Retail startups in India
There are 39,139 Retail startups in India which include Flipkart, Nykaa, Delhivery, Lenskart, Myntra. Out of these, 3,799 startups are funded, with 1,250 having secured Series A+ funding, and 40 achieving unicorn status.
Over the past 10 years, an average of 2,341 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Delhi, IIT Bombay and BITS Pilani.
Here is the list of top Retail startups in India

1. Flipkart
Online marketplace platform offering multi-category consumer products and accessories. The product catalog includes fashion, beauty, pet supplies, stationery, smoking, books, arts, gadgets, groceries, baby care, health care, home improvement products, vehicles, and more. The company also offers refurbished electronics from various sellers. It also allows users to book flights through the application. It also ventures into quick commerce with services like Flipkart Minutes for ultra-fast deliveries, and integrates digital payment solutions. Its mobile application is available for Android and iOS users.
Key facts about Flipkart
- Founded Year: 2007
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $12.1B
- Investors: Tiger Global Management, Naspers and 126 Others
- Latest Funding Round: Series J, May 25, 2024, $*****
- Tracxn Score: 90/100 What is this?
- Competitors Rank: 1 of 2,542 Competitors

2. Nykaa
Retailer of cosmetics, skincare, haircare, and beauty accessories via online channels. The company provides various face serums, toners, hair serums, and exfoliators. It offers trending makeup and routines. The business model includes new product launches and beauty advice.
Key facts about Nykaa
- Founded Year: 2012
- Location: Mumbai (India)
- Stage: Public
- Total Funding till date: $103M
- Investors: TVS Capital Funds, Steadview and 71 Others
- Latest Funding Round: Series E, Mar 31, 2020, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 191 Competitors
3. Delhivery
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services. It provides services to businesses and individuals. It is an integrated 3PL service provider and offers a comprehensive suite of solutions to clients across various industries. It enables logistics management, allowing clients to track their shipments and manage their delivery operations. Its solutions include last-mile delivery service, third-party and transit warehousing, reverse logistics, payment collection, vendor-to-warehouse and customer shipping, and more.
Key facts about Delhivery

4. Lenskart
Online brand offering eyewear for men, women and kids. The product catalog includes sunglasses, contact lenses, screen glasses, progressive glasses, computer glasses, reading glasses, kids glasses and more from different brands. It also enables users to virtually try the glasses and home eye test on the mobile application. It operates as a vertically integrated firm, designing, manufacturing, distributing, and retailing prescription and regular eyewear. The application is available on both iOS and Android platforms.
Key facts about Lenskart
- Founded Year: 2010
- Location: Gurugram (India)
- Stage: Series I
- Total Funding till date: $1.08B
- Investors: Unilazer Ventures, TPG and 54 Others
- Latest Funding Round: Series I, Jul 21, 2023, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 53 Competitors
5. Myntra
Online marketplace offering multi-category fashion and lifestyle products. The product catalog includes apparel, footwear, jewelry, watches, handbags, wallets, headwear, belts, eyewear, and more. It also offers beauty, electronics, and home improvement products. The application is available on both iOS and Android platforms. It allows centralized management of orders, real-time tracking, shipping automation with multiple carriers.
Key facts about Myntra
- Founded Year: 2007
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $125M
- Investors: Tiger Global Management, Chiratae Ventures and 24 Others
- Latest Funding Round: Series E, Jan 27, 2014, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 2 of 2,950 Competitors