DESCRIPTION
RnR Stores is a Mumbai based India's first brick & mortar /Retail store aggregator company
▪ To Organize using Technology
▪ To provide our own distribution system
▪ In –store shopping experience to customers
▪ make products available at affordable prices
▪ increase total Footfalls in the store
▪ Increase revenues & overall performances
▪ & brand the unbranded individual shops
▪ We are the First movers in India with organizing it.
Startup Description
MAIN MOTIVE
▪ To compete with the e-commerce market & rising dominance of Retail chains.
▪ To give a Supermarket feel & experience to the small towns and villages & Tier-2,3,4 Cities people and make available daily consumable products at affordable prices.
▪ To organize the unorganized retail sector of $500 Billion, almost 90% is controlled by local grocery shops.
▪ Our motive is to penetrate the Tier-2, Tier-3 & Tier-4 cities where supermarkets have no accessibility
And today also in India, mainly 90% of the Consumers like to buy from their nearby traditional shops which has very great advantages for the startups here to make an impact.
Product Screenshots
Business Model
RnR Stores is a higher revenue business model & a profitable business with a 25-30% margin on each rupee of revenue.
• Retail companies sells daily consumables so it’s a Higher revenue + Valuation like our peers Reliance retail, Dmart,etc
• A Rs 30-35 lakhs revenue target on each RnR Store with a 20% CAGR increase annually.
• An annually increase of 16.5% EBITDA margin on each store we aggregate or franchise with.
• Per Store aggregating cost is Rs 7 Lakhs with to start Operations, Customer support, logistics service, etc
• To grow at a staggering rate of x+ by aggregating @100 Stores in 2024 in Maharashtra, Gujarat, Delhi, etc with a Rs 35 Crores revenue annualizing & a profitability of Rs 8 Crores.
Customers
based in
India
Business
Modal Type
Marketplace
Type of
Sales
B2B, B2B2C
Competitors
According to a Survey, 80% of Indian consumers prefer buying daily consumable from their neighbourhood, society stores
• The Indian Retail industry is 3rd largest in the World after US, China with a growth rate of 13.7% annually.
• With atmost 90% market share is with individual owners who controls almost $450 Billion market.
• No player in the industry to organize the brick & mortar stores on a large scale while taking care of the Customer
needs and profitability.
• Our peers are best examples
Dmart– established in 2002 as a organized retail company, is valued at a staggering $30 Billion company.
• So there is a huge opportunity to organize the unorganized retail market of almost $500 Billion.
Teams
Yash Rathor
Founder & CEO
Tell us a bit about how founding team knows
each other.
Currently, I am the sole Founder in my startup but as it grows further we will bring in the best people and build a great team with which we can grow faster.
Why did you decide to start this
company?
I actually came up with this Idea 2 Years back when I saw the grocery stores in the neighborhood are very Unorganized and individuals can't compete with the Retail chains in discounts & offers.
Are all the founders full-time on this
project?
Yes
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opportunity to invest in companies
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