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Hello Entrepreneurs Magazine - january 2025

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In this issue

In 2020, the concept of quick commerce didn’t exist in India. The existing model of e-commerce at the time was slow and fragmented. Customers had to wait for days to get basic things like groceries and packaged foods. This was because Indian companies followed the warehousing model, borrowed from the US, where products were stored in massive warehouses on the outskirts of cities and then delivered to customers, this model was fundamentally flawed for the Indian market, simply because we have Kirana stores at every nook and corner of our streets. And instead of waiting for 2-3 days to get things like vegetables, we can simply walk and get them in less than 10 minutes.