Winners announced in 6th edition of RAI’s Retail Startup Awards
By Retail4Growth Bureau | February 24, 2023
The sixth edition of the ‘Retail Startup Awards’, which recognises innovative retail startups to look out for in 2023, had Yellow Dwelling and The Silk Road as the winners.
The Retailers Association of India (RAI), presented the sixth edition of the ‘Retail Startup Awards’ recognising the most innovative retail startups to look out for in 2023. The award ceremony was held during the Retail Leadership Summit 2023 (RLS 2023) organised by RAI.
The RAI Retail Startup Awards have been instituted to celebrate the spirit of entrepreneurship. It is a recognition of the indomitable spirit that drives entrepreneurs to convert their dreams into realities and ideas into viable businesses, says RAI.
"Startups have been enriching retail with their uniqueness and filling the gaps in the market while offering convenience and comfort to customers. We have been receiving a rich diversity in the nature of startups that apply for the award from all parts of the country, this reflects the opportunities that the retail sector is providing to Indian entrepreneurs. We are happy that at the end of the selection process, the winners are ones who truly add value to the industry," said Dr Hitesh Bhatt, Director-Marketing and Communication, Retailers Association of India (RAI).
The jury comprising of K Radhakrishnan of StarQuick and Suhail Sattar of Hasbro Clothing evaluated the entries over set criteria. The three retail startups that have emerged as the winners of the RAI Retail Startup Awards 2023:
1. Yellow Dwelling
2. The Silk Road
2nd Runner Up
Women’s India Personal Care Pvt Ltd
The final shortlisted retail startups besides the winners were - 100percent Nourishment, Coffee Codes India, Eternalia Creative and Merchandising (Edamama), Gabss Printmart (myPAPERCLIP), Skandhanshi Retail.