Tech startups including Jumbotail are poised to transform the kirana store ecosystem at an unprecedented pace and scale over the next few years
The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion
The Walmart-owned firm is geared to handle 900,000 concurrent users and 20,000 orders per minute at peak and expects to cater to over 4 million unique customers
In a first, firm to take stores to tier-2, tier-3 towns as battle with Amazon, Reliance Retail intensifies
Start-ups such as Max Wholesale, Jumbotail and ShopKirana are helping them place orders, maintain inventory, optimise delivery routes and make payments, all digitally
In this process, Amazon India's 'I Have Space' (IHS) programme has played a major role with over 28,000 neighbourhood and kirana stores in nearly 350 towns and cities in the country
These kiranas and local stores will play a crucial role to sell and safely deliver shipments to millions of customers during these sales
They are deploying easy-to-use platforms for SMBs, helping them go online in as little as 30 seconds
Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories
The company also said this is part of a programme to onboard 50,000 kiranas across the country to provide a faster e-commerce experience to its consumers.
The e-commerce firm's digital B2B marketplace expands its network to 12 new cities with enabling digital commerce access to thousands of Kiranas and SMBs.
Flipkart is undertaking training programmes for its direct hires in various aspects of the supply chain
It has done this in preparation for the festive season and its flagship sale event Big Billion Days
The wholesale chain currently 27 stores catering to kiranas, Horeca and hospitality sectors; the new stores will be half the size of earlier Metro stores, covering an area of 20,000-25,000 sq ft
Plans to expand to 20 other cities and tap other areas such as groceries and general merchandise
The e-commerce major's chief data scientist Mayur Datar and is team are building robust data mining engines to help the firm target the next 200 million users
Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs
Plans roll out initiatives to improve digital payments awareness among small businesses; will provide low-cost acceptance online and offline solutions that are simple, safe and secure
With the clamour for convenience and support for local brands on the rise, consumers, kirana stores, and brands are redrawing the terms of engagement
According to the survey, 20 per cent of the kirana store owners across metros and non-metros have started leveraging online platforms to get a steady supply of goods and assistance in deliveries