Company of three friends of Indore on 'Forbes India' cover page

Nov 18 2019 01:55 PM
Company of three friends of Indore on 'Forbes India' cover page

The shop grocery startup operating from Indore is making a splash. The startup was launched in 2015 by three friends Deepak Dhanotia, Tanutejas Saraswat and Sumit Ghoravat. The startup's turnover in the first year was around two crore rupees. Seeing the success of this startup, America's Batter Capital, Japan's Incubate Fund and have funded 14 crores. Along with this, startups are getting funding offers of crores of rupees from other companies.

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After Indore, shop grocery has started in Jaipur, Surat, Vadodara, and other cities too. They claim that the shop grocery turnover in 2019 has been around 450 crores. Accordingly, the startup has grown 225 times in four years. The startup was ranked among the top babycorn companies through a survey by Forbes India Magazine a few months ago. The startup was ranked first among 500 companies in the country. This startup has made it to the cover page of Forbes India.

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Tanutejas Saraswat is saying that at present, eight cities are selling grocery items. Indore is our headquarters and we are selling the most goods here as compared to all other brands. They say that next year they will visit 90 cities in the country. His work is about work culture, we give employees a family-like atmosphere. We consider their problems as their personal problems. Cakes are cut on small achievements every other day in the office. Employees fix their targets themselves and allow them to work in the environment in which they like to work. Tanutejas says that we now have a total of 700 employees. Experienced people from many big cities have also been added to this. Kisan Grocery has also been launched in January 2019 under Shop Grocery Startup. After Indore, it has also been started in eight cities of the country. The founder says that earlier we used to buy grains, spices and other ingredients from other brands, but now farmers have been added. We have achieved a turnover of Rs 1 crore in a few months in Kisan Grocery.

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