14th June 2024
Kiko Reside, a SaaS answer for neighbourhood shops, has joined the Open Community for Digital Commerce (ONDC) community as a vendor community participant.

The Kiko app answer was initially designed to assist native retailers handle their supply orders through telephone, WhatsApp and so on. On the ONDC community, Kiko goals to faucet right into a broader buyer base, offering an expanded selection for the patrons.

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“We’re step by step onboarding our record of outlets onto the ONDC community because of the overwhelming surge in orders. Some sellers are already receiving 20-25 orders each day with out working promotions. Orders are rising at over 100% week on week, main us to scale our operations and help groups, too. Our sellers keep a close to 100% fill fee and profitable supply fee, a development we intention to maintain throughout our enlargement,” mentioned Kiko’s founder Alok Chawla.
Sellers utilizing the Kiko app can uncover and obtain orders from a giant pool of potential prospects by the ONDC community. The Kiko vendor app additional presents built-in fee and hyperlocal logistics options to enlisted retailers, it mentioned. Over the following few quarters, the corporate mentioned it’s going to assist over 50,000 new sellers, significantly first-time on-line sellers enter the community.

In November, Hindustan Unilever Restricted (HUL) mentioned it’s going to assist onboard practically 1.three million kirana shops on ONDC serving to them compete with ecommerce and fast service grocery retailers.

“We’re delighted to witness Kiko’s exceptional progress on ONDC. We try to create a clear ecommerce ecosystem with equal alternatives for all and Kiko’s success provides to the vibrancy and success of our Community,” mentioned ONDC MD and CEO T Koshy.

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Kiko Reside is backed by early-stage traders, together with 9 Unicorns, Enterprise Catalysts, SOSV, and GSF, in addition to angel traders such because the CEOs of Indiamart, Spotify India, and Nazara.

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