According to RedSeer, online grocery will grow eight times to $18 billion market size in 2024, with 40-50% growth seen in the 2021 calendar year
Perpule provides UltraPOS is a cloud-based, mobile POS system that substantially improves the billing and checkout process at stores
India's retail landscape is changing, with global and domestic consumer and retail behemoths fighting tooth and nail to woo shoppers, as many choose large, clean supermarkets over crowded local stores
Here's a selection of Business Standard opinion pieces for the day
Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery
Now with the number of Covid cases declining, Relan and team may look at other startup ideas
Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases
The B2B market (excluding industrial goods) stands at $780 billion and on an annualised basis, Udaan has already clocked up $2.4 billion in gross merchandising value
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