Last updated : November 28, 2019 6:16 pm
Gully Network’s tech-enabled platform transforms a small-format business into an omnichannel modern store to help them compete against biggies.
Having started in August 2019, Gully Network brings a unique tech-enabled platform that transforms a small-format business into an omnichannel modern store making the store’s experience as well as business model more competitive.
“We are excited to partner in this journey with Anup Jain from Orios Venture Partners who brings in vast expertise and in-depth knowledge of the retail and FMCG sector. We look forward to a fruitful association here.” added Nain.
Anup Jain, Managing Partner at Orios Venture Partners said, “Indian grocery retail market is approximately 70% of total retail market in India today- a staggering $500 billion per annum. However, we have seen little transformation on ground in the 15 million small format kirana stores which comprise over 90% of this market even today."