India), Acquired	Provider of online fashion apparel and home goods	-	Franklin Templeton India, Brand Capital	65/100
6th	Shoppers Stop 1991, Mumbai (India), Public	Retailer of apparel beauty products home goods and fashion accessories	$1.2M	Amazon, IIML	65/100
7th	Aza 2005, Mumbai (India), Series A	Retailer of luxury Indian designer fashion including bridal couture, occasionwear, contemporary clothing, jewellery and accessories	$17.6M	The Alka Family Trust, Techpro Ventures & 9 others	64/100
8th	Citykart 2015, Gurugram (India), Series B	Chains providing affordable fashion apparel, footwear, accessories, and household essentials for families	$29M	A91 Partners, Investcorp & 6 others	63/100
9th	The Children's Place 1969, Secaucus (United States), Acquired	Specialty retailer of children's apparel and accessories	-	-	63/100
10th	Buckle 1948, Kearney (United States), Public	Casual apparel retailer	-	-	62/100

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V2 RETAIL LIMITED, the legal entity associated with V2-Retail, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of V2 RETAIL LIMITED has a compounded annual growth rate (CAGR) of 63% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	1151	5887	7099	9341	4395
Total Sales	6139	9644	9161	4976	4008
Total Expenses	2273	2615	1403	2984	7210
Operating Expenses	7944	6329	8584	6960	1764
Employee Expenses	8086	5742	1170	7099	1005
Marketing Expenses	2546	8480	1167	8050	5173
Operating Income (EBIT)	5611	3787	3274	6410	3601
Interest Expenses	4837	5736	4518	3237	9142
Expenses from other activities	1041	3393	8732	9563	7757
EBITDA	9530	8761	8374	2141	5477
Taxes	7974	4879	2904	9423	8231
Net Profit	5540	2913	7248	4376	3139
Balance Sheet
Assets	8140	8984	8904	6939	5281
Cash Equivalent	7932	1723	9981	2157	9072
Accounts Receivables	3183	2153	4513	3834	7883
Inventory	3005	8960	3959	9071	7304
Liabilities	9540	8476	4450	3644	3368
Total Debt	7379	8549	2631	1521	9119
Accounts Payable	6373	7983	8136	5376	9934
Equities	7341	1077	6036	4528	6147
Cashflow Statement
Cash from Operating activities	8709	7370	9484	7564	5961
Cash from Investing activities	9631	1624	8987	2126	8432
Net cash from Financing activities	8925	6351	9776	7445	1641