There are over 10 million traditional retailers in India and the market is 95% traditional. Traditional retail in India is a 600 Billion USD market in 2016 and is projected to reach 900 Billion USD by 2020. Similar growth patterns are occurring in Southeast Asia, Africa and Latin America.
By replacing notebooks with a mobile B2B platform we enable SME retailers top optimize purchasing, manage sales and inventory and access finance and credit. Gyaan Tel disrupts the entire retail value chain by giving retailers a stronger voice in their purchasing decisions. In doing so we are changing the face of sales and distribution and SME financing.
Retailers benefit from increased profitability and access to credit. Suppliers and distributors benefit from engaged retailers who pay electronically and on-time. Manufacturers benefit from greater insight into consumer tastes and preferences. Consumers benefit by getting more of the products they want, when they want them.