1-India Family Mart

2021-06-12T07:09:22Z

2401:4900:4831:86BD:D491:DA7E:A950:CD32: /* References */

{{Use dmy dates|date=July 2019}}
{{Infobox company
| name = 1-India Family Mart
| logo = 1-India Family Mart-logo.png
| logo_caption =
| image =
| image_caption =
| type = [[Privately held company|Private]]
| industry = [[Retail]]
| traded_as =
| foundation = {{ubl
| {{Start date and age|2012}}
}}
| founder = Jay Prakash Shukla and Ravinder Singh
| location = [[Delhi]], [[India]]
| locations = 100 Stores (21 November 2019)<ref>{{cite web |url = https://www.moneycontrol.com/news/business/retail-chain-1-india-family-mart-in-talks-with-pe-players-for-fund-raising-eyes-ipo-in-2021-4259911.html|title = Retail Chain 1-India Family Mart in talks with PE players for fund raising; eyes IPO in 2021|publisher = Moneycontrol|access-date = 29 July 2019}}</ref>
| area_served = India
| key_people = {{unbulleted list|Jay Prakash Shukla|{{small|([[Co-founder]] & [[CEO]])}}|Ravinder Singh|{{small|([[Co-founder]] & COO)}}}}
| products =
| services =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| owner = Nysaa Retail Pvt. Ltd.<ref name="thehindubusinessline"/>
| num_employees =
| parent =
| divisions =
| homepage = {{URL|https://1indiafamilymart.com}}
}}
'''1-India Family Mart''' is a chain of value [[retail stores]] in [[India]] operated by Nysaa Retail Pvt. Ltd.<ref>{{cite news|title=Retail Chain 1-India Family Mart in talks with PE players for fund raising; eyes IPO in 2021|publisher=Money Control|url=https://www.moneycontrol.com/news/business/retail-chain-1-india-family-mart-in-talks-with-pe-players-for-fund-raising-eyes-ipo-in-2021-4259911.html|access-date=29 July 2019}}</ref><ref>{{cite news|title=व्यावसायिक प्रगति की ओर बढ़ रहा लातेहार : भारती|url=https://www.jagran.com/jharkhand/latehar-one-india-family-mart-open-in-latehar-17673784.html|publisher=[[Dainik Jagran]]|language=hi|access-date=1 August 2018}}</ref> The chain has the total of 100 stores across 81 cities of East and North of India.<ref name="businessworld">{{cite news|title=1-India Family Mart Launches the 50th Flagship Store in Ranchi|url=http://bwdisrupt.businessworld.in/article/1-India-Family-Mart-Launches-the-50th-Flagship-Store-in-Ranchi/02-04-2018-145101/|publisher=[[BusinessWorld]]|access-date=1 August 2018}}</ref><ref>{{Cite web|title=1-India Family Mart in talks to raise funds, to open 40 new stores|url=https://in.fashionnetwork.com/news/1-india-family-mart-in-talks-to-raise-funds-to-open-40-new-stores,1124756.html|access-date=2020-06-28|website=FashionNetwork.com|language=en-IN}}</ref> 1-India Family Mart has established the first store in [[Uttar Pradesh]] and later has expanded operations across [[Bihar]], [[Chhattisgarh]], [[Uttrakhand]], [[Jharkhand]], [[Madhya Pradesh]], Odisha and the North East.<ref name="economictimes">{{cite news|last1=Dutta|first1=Vishal |title=Carpediem capital PE invests Rs 41.5 crore in 1-India Family Mart|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/carpediem-capital-pe-invests-rs-41-5-crore-in-1-india-family-mart/articleshow/62549232.cms|publisher=[[The Economic Times]]|access-date=1 August 2018}}</ref><ref>{{cite news|title=1-India Family Mart draws up 200 crore expansion plan|url=https://www.thehindu.com/business/1-india-family-mart-draws-up-200-crore-expansion-plan/article24146981.ece|publisher=[[The Hindu]]|access-date=1 August 2018}}</ref>

== History ==
1-India Family Mart was established in 2012<ref>{{Cite web|title=Apparel makers ring in an early festive season thanks to tax sops; consumer spend set to rise - ET BrandEquity|url=https://brandequity.economictimes.indiatimes.com/news/industry/apparel-makers-ring-in-an-early-festive-season-thanks-to-tax-sops-consumer-spend-set-to-rise/71303603|last=www.ETBrandEquity.com|website=ETBrandEquity.com|language=en|access-date=2020-05-07}}</ref><ref>{{Cite news|last=Dutta|first=Vishal|date=2019-02-26|title=Nysaa hires former ShopClues, V-Mart CFO to head group finance|work=The Economic Times|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/nysaa-hires-former-shopclues-v-mart-cfo-to-head-group-finance/articleshow/68163253.cms|access-date=2020-05-07}}</ref> and began operations in 2013. The retail chain was co-founded by Jay Prakash Shukla and Ravinder Singh.<ref name="thehindubusinessline">{{cite news|last1=Kurup|first1=Rajesh |title=Nysaa Retail plans to invest 200 cr to open 100 more stores across India|url=https://www.thehindubusinessline.com/news/nysaa-retail-plans-to-invest-200-cr-to-open-100-more-stores-across-india/article24138439.ece|publisher=[[Business Line]]|access-date=1 August 2018}}</ref> Nysaa Retail Pvt. Ltd. is the parent company of 1-India Family Mart.<ref name="thehindubusinessline"/> JP Shukla CEO and co founder of family mart is also known to be very fond of poetry and is a fan of TS Elliot's work<ref>{{Cite news|last=Rebello|first=Maleeva|title=1-India Family Mart CEO loves reading TS Eliot, feels his poems are complex, disruptive|work=The Economic Times|url=https://economictimes.indiatimes.com/magazines/panache/1-india-family-mart-ceo-loves-reading-ts-eliot-feels-his-poems-are-complex-disruptive/articleshow/76980969.cms|access-date=2021-01-07}}</ref>

== 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.<ref name="thehindubusinessline"/><ref name="businessworld"/><ref name="economictimes"/><ref>{{cite news|title=Carpediem Capital invests USD 6.5 mn in 1-India Family Mart - Asian News International |url=https://www.aninews.in/news/business/business/carpediem-capital-invests-usd-65-mn-in-1-india-family-mart201801181604180001/|publisher=[[Asian News International]]|date=18 January 2018|access-date=1 August 2018}}</ref><ref>{{cite news|title=Carpediem Capital invests USD 6.5 mn in 1-India Family Mart|url=https://www.business-standard.com/article/news-ani/carpediem-capital-invests-usd-6-5-mn-in-1-india-family-mart-118011800810_1.html|newspaper=[[Business Standard]]|access-date=1 August 2018}}</ref> In May 2019, company got its second round [[funding]] as external debt of amount 20 crore by a consortium led by APAC Financial Service.<ref>{{Cite web|url=https://retail.economictimes.indiatimes.com/news/industry/1-india-family-mart-raises-debt-funding-of-rs-20-cr/69143190|title=1-India Family Mart raises debt funding of Rs 20 cr|last=Dubey|first=Sandeep|date=2019-05-02|website=ET Retail|language=en|access-date=2019-07-30}}</ref><ref>{{Cite news|url=https://www.business-standard.com/article/pti-stories/1-india-family-mart-raises-rs-20-cr-119050200675_1.html|title=1-India Family Mart raises Rs 20 cr|agency=Press Trust of India|date=2019-05-02|newspaper=Business Standard India|access-date=2019-07-30}}</ref>

== See also ==
* [[Retailing in India]]
* [[List of supermarket chains in India]]
* [[Big Bazaar]]

== References ==
{{reflist}}
{{Portal bar|Internet|Companies|India}}
good brand a.r mobiles in wekipediya tamilnadu

== External links ==
* {{Official website|https://1indiafamilymart.com/}}

[[Category:Online retailers of India]]
[[Category:Retail companies of India]]
[[Category:Retail companies established in 2012]]
[[Category:Companies based in Delhi]]
[[Category:Indian brands]]

{{India-company-stub}}

Bharatpedia - User contributions [en]

1-India Family Mart