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Post on Medial

Vaibhav Babruwan Shingde

Stealth • 7m

• 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

Stealth • 7m

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

Vaibhav Babruwan Shingde

Stealth • 7m

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

Stealth • 7m

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

Vaibhav Babruwan Shingde

Stealth • 7m

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.

Havish Gupta

Stealth • 7m

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 replies1 like

Replies (1)

Vaibhav Babruwan Shingde

Stealth • 7m

But ONDC also entered the game.

1 replies2 likes

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