Mochi
Metro Brands Limited · India
Mochi is a footwear brand and store format owned by Metro Brands Limited, the Mumbai-based Indian footwear retailer behind Metro Shoes. Wikipedia dates its introduction to 1977, with the first Mochi store opening in 2000.
| Introduced | 1977 |
|---|---|
| First Mochi store | 2000 |
| Owner | Metro Brands Limited |
| Group headquarters | Mumbai, India |
| Segment | Footwear |
| Website | mochishoes.com |
What is Mochi?
Mochi is a fashion-oriented footwear banner within Metro Brands Limited, a publicly traded Indian retailer headquartered in Mumbai. According to Wikipedia, the Mochi name was introduced in 1977, the same year that the company was incorporated as Metro Shoes.
History
The first dedicated Mochi store opened in 2000, turning the name from a product label into a retail format. Later additions to the Metro Brands portfolio include the value format Walkway, launched in 2009, and exclusive Crocs stores operated since 2015. The company listed on the NSE and BSE after its initial public offering in December 2021.
Ownership and organisation
Mochi is not an independent company. It forms part of the Metro Brands portfolio alongside Metro Shoes, Walkway and the Crocs stores. Metro Brands is led by Rafique Malik as chairman, Farah Malik Bhanji as managing director and Nissan Joseph as chief executive, per Wikipedia.
Business model and distribution
The group operates predominantly through its own stores, with more than 1,000 stores in 221 cities reported for 2026. The share of those stores that carry the Mochi banner is not stated in the source used here, and the sources do not break out Mochi revenue, so no figures are given.
Why it matters
Mochi illustrates how a retail group can run several distinct banners at different price points under one listed parent. For readers following Indian footwear retail, it is the fashion-led counterpart to the group's flagship Metro format.
Frequently asked questions
Who owns Mochi?
Mochi is owned by Metro Brands Limited, a Mumbai-based company listed on the NSE and BSE that also runs Metro Shoes and Walkway.
Where is Mochi from?
Mochi is an Indian footwear brand from Mumbai. The name was introduced in 1977 and the first Mochi store opened in 2000.