The retail scene in India has seen some key changes in the last couple of years.
Walmart took the Indian retail landscape by the storm in 2018 when the American conglomerate invested $16 billion in Flipkart. And now, with Reliance offering Amazon a $20 billion stake in its retail line, the Indian retail market has seen a solid upward trend.
Walmart is again the talk of the town. The American retail behemoth is now keen to join hands with the Tata Group to create a retail “super app”. Here’s a swift recap of the potential venture:
- Walmart may invest $20-$25 billion to create a retail marketplace with Tata Sons.
- The “super app” is predicted to value around $60 billion.
- The rumored joint venture is estimated to hit the floors by December or January.
- It will encompass Tata’s various consumer businesses like healthcare, financial services, food & grocery delivery, electronics, fashion, and more.
So, what does it mean for your business?
One thing is pretty clear – the retail and delivery sphere in India fosters immense market potential for innovative ideas to flourish.
With multinationals taking a keen interest in investing in India’s untapped retail sector, it opens doors for anyone to explore business ideas in the online market space.
If you have an existing offline business or you are keen to start one, then you have landed at the right place.
With Yelo, you can start your own marketplace and delivery platform in minutes! With COVID-19 doing rounds, it’s the best time for you to digitize your business. Know more now!
Wondering how to choose a business idea?
There are lots to explore from! It’s never been the best time to go online. Do your research and find the industry that would give you a level-playing field for a lucrative business.
For example, food & grocery delivery have flourished in the last 5 years and the industry only seems to be at a soaring high. You can set up an online service marketplace or a consultancy business from the comfort of your home. Want to know more and explore more ideas? Click here!
How can you build your online business with Yelo?
You don’t have to worry about the tech ecosystem – With Yelo, your business can be up and running in a day’s time! You don’t need any coding skills or prior tech knowledge to run a successful marketplace on Yelo – it comes with easy plug and play features!
Right fit for just about any business – Want to sell products? Or services? Want to rent out products? Or set up a consultancy? Yelo takes care of it all. With features designed to cater to your use case (be it anything, literally), setting up your online business is a breeze!
Management from one integrated station – You can manage your customers and vendors from a single dashboard. Yelo dashboard takes care of your marketing needs too. Want to push out offers? You can do it with just a click.
Get in-depth data insights and know when and how to pivot your business in the right direction.
Customer & merchant apps – Redefine accessibility with the ready-to-use customer and merchant apps. With Yelo, you don’t have to worry about connecting customers to your platform. Bridge the communication gap and give your vendors their own management app.
We take care of the delivery too – Yelo comes integrated with Tookan, our delivery management software. Tookan takes care of the logistics for your products. With real-time tracking and route optimization, all your deliveries are taken care of! Know more about Tookan here.
All necessary third-party integrations – Worried about the payments system? Yelo comes seamlessly integrated with 100+ payment gateways like Stripe, PayPal, Razorpay, and more. Yelo doesn’t just take care of payments but every other aspect of smooth business workflow with 500+ other integrations. You name it, Yelo has it.
The big names know the tremendous potential Indian online market harbors in the coming years. Digitization is the future of Indian retail space. Get started with yours now!
Subscribe to our newsletter
'Jungleworks Entrepreneur's Den' to get access to the latest industry & product insights.