Apna Mart Franchise
Franchise-led grocery chain in Jharkhand, Chhattisgarh and West Bengal; brand says Rs 30-50 L investment and 15-20 month break-even. Loss-making.
Apna Mart franchise at a glance (terms checked Nov 2026)
Investment
₹30 L - ₹50 L
Above the category (typical ₹19.5 L–₹35.48 L, median ₹31.25 L, 8 verified brands)
Ongoing take
Not published
Franchise fee
Not published
Payback
Not published
- Disputes with franchisees: None found (records checked 2026-11-01)
Outlets
100 (brand claim)
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Profit or loss
- • Revenue trend
Ask before you sign
- Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- Ask for the one-time franchise fee in writing, and whether any part is refundable.
- Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
Franchise terms checked against Apna Mart's official franchise page on 3 Nov 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Ways to Partner with Apna Mart
1 partner model published by the brand. Figures it doesn't publish are left blank.
Apna Mart franchise store
- Investment
- ₹30 L – ₹50 L
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- No prior retail experience needed, per the franchise FAQ
Open in two states only (not named in the FAQ) at the time of reading; the page's application form offers Chhattisgarh, Jharkhand and West Bengal. Store size, fee and margin not published.
Reported Elsewhere
Not verifiedApna Mart doesn't publish these figures. Other sources have reported them, so they're here to give you a rough idea only. They may be out of date or wrong, and the real numbers can differ a lot — get them from the brand in writing before you decide.
- FY24 revenue and lossReported by Entrackr, 24 Mar 2025, 2025-03-24 · As reported by Entrackr from company filings; company-level, not a store figure. Not read by us on MCA21.
- Revenue Rs 59.6 crore; loss Rs 33 crore*
- FY25 revenue and net lossReported by Inc42, 7 May 2026, 2026-05-07 · As reported by Inc42; company-level, not a store figure.
- Revenue Rs 190 crore; net loss Rs 75.8 crore*
What Apna Mart Says You Can Earn
Brand claimApna Mart's own claim — no evidence given. These are not FranchiseChuno's estimates or a promise of earnings; ask existing franchisees what they actually make.
- Operating break-evenMonths until monthly profit turns positive — not the same as getting your money back.
- 15 months – 20 months
Brand claim: 'break even in 15-20 months after opening'. The page does not define break-even (monthly operating profit vs recovery of investment) and shows no store P&L.
Reputation & News
2 red flags to checkWhat the press, courts and real franchisees or customers have said about Apna Mart — summarised by us, with every source linked.
- In the news· 2026-05-07
Apna Mart moves base to Gurugram, cuts about 10% of workforce
Inc42 (7 May 2026, citing the Economic Times) reported layoffs of about 35 to 40 staff, its first, with some roles cut as redundant due to AI and others because relocation was not feasible. It also reported a FY25 net loss of Rs 75.8 crore on revenue of Rs 190 crore.
Source: Inc42 - In the news· 2025-03-24
FY24 loss of Rs 33 crore on revenue of Rs 59.6 crore
Entrackr (24 Mar 2025) reported the loss widened 51.4% while revenue rose 85.6%, alongside a Rs 214.5 crore equity and debt round led by Fundamentum and Accel.
Source: Entrackr
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Not specifiedContract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—Who Can Apply for Apna Mart
Conditions the brand sets for partners, and the licences the business needs.
- Retail experience: Not requiredPreferred
About the Brand
Brand USP
Franchise-led grocery chain focused on non-metro cities, combining a store and a 10 to 15 minute delivery app.
Why invest in Apna Mart?
Apna Mart by the Numbers
Source marked on each figure100+
Stores · Undated; read 1 Nov 2026
Brand claim14 (Jharkhand, Chhattisgarh, West Bengal)
Cities served · May 2026
IndependentCities with Outlets
Show all 1 citiesHide the city list
Company Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Total funding raised
$40.0M+
Notable investors
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Apna Mart's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
Group companies
- Accel Indiashareholder · 20.91%
- Peak XVshareholder · 13.06%
- Fundamentum Partnership Fundshareholder · 11.39%
Source: Brand site and press reports; MCA21, GST portal, IP India, IBBI and eCourts were not read (checked 1 Nov 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Fleet Labs Technologies Pvt Ltd
- Company type
- Private limited company
Leadership
- AAbhishek SinghCo-founder
- CChetan GargCo-founder
Social presence
Company details source: Name as printed in the footer of apnamart.in. A CIN is printed there too but we could not find a second source for it and did not read MCA21, so it is not shown.
Apna Mart Timeline
2022
Founded
Per Inc42 (May 2026): founded by Abhishek Singh and Chetan Garg.
SourceMar 2025
Rs 214.5 crore equity and debt round
Rs 176.5 crore Series B preference shares plus Rs 38 crore debentures, led by Fundamentum and Accel, per Entrackr.
SourceMay 2026
Product and tech base moved to Gurugram; about 10% staff cut
Per Inc42 citing the Economic Times.
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Apna Mart looks once the numbers are checked side by side.
- •Investment in line with the Retail Stores medianMidpoint ₹40 L vs a category median of ₹31.3 L across brands on FranchiseChuno.
- •Brand operating for 4 yearsFounded in 2022. The brand doesn't state when franchising began.
- !2 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
64%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- â—‹ Franchise fee
- â—‹ Royalty
- ✓ ROI or payback claim
- â—‹ Agreement term
- ✓ Training details
- ✓ Outlet cities verified
- â—‹ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Apna Mart does and doesn't publish.
- 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
- 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 4Ask for the agreement term, renewal fee and exit or transfer terms.
- 5Ask whether you get an exclusive territory, and how large it is.
- 6Ask the brand to respond to each red flag listed under Reputation & News.
- 7Have a lawyer review the franchise agreement before paying anything.
- 8Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
—
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Training Programme
Ongoing Support
What Apna Mart franchisees say
We haven't yet heard from enough Apna Mart franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Apna Mart outlet — share how it wentFrequently Asked Questions
What is the total investment for a Apna Mart franchise?
When does a Apna Mart outlet break even?
What training does Apna Mart provide?
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