To date, most of India’s grocery retail happens at small local stores (kiranas), accounting for 75-78% of the consumer goods market.
Most of these local stores only track their inventory on a batch level and do not digitize their day-to-day sales. That means that close to 75-78% of a $883 billion market is offline. This leads to challenges.
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Location based social networking.
Although attempted several times in the past, there are compelling upsides to online location based communities.
The primary motivation back in college was to build a network that capitalises on how institutions tend to have a high density of like-minded individuals yet dont have a platform where they can interact with each other about general happenings without sending each other a friend request.
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I am the cofounder and CTO of Third Chair, a Y Combinator backed startup building agents for in-house legal teams. Previously I cofounded Fello, also backed by YC, and scaled it to over a million users. I’m passionate about startups and have been associated with other programs like Entrepreneur First and ODF. I live in Bangalore and usually spend my free time exploring options trading or building my ideas.