#kiranas

Over 1 lakh shops, kiranas gear up to sell on Amazon as MSMEs take center stage this festive season

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Growth in shoppers this year will be driven by ‘Bharat’ shoppers. (Photo source: Reuters)

Ease of Doing Business for MSMEs:As India gears up for the festive season ahead, Jeff Bezos Amazon’s India business on Sunday said that more than 1 lakh “Amazon-enabled” local shops, kiranas and neighbourhood stores will be serving customers this year. Over 20,000 offline retailers, kiranas and local…

Amazon India festive season delivery Over 1 lakh local shops kiranas

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Image Source : PTI

Over 1 lakh local shops, kiranas to facilitate Amazon India’s delivery this festive season

E-commerce major Amazon India on Sunday said it has enabled over one lakh local shops, kiranas and neighbourhood stores across the country through its various initiatives to facilitate the delivery of packages this festive season. More than 20,000 offline retailers, kiranas…

PhonePe to digitise 25 mn small merchants in India – ET Retail

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New Delhi: Flipkart-owned PhonePe on Monday said it will enable digital payments for over 25 million small merchants across India in the next one year. The company will also onboard these ‘kiranas‘ on its ‘PhonePe for Business’ app, offering them end-to-end control of payment process, including instant payment confirmations, receipts and reconciliations, a statement said.

PhonePe plans…

Analysts are suddenly not too sure about Damani’s high-flying DMart – ET Retail

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NEW DELHI: Billionaire investor Radhakishan Damani’s Avenue Supermarts (DMart) took a hard knock from the Covid-19 lockdowns. But it is bouncing back fast with 95 per cent of its stores operational now, and sales rising to 80 per cent of pre-Covid levels.

In its annual conference call, the company management reiterated its stance of not aggressively foraying into e-commerce and instead…

Fintech lenders find comfort in the steady cash flow of humble corner shops

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BENGALURU: Fintech lenders focused on small businesses are finding comfort in the steady cash flows of corner shops selling groceries, milk and medicines, even as Indian economy slowly reboots itself from the Covid-19 pandemic-led lockdown phase.

Most fintech lenders are focusing on servicing existing clients and in the process turning off the funding tap for new borrowers. The only…