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The Phygitization of Kiranas

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January - February 2023

The future of Kiranas is not a question of physical stores versus online stores, but how digitization can complement both, taking the omnichannel route.

- ARITRA GHOSH

The Phygitization of Kiranas

The small mom-and-pop stores also referred to as Kiranas have evolved drastically over time, especially in a country like India where they significantly contribute to the growing economy. In India, close to 12 million small momand-pop stores dominate domestic grocery retailing with a whopping 90 percent share. Considered to be the one-stop solution for an individual’s day-to-day needs, the Kiranas can be considered indispensable but with technology seeping into our lives, Kiranas are not far behind.

Numerous brands such as 1K Kirana, OhLocal, Jumbotail, etc. are working towards digitizing these Kiranas, allowing them to stay relevant through time.

Transforming Retailers Digitally

OhLocal is aiming to bridge the gap between online and offline commerce, through its next-gen hybrid commerce platform. It is digitizing India's local sellers while focussing on their strengths.

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How Food Brands Are Growing Through Collaborations

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INSTAMART: POWERING INDIA'S 10-MINUTE ECONOMY

Instamart has transformed quick commerce in India from a bold experiment into a Rs 5,655 crore business that now serves over 11 million monthly users across 125+ cities. CEO Amitesh Jha credits its success to a deep hyperlocal supply chain, AI-powered operations, and a \"go deeper, not wider\" strategy that prioritizes sustainability, assortment, and trust.

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JEWELRY RETAILERS BET BIG ON FRANCHISING AND TIER II CITIES FOR EXPANSION

India's jewelry market is undergoing a retail boom, with brands aggressively expanding through franchising, shop-in-shop formats, and omnichannel strategies. From Tier II & III cities to diaspora-driven global markets, players are racing to build accessible and trusted footprints.

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CRAFTING LEGACY, SCALING LUXURY

Rohan Narang on shaping Hazoorilal Legacy for the next generation of jewellery buyers.

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CONVENIENCE TO LIFESTYLE: RTC'S BIG LEAP IN INDIA

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THE RISE OF MATCHA BEAUTY: HOW THE GREEN POWDER IS INFLUENCING BEAUTY TRADITIONS

From a Japanese tea ritual to a global skincare phenomenon, matcha has become a multi-billion-dollar beauty category, prized for its antioxidants, vitamins, and caffeine that calm, protect, and energize the skin.

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ACER LOOKS TO TOUCH 300 STORE MARK IN 2025

Recognizing the increasing digital appetite in smaller markets, Acer is actively investing in Tier II and III cities.

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EMBEDDING CIRCULARITY IN INDIA'S TEXTILE REVOLUTION

India's ambition to scale its textile sector to $300 billion by 2030 must go hand in hand with sustainable practices. By embedding circularity—reusing, recycling, and extending the life of materials—into its growth strategy, the industry can balance economic expansion with environmental responsibility, setting a global example for sustainable manufacturing.

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BEYOND BORDERS: HOW AZURE HOSPITALITY IS TAKING INDIAN DINING GLOBAL

The company is exploring opportunities in regions with a strong appetite for Indian and Asian cuisines.

time to read

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