1-India Family Mart

1-India Family Mart
Private
Industry Retail
Founded
  • 2012 (2012)
Founder Jay Prakash Shukla and Ravinder Singh
Headquarters Delhi, India
Number of locations
 56[1]
Area served
 India
Key people
 Jay Prakash Shukla (Co-founder & CEO)
Ravinder Singh (Co-founder & COO)
Owner Nysaa Retail Pvt. Ltd.[1]
Website 1indiafamilymart.com

1-India Family Mart is a chain of value retail stores in India operated by Nysaa Retail Pvt. Ltd.[2][3] The chain has the total of 56 stores across East and North of India.[4] 1-India Family Mart has established the first store in Uttar Pradesh and later has expanded operations across Bihar, Chhattisgarh, Uttrakhand, Jharkhand, Madhya Pradesh, and the North East.[5][6]

History

1-India Family Mart was established in 2012 and was began operations in 2013. The retail chain was co-founded by Jay Prakash Shukla and Ravinder Singh.[1] Nysaa Retail Pvt. Ltd. is the parent company of 1-India Family Mart.[1]

Funding

In 2017, 1-India Family Mart has raised a funding of $6.5 million (42.5 crore) from domestic private equity fund Carpediem Capital.[1][4][7][5][8]

See also

References

  1. 1 2 3 4 5 Kurup, Rajesh. "Nysaa Retail plans to invest 200 cr to open 100 more stores across India". Business Line. Retrieved 1 August 2018.
  2. ↑ Roy, Debjyoti. "Carpediem strikes fifth deal, backs retail chain 1-India Family Mart". VCCircle. Retrieved 1 August 2018.
  3. ↑ "व्यावसायिक प्रगति की ओर बढ़ रहा लातेहार : भारती" (in Hindi). Dainik Jagran. Retrieved 1 August 2018.
  4. 1 2 "1-India Family Mart Launches the 50th Flagship Store in Ranchi". BusinessWorld. Retrieved 1 August 2018.
  5. 1 2 Dutta, Vishal. "Carpediem capital PE invests Rs 41.5 crore in 1-India Family Mart". The Economic Times. Retrieved 1 August 2018.
  6. ↑ "1-India Family Mart draws up 200 crore expansion plan". The Hindu. Retrieved 1 August 2018.
  7. ↑ "Carpediem Capital invests USD 6.5 mn in 1-India Family Mart - Asian News International". Asian News International. 18 January 2018. Retrieved 1 August 2018.
  8. ↑ "Carpediem Capital invests USD 6.5 mn in 1-India Family Mart". Business Standard. Retrieved 1 August 2018.
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