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kirana

Kiko Live crosses one lakh kirana orders on ONDC network

Kiko Live, a SaaS solution for neighbourhood stores said it has processed over one lakh total orders on the ONDC network. Since its onboarding on the open network in December last year, sellers on Kiko have witnessed significant business growth with nearly 2,500 orders per day. The company works directly with kirana stores to digitize their business. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian…

Quick commerce: The 10-minute challenge: Quick-commerce becomes the villain for neighbourhood kirana stores

Naresh Singh Shekhawat runs a grocery store N’Mart in one of the upscale condominiums of Gurgaon. He had relocated from his home state of Rajasthan to the National Capital Region (NCR) in search of a fresh future and things couldn’t have been better. But everything started going south last year. Sales have halved to Rs 26,000 per day from Rs 50,000. “Now I stock only those items that move daily—I am giving this business two years more,” he says. “I will give it my heart and soul. I will employ extra hands for quick…

Reliance’s wholesale format JioMart cuts 1,000 jobs, there may be more ‘bad news’ coming

After starting a distribution price war last year, Reliance Industries’ online wholesale format JioMart has reportedly laid off more than 1,000 employees. According to a report in Economic Times (E), the job cuts at the company come as it aligns operations with the recently-acquired Metro Cash and Carry.“The company has asked over 1,000 people on ground including 500 executives at its corporate office to resign over the past few days. It also plans to have another large round of layoffs with hundreds of employees already…

Amazon to join ONDC with logistics, SmartCommerce services

Amazon announced that it will integrate its logistics network (from pickup to delivery) and SmartCommerce services with the government's Open Network for Digital Commerce (ONDC) platform.This will be Amazon's initial collaboration with ONDC as the company continue to explore other potential opportunities for stronger integration between the two in future."We are excited about the opportunities to mobilise Amazon's industry-leading infrastructure and technology, including logistics, and small business digitisation tools,…

vilcart: VilCart raises $18 million to expand operations

VilCart, the rural economy-focused technology startup, has raised $18 million (Rs 144 crore) from investors to expand operations. The company raised this amount in a Series A funding round led by Asia Impact SA.Nabventures Fund and Texterity Pvt Ltd also participated in the round, VilCart said in a statement.With the use of this fund, VilCart aims to expand its operations to the entire South India by 2024.VilCart, which was established in 2018 by Prasanna Kumar and Amith S Mali, seeks to revolutionise the rural…

Chqbook, NSDL Payments Bank partners to launch Zero-balance Digital Current Account

Chqbook, India's first neobank for small business owners, has launched a first-of-its kind digital current account. Small business owners like kirana owners, chemists, and others running sole proprietorships can open a current account instantly on the Chqbook app from their smartphone in a language they are comfortable with. The current account is available in eight languages, making it more accessible and easy to understand. The all-new digital and instant current account facility is a timely innovation for more than 63…