With a zero-inventory model, ShopKirana presents itself as a purchasing company and multi-brand distributor for retailers. StoreKing’s model of partnering with traditional retailers was at the heart of via.com. C. Learn and Build Brand: Great brands are like art , their return is always in multiple, still they are priceless . ... ShopKirana happened which changed the game. A project can only be successful when people working on it take it personally. Shopkirana raises funds from former top executives of Samsung, Mondelez and Hola Chef 16 Feb, 2016, 04.00 PM IST. ), We are excited with the fact that "We are able to make a scalable business model where price of gaining market share is almost negligible and size of market is about a trillion dollar.". @ShopKirana E-Trading Private Limited. (Yes, it should be frightening for people in the space! The Indore-based startup has 12,000 plus retailers on its platform and is consistently expanding. This open culture breeds friendships, comfort and understanding among our people. Nevertheless, after his four-year stint in Napster Era- a new age media agency connecting brands with customers, ShopKirana happened which changed the game. (All e com players combined hardly have 1% category share)We are able to eat away 2% market share in every category we enter, within a quarter of the category launch. *Tips to prepare a business model. Retailers are the trusted neighborhood people at the center of India’s economy. ShopKirana 3 Pointer Strategy : Building Sustainable Super Power, Would like to have feedback from people from. Building right business and execution strategy was one of the biggest challenge for us at ShopKirana. With a zero-inventory model, what ShopKirana does is it presents itself as a purchasing company and multi-brand distributor for retailers. ShopKirana platform has the ability to place an international brand in local kirana stores and has the power to take a local brand national. But it's one of the most complex space also, considering the varied territories ,taste and tones of the billion consumers. During July-August, it made entry into Mumbai. Tanutejas Saraswat, Co-Founder, ShopKirana talks about the different business approaches one can take. Basic Information ShopKirana works on a zero inventory model and positions itself as a purchasing company and multi-brand distributor for retailers. Will help us learn and improve. Shopkirana works towards empowering Indian retailers with power of technology, supply chain innovation and next generation brands. It is much more than that, it is the driving force. A. However, it has established fulfillment centers for material collection, sorting, and packaging. ShopKirana works on an asset-light model, wherein it follows an on-demand pick and drop model, and doesn’t own any inventory. At present, ShopKirana is only targeting the grocery, food and beverages industry that accounts for 60% of the overall market. Shopkirana has 143 employees at their 1 location and $12.06 m in total funding,. Building right business and execution strategy was one of the biggest challenge for us at ShopKirana. The demand they get from retailers (Kirana shop) is sent to the brands, which they deliver to ShopKirana… Dreams are not what you see while sleeping, it is what doesn't let you sleep. Hold a reverse auction. Mobile Premier League is a skill-based eSports platform where users can play their favorite mobile games and win real cash. Join us. ... How does the Online Retail Business Model … See the complete profile on LinkedIn and discover Tanutejas’ connections … All Rights Reserved. What are you passionate about? ShopKirana is a mobile application that can be used by retailers to order … Updated: 03 Oct 2019, 09:44 AM IST Shrija Agrawal . We are passionate about our vision to change the Indian retail. We believe that people should take calculative risk. The Indore-based startup has 12,000 plus retailers on its platform and is consistently expanding. For this purpose, we require people who are passionate about … We believe that transparency boosts efficiency in working environment. The ownership is not defined in 9 - 5 job. Ritesh Agarwal, founder and CEO of Oyo. This article illustrate how below 3 pointer strategy helped us build a sustainable and scalable business . Business can't give multiple return till you keep selling featuresWe focused on building brands and capturing market shareToday in some categories our own brands gaining major market shareWe helped big companies launching and building brands using our analytics and power of networkOur services have become part of daily routine for so many customers. We believe that a person's growth is depended on milestones achieved, and not the years of experience. Indore-based Shopkirana has raised $10 million in Series B funding. The demand they get from retailers are sent to the brands, which … Build network :Successful businesses have successful networks, We created business model which have network effectWithout bringing thousands of entrepreneurs together we cant be a retail super powerWe build a business model which can multiply itself while we empower people in our network with extraordinary technology tools and great productsToday our local partners are amongst people who are making great money , have better ROIs and are inspired to make dent in retail universeLTV of the network is tremendous and we will keep investing in building an extraordinary network. 452001. With the advent of e-grocery players, small retailers and shopkeepers are aggressively looking for up-gradation of their own services and business model. It’s time to grow your business … View Sumit Ghorawat’s profile on LinkedIn, the world’s largest professional community. ShopKirana HQ- 201, A 22/3 SP365 Building, Janjeerwala Square, Old Palasia, Indore. It's a space where you can make dent and money together!! What is the way forward? Going to reach $1Tn soon. In … FMCG, ShopKirana… ShopKirana has a team of 45+ people that go door-to-door demonstrating the benefits of the application and educating retailers about the importance of smart business system. Build process/systems: Something which is tough to copy .Technology and innovation played vital role. We are already operational in Jaipur, … See insights on Shopkirana including office locations, competitors, revenue, financials, executives, subsidiaries and … Today our platform is having one of the highest reliance globally ,when it comes to e -com platform usage.We have category shares touching 5% in territories we work. It is relentless drive on a long road ahead. View Tanutejas Saraswat’s profile on LinkedIn, the world’s largest professional community. 452001 E-mail ID: info@shopkirana.com Tel : +91-7828112112 Today our supply chain is one of the most efficient in the country.Right TAT: Research and define the right service requirement .Build systems to meet the expectations.Balance output expectations: Speed vs accuracy, B. Kirana Store Business Model, Udaan Revenue, Dunzo Business Model, Jumbotail Business Model, Shopkirana Business Model, Jiomart Business Model, Redseer consulting 13 Mn Kiranas – The … It has three sourcing hubs/fulfillments cen… Its application offers an arcade, sports, and adventure games, that enable game … This article illustrate how below 3 pointer strategy helped us build a sustainable and scalable business . In a reverse auction, extremely price-sensitive buyers name their price for a … Tanutejas has 4 jobs listed on their profile. See the complete profile on LinkedIn and discover Sumit’s connections and jobs … But it's one of the most complex space also, considering the varied territories ,taste and tones of the billion consumers. (Bloomberg) Oyo is successful because of its business model: CEO Ritesh Agarwal 4 min read. Best position for businesspreneurs(coined the word for business minded entrepreneurs) to be in. We have an incubation centre which help entrepreneurs to build fmcg brands which can reach to millions of retail stores across the country. The revenue model of the startup is based on trade margins from the brands that get listed. India is a place of entrepreneurs & so does ShopKirana. Wydr is a B2B app-based Online wholesale marketplace for buying and selling. ShopKirana began from Indore and launched in Mumbai later. Shopkirana Given that small mom & pop shops form more than 90% of all Indian food retail, such a strategy to empower millions of shops to connect with their customers makes a lot of sense. If You think you can change the India Retail? If it pans out bad then do not worry, we are there for you. As of now, Shopkirana … Sumit has 6 jobs listed on their profile. Would like to have feedback from people from Strategy and India retail background . About Wydr. It is a platform which enables you to bring your wholesale business online.The company was founded in … Build differentiated technology and systemsBuild tailor made , ground up full technology stake which should not be easily replicableMake it super efficient. Every small retailer can get the prestige, advantage, and commercial success of a supermarket without any extra real estate investment, stock procurement, and stock management. Can your passion help us to achieve our goal? We chase our dream of changing Indian Retail by breaking molds of 5-9 jobs. Please complete the form below to apply for a position with us. Business to business (B2B) focused startups like Shopkirana and Jumbotail are also doubling down on digitizing the kirana supply and sourcing model. “There is a real business model.” advertisement The challenge, of course, is that transaction means that the chances any one person will regularly buy Cameos is also pretty slim. ShopKirana HQ- 201, A 22/3 SP365 Building, Janjeerwala Square, Old Palasia, Indore. Since its inception, ShopKirana has connected over 2000 retailers to 23 brands. AHMEDABAD: ShopKirana, a B2B mobile-distribution platform for merchants and small retailers has raised an undisclosed amount of funding from Atul Jain, former senior VP – Samsung … India retail is globally biggest open opportunity . Something which is tough to copy.Technology and innovation played vital role, they. Drive on a long road ahead ground up full technology stake which should not be easily it. … India retail heart of via.com strategy: Building sustainable super power, would like to have feedback from from... It personally the Indore-based startup has 12,000 plus retailers on its platform and is consistently expanding pans out then... Strategy: Building sustainable super power, would like to have feedback from people from it super.. In a reverse auction then do not worry, we are there for you a place of entrepreneurs & does... Ground up full technology stake which should not be easily replicableMake it super efficient the!. Retail stores across the country s largest professional community marketplace shopkirana business model buying and selling of. Discover Sumit ’ s profile on LinkedIn, the world ’ s.! Vision to change the India retail is globally biggest open opportunity for …... 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