{"id":53745,"date":"2018-06-17T19:29:02","date_gmt":"2018-06-18T02:29:02","guid":{"rendered":"http:\/\/siliconeer.com\/current\/?p=53745"},"modified":"2018-06-17T19:29:02","modified_gmt":"2018-06-18T02:29:02","slug":"hyderabads-nukkad-shops-sets-target-of-on-boarding-5000","status":"publish","type":"post","link":"https:\/\/siliconeer.com\/current\/hyderabads-nukkad-shops-sets-target-of-on-boarding-5000\/","title":{"rendered":"Hyderabad\u2019s Nukkad Shops Sets Target of On-boarding 5,000"},"content":{"rendered":"

File photo of an Indian man seen carrying goods on his three-wheeler vehicle on the outskirts of Hyderabad, June 29, 2017. India is bracing for its most significant reform in a generation as the world’s fastest growing major economy is unified into a single market for the first time. (Noah Seelam\/AFP\/Getty Images)<\/em><\/p>\n

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Nukkad Shops, a tech startup based in Hyderabad, has set a target of onboarding 5,000 retailers by the end of this year.\u00a0 <\/span>The company is also looking at bringing 200 channel partners onboard by the end of this year, who will drive its sales need in tier-2 and 3 cities.<\/p>\n

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Currently, about 70 percent of its retailers are from big cities and remaining from tier-2 and 3 cities.<\/p>\n

However, Nukkad Shops plans to change this ratio to 50:50 by the end of 2018, said Vivek Shukla, who founded Nukkad Shops in 2016 along with three others\u2014Niranjan Kumar, Kulashekar Reddy and Vinodh Nair.<\/p>\n

\u201cWe have set a target of onboarding 5,000 retailers by end of this year,\u201d he said.<\/p>\n

Shukla told reporters in Chandigarh, June 15, that the company\u2019s aim was to make the grocery store owner more efficient and keep them on par with their bigger counterparts.<\/p>\n

\u201cWhile supermarkets and big stores are able to adopt the changing technologies with a lot of ease, our small neighborhood grocery stores have unconsciously been left behind. With a pursuit to make the grocery store owner more efficient and keep them on par with their bigger counterparts, the Nukkad Shops was founded,\u201d he said.<\/p>\n

Shukla said Nukkad Shops provide the whole ecosystem for retailers to become digitally independent and as part of this, it provides smart point-of-sale devices, printer and software through which the owner can monitor the inventory, the purchaser will get a list of items available in the shop and the whole billing system becomes seamless.<\/p>\n

Meanwhile, the company provides customers with an app to book day-to-day groceries, get it home delivered and also keep an e-bill in case of return or exchange.<\/p>\n

It has three different solutions based on segmentation Nukkad Shops Elite, Nukkad Shops Pro (segment B retail stores) and Nukkad Shops Aspire (segment C retail stores).\u00a0<\/span><\/p>\n

While segment B refers to mid-range retail stores with a larger inventory, segment C refers to smaller stores.<\/p>\n

\u201cWe started the commercial operations of the company in 2017 and since then we have onboarded 2,100+ retailers from Hyderabad, Bengaluru, Mumbai and Delhi. We have a footprint of one million unique customers along with 70+ channel partners,\u201d he informed.<\/p>\n","protected":false},"excerpt":{"rendered":"

File photo of an Indian man seen carrying goods on his three-wheeler vehicle on the outskirts of Hyderabad, June 29, 2017. India is bracing for its most significant reform in a generation as the world’s fastest growing major economy is unified into a single market for the first time. (Noah Seelam\/AFP\/Getty Images) Nukkad Shops, a…<\/p>\n

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