With the expansion of Retail Industry horizontally across the globe, especially in Food Retailing and Grocery Retail, one breakthrough and pioneering concept that has caught the eyes of many business strategists is “Retail As A Service” or commonly known as RAAS. RAAS has helped the unorganized retail sector a great deal in getting more agile in their processes and leveraging years of experience and robust business processes. What started as a disruption in organized Retail market has gained substantial significance as a must-do process for any thriving Retail organization. Kirana King Retail Network Pvt. Limited one of the powerful grocery retail aggregator which has slated to grow upto 7000 stores by 2025 & thereby raised INR 7 CR from Rajasthan Venture Capital Fund (RVCF) in a Pre-Series A round. Kirana King has been successfully operating all processes across its retail Kirana Stores through the RAAS model.
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Kirana King – Retail-As-A-Service (RAAS) Model
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According to Mr. Anup Kumar, Founder & CEO Kirana King expresses, “Indian Grocery Retail Market with its millions of Kirana Stores still operates independently and takes care of entire business process on their own, right from sourcing to negotiating with distributors, shelf managemen