MatsnRugs

MatsnRugs is part of Future Group, a retail conglomerate based in Mumbai, India, that operates a variety of multi-branded retail outlets including department stores, supermarkets, and convenience stores. The company excels in providing a wide range of products, including food, apparel, footwear, consumer electronics, and home improvement items. It also offers services such as life and non-life insurance, supply chain logistics for the food and FMCG sectors, and mobile telephony under the brand T24. In addition to its retail operations, Future Group engages in e-commerce through various platforms, enhancing customer access to its products. The company's commitment to community development is evident in its skill development programs aimed at improving employability for underprivileged youth. Through its extensive distribution network, Future Group ensures that its offerings reach even the smallest towns and cities across India.

Kishore Biyani

Founder and CEO

Rajesh Kalyani

CFO

John Landsverk

Vice President Business Affairs

8 past transactions

LivQuik

Corporate Round in 2018
LivQuik, incorporated in 2012, aims to simplify digital payments for both merchants and consumers. Licensed by the Reserve Bank of India as a Prepaid Payment Issuer, the company focuses on providing a range of digital payment solutions. In October 2018, Future Enterprises Limited acquired a majority stake in LivQuik, enhancing its capabilities within the Future Group's retail ecosystem. LivQuik's services are integrated across various retail properties, including well-known brands such as Big Bazaar, EasyDay, and eZone, among others. The company also operates the QuikWallet Payment Gateway, further expanding its footprint in the digital payments sector.

LivQuik

Acquisition in 2018
LivQuik, incorporated in 2012, aims to simplify digital payments for both merchants and consumers. Licensed by the Reserve Bank of India as a Prepaid Payment Issuer, the company focuses on providing a range of digital payment solutions. In October 2018, Future Enterprises Limited acquired a majority stake in LivQuik, enhancing its capabilities within the Future Group's retail ecosystem. LivQuik's services are integrated across various retail properties, including well-known brands such as Big Bazaar, EasyDay, and eZone, among others. The company also operates the QuikWallet Payment Gateway, further expanding its footprint in the digital payments sector.

Koovs

Post in 2018
Koovs plc supplies branded fashion garments and accessories through online fashion store, Koovs.com in India. The company offers dresses, tops, jumpsuits and playsuits, skirts, jeans, trousers and leggings, shorts, cardigans and pullovers, and coats and jackets for women; and shirts, T-shirts and polo shirts, jeans, vests, trousers and chinos, joggers, knitwear, shorts, hoodies and sweatshirts, coats and jackets, underwear and socks, loungewear, and tailoring for men. It also provides footwear for men and women; and bags and purses, wallets, accessories, sunglasses, jewelry, watches, and beauty products. The company was incorporated in 2012 and is based in London, the United Kingdom.

Vulcan Express

Acquisition in 2018
Vulcan Express Private Limited is a logistics company based in Gurugram, India, specializing in end-to-end logistics and supply chain solutions for the retail sector, particularly within the rapidly growing e-commerce industry. Founded in 2013, the company provides a comprehensive range of services that include first mile operations such as inbound logistics, warehousing, and consolidation, as well as surface and air line-haul transportation, last mile delivery, and reverse logistics. Vulcan Express aims to enhance customer experience by utilizing technology and an integrated network to deliver value-added services efficiently and cost-effectively. With a team that boasts over 100 years of collective experience in the logistics and e-commerce sectors, the company is well-equipped to meet the diverse needs of its clients, ensuring timely and economical service delivery.

hypercity

Acquisition in 2017
Hypercity Retail (India) Limited operates a chain of hypermarkets in India, offering a wide range of household and consumer products. Established in 2004 and headquartered in Mumbai, the company has positioned itself as a significant player in the Indian retail market. As of March 2018, it functions as a subsidiary of Kalap Fabtraders Private Limited. Hypercity is part of the K. Raheja Corp Group, which is recognized for its influential role in the retail sector, having contributed to the growth of various retail formats, including Shoppers Stop and InOrbit Mall.

Sangam direct

Acquisition in 2016
Sangam Direct is a chain of retail stores earlier known as Sabka Bazaar.

FabFurnish

Acquisition in 2016
FabFurnish is an online shopping destination for furniture and home ware with a diverse range of products, ideas to grace your home and unmatched customer service. With our commitment to offer you a wide range of products that are value for money, we provide you a collection of unmatched styles and trends for your home. For all those who have dreamt of a perfect home and get inspired by style, comfort and luxury, here is a trustworthy, seamless, user friendly platform. Our reliable online shop and our world class customer service team would ensure that decorating your home is a hassle free and enjoyable experience.

Nilgiris 1905

Acquisition in 2014
Nilgiris 1905 is a supermarket chain operating in cities such as Chennai, Bangalore, and Coimbatore. The company specializes in providing a range of dairy and bakery products, which include items like milk, cheese, curd, ghee, cream, and various baked goods such as plum cakes, chocolate-coated biscuits, truffles, puff rolls, cone pizzas, and breads. By focusing on delivering fresh products at affordable prices, Nilgiris 1905 aims to meet the everyday needs of its customers while maintaining a strong presence in the retail market.
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