Gully Network Retail Revenue and Competitors

Our Vision: We are building a tech-enabled and asset-light modern retail network of mid-sized grocery stores under the brand “GULLYMART”. We partner with existing unbranded mid-sized stand-alone stores that wish to become part of a modern retail chain to improve their income and automate their end-to-end operations. We provide the store with an end-to-end tech-enabled solution consisting of exclusive supply, automatic and data-driven stock replenishment, increased sales, higher margin, superior fulfillment rates and access to credit. Our Story: Gully Network was founded by Ajay Nain and Prateek Chaturvedi, alumni of IIT Madras and IIM Ahmedabad. Both the founders had earlier worked in the FMCG & Pharma distribution space. They realized that stand-alone stores can never access the integrated retail-technology and higher margin of Modern Trade retail chains. Hence they took a comprehensive approach to solve their pain points in totality by making them part of a fully tech-enabled Modern retail chain via a franchise model. We are backed by Orios Venture Partners, Venture Catalysts, Inflection Point Ventures. We are also recognized by Flipkart under their first cohort. We have raised a total of $2M.