‘We help transform kirana shops into convenience stores’
5 years, 2 months ago

‘We help transform kirana shops into convenience stores’

Live Mint  

—Karthik Venkateswaran, co-founder and CEO, Jumbotail We serve thousands of kirana stores and make it convenient for them to procure a wide selection of staples and fast moving consumer goods, reliably delivered to storefronts using our in-house supply chain and logistics. Entrepreneurs who planned to set up new kirana stores wanted us to bootstrap their entire product selection from the start. Several retailers wanted us to provide technology, point of sale and inventory management systems to run their stores in modern ways. That’s how we came up with our J24 stores programme, through which we help transform kirana shops into modern convenience stores.

Convenience Stores Kirana  procurement  procure  selection  transform  shops  trusted  convenience  stores  help  retailers  partner  wanted  kirana

History of this topic

Quick commerce is rocketing. So, are kiranas on the way out?
6 days, 17 hours ago

Quick commerce is rocketing. So, are kiranas on the way out?

Live Mint  

New Delhi: In little more than a couple of years, quick commerce has turned into the great hope of India’s startup landscape. As of 2023-24, according to data compiled by the National Sample Survey, there were around 22.8 million ‘unincorporated’ establishments conducting some sort of trade. Quick economics Ultimately, the ‘decline’ of kiranas may have come about from a combination …

FRAI Urges Govt To Provide Enhanced Tech Platforms To Kirana Stores To Help Them Compete With Quick Commerce
2 weeks ago

FRAI Urges Govt To Provide Enhanced Tech Platforms To Kirana Stores To Help Them Compete With Quick Commerce

ABP News  

The Federation of Retailer Association of India on Tuesday called on the authorities to provide advanced technology to Kirana stores. “Such support would enable the kirana stores to remain competitive amidst the increasing encroachment into their space by quick commerce companies like Swiggy Instamart, Blinkit or Zepto,” the FRAI said. Abhaj Raj Mishra, Honorary Spokesperson, FRAI, said, “With new technologies …

New-age, self-service kirana stores are transforming India's retail dynamics
1 year, 2 months ago

New-age, self-service kirana stores are transforming India's retail dynamics

Live Mint  

India's consumption heavily leans towards essentials, with food and groceries comprising 50% of retail intake. Meanwhile, organized retail, or modern trade, introduced about two decades ago, has gradually expanded due to its vast product range, self-service, and shopping experience. Thus, social status upgradation is also a reason for the younger generation of retailers to venture into opening independent self-service stores. …

Digitising Indian retail: Looking at challenges and exploring growth models
3 years, 5 months ago

Digitising Indian retail: Looking at challenges and exploring growth models

Hindustan Times  

According to the United Nations Conference on Trade and Development’s B2C E-commerce Index 2019, India ranks 73 out of 152 countries on its readiness to support online shopping.1 India leads among South Asian countries, while Asian states like Iran, China, Kazakhstan, Azerbaijan, Vietnam and Tunisia fare better than it on the index. Nevertheless, India’s domestic e-commerce market is expected to …

Over 1 lakh local shops, kiranas to facilitate Amazon India's delivery this festive season
4 years, 3 months ago

Over 1 lakh local shops, kiranas to facilitate Amazon India's delivery this festive season

India TV News  

E-commerce major Amazon India on Sunday said it has enabled over one lakh local shops, kiranas and neighbourhood stores across the country through its various initiatives to facilitate the delivery of packages this festive season. Amazon India said it has over 50,000 Amazon Easy stores across the country, which provides assisted shopping for 'new to e-commerce' customers. Under this model, …

Kiranas steal a march over large stores
4 years, 5 months ago

Kiranas steal a march over large stores

Live Mint  

Shoppers of fast-moving consumer goods moved away from large department stores to obliging neighbourhood kiranas and online sellers in June, as they stuck to social distancing norms in the first phase of the Indian unlock. However, as India moved to unlock in early June, footfalls and sales in large stores dwindled—consumers clearly opted back for their traditional neighbourhood suppliers. In …

RIL’s JioMart to convert kirana stores into self-service stores
4 years, 5 months ago

RIL’s JioMart to convert kirana stores into self-service stores

Live Mint  

Reliance Industries in its 43rd Annual General Meeting has announced that itse-commerce portal JioMart will offer kirana stores for greater demand generation from taking the store online and leveraging the existing Jio customer base. The partnership with JioMart can potentially help kirana stores grow business and earnings," Isha Ambani said at the AGM. Isha Ambani further added, "A unique solution …

Pandemic helped kirana stores embrace technology: EY survey
4 years, 6 months ago

Pandemic helped kirana stores embrace technology: EY survey

Live Mint  

The nationwide lockdown prompted kiranas to adopt technology quickly as millions of households moved online to buy essential supplies. As much as 40% respondents were keen to partner with online delivery and supply chains, according to a survey of kirana store owners across 12 cities by consultancy EY. “About 20% of kirana store owners started leveraging online platforms to get …

Coronavirus Outbreak: From retailing cigarettes to selling vegetables, offline grocers cater quicker to customers than online players
4 years, 8 months ago

Coronavirus Outbreak: From retailing cigarettes to selling vegetables, offline grocers cater quicker to customers than online players

Firstpost  

For 29 year-old Anuj Dandona, a cultural consultant living in Chembur, the local grocer has turned out to be his saviour—making available vegetables in addition to the usual groceries at one store. For Anil S, the proprietor of Sree Siddhi Vinayak Stores in Chembur, the decision to sell vegetables was driven by demand: “My customers would complain about not getting …

RIL’s ’new commerce’ to revolutionise 3 crore kirana stores: Mukesh Ambani
5 years, 4 months ago

RIL’s ’new commerce’ to revolutionise 3 crore kirana stores: Mukesh Ambani

Live Mint  

Reliance Industries is working towards empowering the 3 crore merchants and kirana shop owners with its end-to-end digital and physical distribution stack new commerce, its chairman Mukesh Ambani said today. Speaking to shareholders at RIL's 42nd Annual General Meeting, Mukesh Ambani said the company's retail arm will soon unveil Reliance 'new commerce'. "I believe that the small must not only …

Reliance to digitise 5 million kirana stores by 2023
5 years, 7 months ago

Reliance to digitise 5 million kirana stores by 2023

India TV News  

Mukesh Ambani-led Reliance Industries' entry into online retailing will help expand the current 15,000 digitised retail stores to over 5 million by 2023, a study of Bank of America Merrill Lynch said. As much as 90 per cent of India's USD 700 billion retail market is unorganised, made up mostly of neighbourhood kirana stores selling groceries and other sundries. Overall, …

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