VilCart hits Rs 1,176 cr FY26 revenue, raises Series B targeting FY28-29 IPO
Bengaluru-based rural commerce platform VilCart supplies 100,000 kirana stores across 30,000 South Indian villages. FY26 revenue of Rs 1,176 cr edges past Rs 1,120 cr FY25, with EBITDA losses narrowing from -6.8% to -4.5%. Raising Rs 200-250 cr Series B; private label now 15-18% of mix.
What happened
VilCart, a rural e-commerce platform supplying 100,000 kirana stores across 30,000 South Indian villages, posted Rs 1,176 cr FY26 revenue, is raising Rs 200-250
Key facts
- Rs 1,176 cr FY26 revenue
- Rs 1,120 cr FY25
- 100,000 kirana stores
- 30,000 villages
- $30 million raised
- Series B Rs 200-250 cr
- EBITDA -6.8% FY25 to -4.5% FY26
- private label 15-18%
Why this matters
VilCart's distribution moat across 100,000 kiranas in 30,000 South Indian villages makes it a strategic asset for FMCG majors or larger B2B commerce players seeking rural reach ahead of its IPO timeline.