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Reliance Industries' new hyperlocal store format to aid new commerce initiative

Updated : February 06, 2020 06:35 PM IST

RIL's previously announced new commerce initiative entails on-boarding kirana stores and digitising them via merchant POS machines.
The concept was to leverage the network presence of kirana stores for RIL's e-commerce initiative.
In its new format 'Smart Point' stores, RIL is "using an interplay of delivery through kirana stores and own warehouse," Credit Suisse said.
Reliance Industries' new hyperlocal store format to aid new commerce initiative

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