Assisted e-commerce startup- StoreKing raised $16 million from
Further Plans-
It provides a platform to rural retailers to engage with walk in customers via it’s digital kiosks with over 50,000 products. The kiosk is installed with tablet which works as a medium between both parties in small towns and villages to buy products not available locally. When payment is done after placing order startup dispatches the package to the retailer in 24 hours to 48 hours.
“StoreKing has created a platform that solves the fundamental constraints in ours markets with last mile logistics and payments, while building trust amongst mass market consumers,” said Mohd Khairil Abdullah, CEO, Axiata Digital
More words-
Sridhar Gundaiah founded StoreKing in 2012. It boarded
In this sector of 92% unorganised market, dominated by local individual shopkeepers firms like StoreKing and IPay Tech are penetrating deep into the roots in rural India where as giants like as Flipkart and Amazon have little or no presence.
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