Gully Network is building an asset-light modern retail network of tech-enabled stores in Tier 1 and Tier 2 cities by tapping the emerging segment of mid-sized stores worth $25 billion that has been overlooked in the digitization game. Mid-sized stores are of modern trade format but cannot realize their true potential because of their stand-alone nature.
Founded in 2019 by Ajay Nain and Prateek Chaturvedi, Gully Network empowers mid-sized grocery stores in tier I and tier II cities. The company currently has 60 stores in 4 cities and intends to strengthen its network to 300 stores in 15 cities by December 2022. Its unparalleled operations-light and... (more)
