HyperCity

HyperCity
TypeHypermarket
IndustryRetailing
Founded2006; 20 years ago (2006)
Headquarters
Mumbai, Maharashtra
,
India
Area served
India
ParentFuture Group

HyperCity (styled HyperCITY) was a supermarket chain which operates 20 stores throughout India as of today. The main area of focus is food, home, and fashion.

History

Founded in 2006, HyperCity Retail India Ltd. was part of the K Raheja Corp, which also owns Shoppers Stop. HyperCity opened its first large-format hypermarket in Malad, Mumbai, spanning over 120,000 square feet and stocking a wide array of products including groceries, food, home needs, apparel, and consumer durables.

In 2017, Future Group acquired HyperCity for ₹655 crore. Following its acquisition by Future Retail, HyperCity's operations became deeply entangled in the parent group's subsequent financial collapse and debt defaults.

See also

References

  1. ↑ "HyperCITY touches 1 Million Customers". business-standard.com. 14 June 2013. Retrieved 21 October 2026.{{cite web}}: CS1 maint: url-status (link)
  2. ↑ Gupta, Soumya (5 October 2017). "Kishore Biyani's Future Retail buys HyperCity for Rs655 crore". mint. Retrieved 17 November 2020.
  3. ↑ "Future retail: Risk management failures and causes of meltdown". www.theactuaryindia.org. Retrieved 21 October 2026.
  4. ↑ "Reliance takes control of Future Retail stores, including Big Bazaar". hindustantimes.com. 26 February 2022. Retrieved 21 October 2026.