Inc42 Media | Here’s how Taikee is ‘Digitizing the Dukaan’-
“Helping kirana stores succeed is at the heart of whatever we do and technology is an important enabler in this…
“We believe the time is ripe for us to grow our presence across various geographies and certainly beyond the top 10 cities that we currently operate. This venture debt would serve that endeavour,” said our Founders Sachin Chhabra, and Nidhi Ramachandran.
Peel-Works has dedicated itself to enable CornerStores to fight in a tech driven world by providing them with tools that help with inventory management, convenient sourcing, wider assortments and increased working capital.
Taikee, the B2B e-commerce platform of Peel-Works that makes grocery available to corner stores, rolls out CornerStore Day (CSD) and BetterLives Day (BLD) to put a spotlight on small retailers and boost their growth this festive season.
Through CSD and BLD, Taikee is offering India’s corner stores the levers to enjoy improved margins, a wider assortment of products and services like express delivery.
Offline retailer-focused e-commerce player Peel-Works targets to achieve a gross merchandise value (GMV) of $10 billion in the next three to four years, said the tech-driven company’s Founder and CEO Sachin Chhabra.
At Taikee, we could not but rush to Jalandhar to meet this super child Kusum Kumari. While she made sure she got reunited with her phone, our purpose was to get her father to reunite with his phone, as we handed over Kusum a new device for her to learn Taekwondo from. And of course, study hard to achieve her dreams.
Corner stores are reducing their inventory given the uncertain times. They like to stock only as much as they need for here and now and then some more for the next two days. That’s where we come in.
Mumbai-based SaaS platform Peel-Works has raised INR 31.67 Cr in multiple tranches from July 2019 to March 2020. The money was raised by issuing debentures, equity and Series C and Series D preference shares.