India, April 2 -- Franchisee-led quick commerce startup Apna Mart reported a near 2X jump in its standalone operating revenue in the financial year 2023-24. Its revenue from operations zoomed 85% to INR 59.4 Cr in FY24 from INR 32.2 Cr in the previous fiscal year, as per its filings accessed from Tofler.

Founded in 2022 by Abhishek Singh and Chetan Garg, Apna Mart provides 15-minute grocery and retail delivery services in Tier II & III cities. It competes against the likes of Zomato-owned Blinkit, Swiggy Instamart, and IPO-bound Zepto in the quick commerce market.

Apna Mart sells daily essentials, personal and pet care products, beverages and electronics via its brick and mortar stores and app.

Including other income of INR 3.6 Cr, the...