E-commerce adoption by kiranas on Flipkart Wholesale doubled in Jan-June this year over last year. This is seen growing 180% in July-December 2021, over the same period last year
The scale of its green energy debut is stunning
Flipkart Wholesale is also witnessing high organic adoption of e-commerce among its Best Price members
Mediratta said e-commerce sales have gone up 10 times since they started in April 2020.
Online as a percentage of sales for FMCG companies has touched 8-9 per cent for some firms versus 5-6 per cent a few months ago.
Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.
Walmart-owned Flipkart on Friday said its Kirana partners across the country registered an increase of nearly 30 per cent in their average monthly delivery incomes in 2020.
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