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Hey I am on Medial • 1y

• 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

Havish Gupta

Figuring Out • 1y

The kirana startups are really great. Helping a small retailer get Online and make his work easy with their apps

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Hey I am on Medial • 1y

But they are struggling to operate because of low margins, Shops owners don't know about technology due to these reasons most of them are pivoting 😒

Havish Gupta

Figuring Out • 1y

That's a thing but they will learn. Learning isn't the issue. If these companies want to grow slowly then can also send a agent to teach them about it. And the retailer industry is of small margin only but as the volumes increase, they might get pro

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Hey I am on Medial • 1y

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.

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Havish Gupta

Figuring Out • 1y

Yes they are getting competition and that's why these platforms MAY help them. Tho the main thing which they need is more margin to compete, and jio had also launched a platform fot these retailer to order items which jio orders in bulk so that jio also gets more discount which jio can pass on to the retailer

1 Reply

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At least two lakh kirana stores—small neighbourhood retail outlets—have 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