Basic Information
Headquartered in Mumbai, Near.Store enables local stores to go online, digitise their inventory and develop new consumer relationships, and access business data and insights to make their business more efficient. All a store-owner has to do is plug the Near.Store dongle into their billing machine or mobile phone and the patent pending platform gets their inventory online immediately. Once plugged in, the AI and ML algorithms on the platform take over and manage the various aspects of discovery (SEO), discovery and hyper-local promotion of the store website. In February 2020, the startup raised $300,000 seed funding from Sauce.vc, an early stage consumer focused VC fund and other individual investors. The Near.Store team is also supported by Shripad Nadkarni, ex-marketing head of Coca Cola and Johnson & Johnson, founder of Maverix Food Platforms and co-creator of the Paperboat and Epigamia Brands.
Retail
Retail
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