India
Slogan: Tech-enabled network of mid-sized grocery stores. Partner stores join us for increased income and end-to-end automation
Description: Gully Network's vision is to build an asset-light modern retail network of tech-enabled mid-sized grocery stores under the brand “GULLYMART”. Partnering with unbranded mid-sized stand-alone stores, they aim to improve income and automate end-to-end operations. Offering an end-to-end tech-enabled solution including exclusive supply, automatic and data-driven stock replenishment, increased sales, higher margin, superior fulfillment rates, and access to credit.
Story: Founded by Ajay Nain and Prateek Chaturvedi, alumni of IIT Madras and IIM Ahmedabad, Gully Network addresses the pain points of stand-alone stores by integrating them into a fully tech-enabled modern retail chain.
Investors: Gully Network is backed by Orios Venture Partners, Venture Catalysts, Inflection Point Ventures, and recognized by Flipkart under their first cohort. The startup has raised a total of $2M.
Founded: 2019
Industry: Retail
Headquarter: India
Last Investment: $1.40M Seed Round investment at 31 December 2021
Last Investment Investors: Orion Venture Partners, HEM ANGELS, SucSEED Venture Partners, Kunal Shah
