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The retail industry has a long legacy in India. In olden times, markets and fairs used to get set up over weekends and holidays. These were the primary source of entertainment for villagers, but slowly they became the hub for transactions of goods where people used to exchange and buy things they needed. As the country developed, a more common form of retail business came into existence. Most of the retail business started happening through convenience stores, also known as mom and pop stores, or neighborhood stores. The retail market is growing at quite a fast pace in India. With a population of over 1 billion people, India is a highly attractive market for domestic and global retail players. The total retail market in India is estimated to be around $780 billion, which accounts for 10% of the country’s GDP. Out of this, 90% is unorganized retail business and around 10% is organized. Swiftnlift brings you “the 10 Most Prominent Retail Startups In 2019 ” A distinguished panel of the industry’s topmost CIOs, CEOs, VCs and industry experts including Swiftnlift’s editorial board has scrutinized the list of companies in different business touch points. The list intends to help Retail Startups to address the current market challenges and businesses to enhance their digital user experience.

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