"ORGANIZING THE UNORGANIZED RETAIL SPACE THROUGH TECHNOLOGY"
INVESTED IN JUNE 2019
Tech-Enabled Network of mid-sized grocery stores
FOUNDERS / MISFITS
"Gully Network is building an asset-light and tech-enabled network of mid-size stores under the brand 'GULLYMART'. We partner with existing unbranded stand-alone mid-size stores that wish to become part of a modern retail chain to improve their sales and income. We provide the store with an integrated tech-enabled solution consisting of exclusive supply, increased margin, superior fulfilment rates across the entire inventory, automatic and data-driven stock replenishment and access to credit and working capital."
"The Indian grocery retail industry is facing significant challenges. 92% of the $400 billion market is unorganized and deprived of technology. In the past few years, the ecosystem has witnessed new solutions, such as B2B supply, POS, and SME financing. However, there is no single comprehensive solution to solve 360° real-life pain points of retailers. Gully Network is building an asset-light and tech-enabled network of mid-size stores to address and remedy this."