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VilCart hits 1 lakh rural outlets as 2 lakh urban kiranas shut; eyes ₹1,500 crore by FY27, $30 million raise
BusinessLine
2 days ago
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“About 1.5% of the country’s 13 million outlets have closed, mainly in urban areas, as quick commerce takes over high-margin categories,” said Prasanna Kumar C (CPK), Founder and CEO of VilCart
As kirana stores face mounting pressure in urban India, they are continuing to expand in rural markets. Bengaluru-based VilCart is scaling into that divide, building over one lakh kirana stores acro… [+5027 chars]
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