Mumbai, June 9 -- Supermarket chain More Retail has raised around Rs.400 crore from existing investors Samara Capital and Amazon, as well as new domestic family offices over the past 12 months, as it gears up for a public listing within the next year, two people aware of the matter said.

The capital raise-separate from earlier rounds in previous years-will be used to fund the company's store expansion and operational growth, one of the two people said. More Retail managing director and CEO Vinod Nambiar confirmed the fundraise in an emailed statement, but Samara and Amazon did not respond to Mint's requests for comment.

The fresh infusion comes as More Retail prepares to scale up its operations, expand into smaller cities and ramp up it...