Latest Breaking News On - Onducted in partnership with research firm 60 decibels ande commerce platform apnaklub according to the report - Page 1 : comparemela.com

Mumbai (Maharashtra) [India], September 27 (ANI/PNN): Flourish Ventures, a global venture capital firm, today released a new study that confirmed the importance of corner shops (locally also known as kirana) in India. The India Spotlight report is part of Flourish's Digitizing the Corner Shop report, conducted in partnership with research firm 60 Decibels and e-commerce platform ApnaKlub. According to the report, 90 per cent (US USD 540 billion out of US USD 600 billion)of grocery sales are conducted via kirana. The report further iterates that about 92 per cent of the Indian respondents intended to purchase as much or more from their local kirana store in the future. And over 80 per cent of Indians purchased more groceries from a local kirana store during the Covid lockdown The global report surveyed shopkeepers and corner shop customers across India, Egypt, Brazil, and Indonesia, and developed a framework to understand the digitized corner shop opportunity. The report discovered

Bain companyFlourish venturesIndia spotlightCorner shopHarsh guptaMumbai maharashtra indiaEptember 27 ani pnn flourish venturesA global venture capital firmOday releaseda new study that confirmed the importance of corner shops locally also known as kirana in india spotlight report is part flourish 39s digitizing shopOnducted in partnership with research firm 60 decibels ande commerce platform apnaklub according to the report0 per cent us usd 540 billion out of 600 grocery sales are conducted via kirana the report further iterates that about 92 indian respondents intended to purchase as much or more from their local store in future and over 80 indians purchased groceries froma during covid lockdown global surveyed shopkeepers corner shop customers across indiaEnd indonesiaNd developeda framework to understand the digitized corner shop opportunity report discovered that in all four marketsEchnology start ups are providing corner shops with low cost and online tools which can unlocka 60 100 per cent increase in shop earnings when implemented at scale within the india researchHe study surveyed 200 kirana and 198 of their customers to learn first hand about the kiranas 39 business pain pointsCompetitive threats