Exclusive: B2B unicorn Udaan aims to onboard 5 million retailers in new grocery play

1 week ago 50

B2B unicorn Udaan is aiming to onboard 5 cardinal tiny retailers oregon ceramic and mortar stores by the adjacent period to pat into the increasing market transportation market, apical sources told BusinessToday.In. Udaan has started a aviator task for its assemblage market transportation inaugural successful 1,000 cities and plans to grow to 1,500 cities. The startup has besides acceptable its people of 1 cardinal transactions by the adjacent month.

"The people is to onboard 5 cardinal mini and micro-mini retailers and person 1 cardinal market transportation orders by December 2021. Udaan had started onboarding the tiny retailers oregon kiranas done its subsidiary app, Price Company. They could leverage the beingness of 2 cardinal retailers already connected the Udaan app," sources said.

An Udaan spokesperson declined to remark connected the improvement erstwhile BusinessToday.In reached out.

Also read: Udaan to aviator B2C market delivery; to grow to much than 1000 cities

Udaan's foray into the market transportation done community-level commerce volition pit it against the likes of Reliance done Jio Mart, Tata groups done Big Basket, which person upped their food-essentials hyper transportation games done acquisitions and expansions, and the niche players successful the segment.

The concern model, arsenic per sources, is connected the lines of China's large e-commerce startup, Pinduoduo that filled the vacuum of community-level buying successful China's net commerce manufacture done radical purchases.

"Under the aviator project, the section retailer oregon kirana takes bulk orders from the neighbourhoods oregon societies connected Price Company app and past Udaan delivers the groceries successful adjacent 24 hours," sources said.

This would fundamentally construe into buyers constituting a radical to acquisition a bulk of groceries from the suppliers utilizing Udaan's level done which some the buyers oregon suppliers tin avail discounts arsenic good arsenic accrued profits, respectively.

The Online Grocery conception successful India is witnessing disruption with niche players similar Grofers and Zepto promising 10-minute transportation and larger players similar Amazon and Flipkart strengthening their market verticals. Tata backed Big Basket connected Wednesday opened its archetypal carnal retail outlet, Fresho, successful Bangaluru with enlargement connected cards.

Also read: Tata Group-backed BigBasket forays into offline retail with motorboat of Fresho store successful Bengaluru

Read Entire Article