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KIRANA AND GENERAL STORES
Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail playEcommerce giant Meesho is set to acquire Kirana Club for Rs 202 crore in a cash deal, aiming to bolster its reach within India's vast kiran...- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- FMCG cos tailor price points for quick commerce to protect Kirana storesConsumer goods firms like Parle Products, HUL and ITC are creating exclusive product packs for quick commerce platforms to protect kirana s...
- Urban kirana braces for a challenging Diwali; up to 30% on-month slip in sales since JulyKiranas are fast losing out to quick commerce in big cities, industry executives said. While FMCG companies say they are splitting assortme...
- Kirana shops are battling for survival amid the rise of q-com, but the story is not over for them yetIn metro areas, quick commerce platforms are rapidly changing urban retail by offering fast delivery of diverse products, challenging tradi...
- Quick commerce platforms surge rocks neighborhood grocery storesIndia's neighborhood grocery stores, numbering around 12 million, experienced a slowdown in sales in the last quarter of 2023, while quick-...
- FMCG companies chart fast-moving sales growth path for kiranas to beat retail slowdownGeneral trade remains the mainstay of FMCG sales in India, despite the surge in ecommerce in the past three years since the outbreak of Cov...
- B2B platform ApnaKlub raises $10 million funding led by Tiger GlobalThe startup plans to use the funds for its foray into the credit and supply-chain financing segment and will cater to kiranas and wholesale...
- Apnaklub raises $3.5 million in funding from Sequoia Capital India’s SurgeApnaklub connects India’s retailers, such as kirana and general stores in semi-urban and rural areas, to a wide range of consumer goods and...
- Reliance Retail brands may soon come to kiranas“We have now had the launch of our own brand called Puric InstaSafe, which is built on the proposition of hygiene and we (are) now looking ...
- Kirana partners logged 30% rise in average monthly delivery incomes in 2020: FlipkartThe Kirana stores form part of an extended delivery mechanism for Flipkart to help deliver packages at customers' doorstep, especially in t...
- Jumbotail bags $11 million in funding led by Heron RockThe startup said it will utilise the fresh capital to expand its marketplace into new geographies across India and also scale its J24 store...
- Why small shopkeepers are not willing to digitise their kirana stores despite attempts by FMCG cosThe multi-pronged attempts by these FMCG companies to sign up these shop owners have often hit a wall. The claims that tech-enabled solutio...
- Ecommerce cos, kirana stores tie-up to maintain essentials’ supplyWhile the ecommerce players were already sourcing from cash and carry companies, officials said collaboration with small retail stores is i...
- The kirana is a technology shop tooYour neighbourhood store is changing with canny store owners realising the benefits of going digital.
- Amazon may add kirana stores to its cart to boost retail playAmazon has tied up with ShopX to digitally connect kiranas with large retailers and FMCG companies.
- Metro ties up with large FMCG firms to sell their brandsThese alliances include sale of SC Johnson’s All Out spray, Coca-Cola pop cans and Aquirius Glycocharge in most states, Mondelez’s Halls an...
- Reliance Retail to launch an in-house ready-to-eat food brandReliance Retail plans to launch an in-house ready-to-eat food brand in the next 2-3 months and has partnered a foreign firm for the technic...
- Kirana store owners may emerge as new bankers for rural IndiaThe local grocery storekeeper has good information about the financial well being of the houses he serves and has emerged as the most viabl...
- Pharma majors think small to hit it bigPharma majors are betting big on revenues from ubiquitous local grocers and paan stores in India.
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