โข Kirana tech startups in India are struggling to make profits so these startups pivoted to some extent.๐
Pivoted Businesses : ๐๐
โข Helping with Money Management: They offer services to help store owners keep track of their finances and sometime
Yeah, you have a point, but these things are already done by these startups but one thing is there nowadays Shop kirana owners have lots of competition from players like DMart, Blinkit , Zepto etc.
The only people who think that Blinkit, Zepto, etc will beat Dmart are those who have never gone to Dmart.
The person who shops in Dmart doesn't care about 10 minutes. Ul UX. glassmorphic design, cashbacks, reward points.
He only cares about prices
Zepto and Blinkit are killing Amazon and Flipkart โ not Kirana shops!
The Crazy Part? Zepto has gone from 0 to โน10000 Cr in sales in less than 3 years,
And is on its way to surpass the 22-year-old DMart in just 18 months!
6 replies5 likes
Rupesh Tiwari
In the Business of S...ย โขย 5d
What does this platform provide for a common person who doesn't have any startups or job (neither interested in these) and owns a Kirana shop?
Kirana shops are failing in India but it's not just because of companies like Zepto or Blinkit,
In fact the reason for their failure, is why 90% of businesses fail in India
See Kirana Shop business model is to be a retailer and make daily essentia
We have got so many players now !
This is the real market :
Blinkit
Swiggy Instamart
Zepto
Swish
BB now
and sowm more !
What do you use the most in your area ??
8 replies10 likes
Chamarti Sreekar
Passionate about Pos...ย โขย 4m
At least two lakh kirana storesโsmall neighbourhood retail outletsโhave closed in the past year as consumers increasingly turn to fast delivery platforms such as Blinkit and Zepto, according to a market study.
Read: https://bit.ly/4fgaFkN
2 replies6 likes
Ashish Aggarwal
Hey I am on Medialย โขย 6d
we have retail grocery shop,I wanted to expand business but quick e commerce platforms and big retail giants like dmart eating up the fortunes of small retailers
1 replies2 likes
Aarihant Aaryan
Prev- Founder & CEO ...ย โขย 10m
Most people say Dmart, zepto, blinkit, reliance retail will co-exist
But they don't really understand the concept of wealth
Wealth is not a zero sum game, but a disproportionate amount of wealth will go to people who make consumers burn less energ