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Startup Atlas · Grocery Delivery

Apna Mart

Fleet Labs Technologies Private Limited Gurugram, Haryana Founded 2021 apnamart.in ↗
Abhishek Singh · Co-founder & CEO Chetan Garg · Co-founder & COO
$50.13 MnTotal funding (tracked)
4Funding rounds
30 Jul 2026Last round

Apna Mart: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

15-minute grocery & FMCG delivery, franchise-backed

Guarantees grocery and FMCG delivery within 15 minutes, combining online ordering with physical franchise/brick-and-mortar stores rather than pure dark-store infrastructure.

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Customer Segments

Tier II & III city grocery shoppers

Consumers in India's smaller Tier II and Tier III cities, an underserved segment relative to metro-focused quick-commerce rivals.

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Customer Relationships

Loyalty program for repeat purchases

Apna Mart runs a loyalty program as part of its store technology stack, rewarding customers for repeat purchases to build retention in its Tier II/III city markets.

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Kirana-style trust and personal connect

Apna Mart frames its customer experience as modern retail pricing and assortment delivered with the trust and personal relationship shoppers associate with a traditional neighborhood kirana store.

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Omnichannel: in-store or online ordering

Customers can shop in person at a nearby franchise store or order online, giving Apna Mart both a self-service digital channel and a personal in-store relationship with shoppers.

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Channels

Franchise outlet network

Delivers a wide product range (groceries, appliances, personal care, beverages, stationery) via a network of franchise outlets rather than company-run dark stores.

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Key Activities

Tech-enabled inventory and delivery-route management

Apna Mart runs an omnichannel tech stack across its franchise network that gives real-time visibility into stock levels store-by-store, supporting its rapid-delivery promise.

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Key Resources

Franchise store network doubling as dark-store fulfillment infrastructure

Apna Mart's core operating asset is its network of neighbourhood franchise stores, each of which also functions as the local fulfillment hub for quick delivery, letting the company skip building separate dark-store/warehouse infrastructure.

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Key Partnerships

Franchise partner support model

Apna Mart recruits independent franchise operators and backs each one with company-provided team support, tools, and time to set up and run their own branded store.

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FMCG brand and supplier partnerships

Apna Mart partners with national and regional consumer goods brands, recruiting them to launch and distribute products through its store network across Tier II and III cities.

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Revenue Streams

One-time franchise/brand fee, no ongoing royalty

Per a franchise-directory listing (third-party, self-reported terms, not confirmed by the company directly), Apna Mart charges new franchise partners a one-time franchise/brand fee of around INR 2 lakh but takes no ongoing royalty or commission on franchisee sales.

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Cost Structure

Cost of materials/goods procurement is the dominant expense58.6% of total expenses (FY23)

As a marketplace-style grocery/FMCG distributor supplying its franchise network, Apna Mart's largest cost line by far is procurement of goods sold, per its FY23 financial breakdown.

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FAQs on Apna Mart

What is Apna Mart's business model?

Apna Mart's core value proposition centers on 15-minute grocery & FMCG delivery, franchise-backed.

How does Apna Mart make money?

Apna Mart's cited revenue streams include One-time franchise/brand fee, no ongoing royalty.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com · Last verified 26 Aug 2026. · Report a correction