- Business
- Avenue Supermarts Limited (DMart) operates a chain of supermarkets and hypermarkets across India, offering a wide range of food and non-food products under the DMart brand. The company provides groceries and staples, processed foods, dairy and frozen products, beverages and confectionery, fruits and vegetables; non-food items including home care and personal care products, toiletries, and over-the-counter products; and general merchandise and apparel such as bed and bath products, toys and games, crockery, plastic goods, garments, footwear, utensils, and home appliances. It also offers online and multi-channel retail of groceries and household products through DMart Ready. Founded in 2000 and headquartered in Mumbai, Maharashtra, Avenue Supermarts serves value-conscious customers in urban and tier-2 markets across 12 states and union territories, with approximately 439 stores as of late 2025.
In recent developments, the company has aggressively expanded its store network, opening multiple new locations including stores in YSR Kadapa (Andhra Pradesh), Bhiwadi, Greamspet (Chittoor), Baran (Rajasthan), and Halol (Gujarat) in November 2025, bringing the total to 439 outlets; earlier expansions in 2024-2025 included sites in Chennai, Karnataka, Ujjain, Amritsar, Chhindwara (Madhya Pradesh), and Ankhol (Vadodara, Gujarat). Avenue Supermarts acquired a 26% stake in FP Ampere Energy Private Ltd, a subsidiary of Fourth Partner Energy, for Rs 1.99 crore in October 2024, establishing it as an associate company. Additionally, the company fully utilized Rs 4,078 crore raised through a qualified institutional placement for store expansions, supply chain enhancements, warehousing, land acquisitions, working capital, and strategic investments; it invested Rs 174.99 crore in its e-commerce arm Avenue E-Commerce Limited and issued Rs 100 crore in commercial paper for short-term funding.