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• Kirana tech startups in India are struggling to make profits so these startups pivoted to some extent.📈 Pivoted Businesses : 📈🚀 • Helping with Money Management: They offer services to help store owners keep track of their finances and sometime

In my pov these business are hair pins for already set hairs. Before them everything was going well, they came and now struggling. Every unorganised market can not be organised in one shot, startups like this have to give some balidaan like Paytm & B

Actually, Kirana Store owners have small margins so they can't afford to pay these startups.

Retail stores has decent avg margin of 25-30% but avg cycle of product selling is big. Wholesale has joyful margins 8-10% but they are fast in rolling. But we are Indians and we are not ready share our margins .

That's the problem but if startups are able to maximize their revenue from 40000 to 400000 then might be a game and another thing is that Quick Commerce startups are dominating , that is the reason.🤔

What's the point of working in thread margins in 40k cr revenue only 200cr gp then issey acha to bnpl ka dhanda hai.. But yes inka balidaan yaad kiya jayga in future for changing the mindset agar yeh sustain hogye to.. nahi to rishtedar bhi marne ke

That's the reason, due to these reasons startups are pivoting their business models such as Khatabook, Ok credit , Shop kirana etc.

Yes