An asset-light modern retail network of tech-enabled mid-sized grocery stores.

Basic Information

Gully Network was started in 2019 by Ajay Nain and Prateek Chaturvedi. Founders are alumni of IIT Madras and IIM Ahmedabad. The company targets an untapped $25 Billion market of mid-sized grocery stores. It partners with stand-alone unbranded mid-sized stores and transforms them into tech-enabled franchise stores under the brand "GULLYMART". By joining the network stand-alone stores get to reap the full-stack benefits of a modern retail chain such as higher income and end-to-end automation. See more

Legal Name

:

Gully Network Retail Private Limited

Headquarters

:

Bengaluru, Karnataka, India

Business Model

:

B2B, 

B2B2C 

Founding Date

:

2019

No. of Employees

:

41 to 60

Core Team

:
1.

Prateek Chaturvedi

Co-Founder

2.

Ajay Nain

Co-Founder

Target Market

B2B

Mid-Sized grocery stores that wish to be a part of the modern retail chain to increase their income and end-to-end automation.

Client Segment

:

FMCG, Retail

Target Companies

:

Small Enterprise, Medium Enterprise

Funding

Total Funding

$2.0M

Investors

:

1.

Venture Catalysts

2.

Orios Venture Partners

3.

Inflection Point Ventures