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While technology has played a major role in solving retail for end-consumers through B2C platforms, the traditional, fragmented base of mom& pop retailers have largely been ignored. This is ironic because a typical mom& pop store has a huge (8-10%) cost advantage over modern retailers given their low tax bills, low rent and employ family. Traditional retail in emerging markets is a source of livelihood to millions. Yet they lose out for lack of access to marketing, inefficient and expensive sourcing and limited and expensive working capital. This problem is prevalent across most emerging economies where 80-90% of retail is offline and spread across hundreds of thousands of small stores.
This is where Ula comes along - Indonesia is a $300B retail market with ~70-80% of it being offline through small stores - so imagine the potential of our solution! Our app allows these small stores to access a wide selection of products at a competitive pricing, delivered right to their doorstep, as well as working capital solutions.
We provide a simple front-end app, powered by sophisticated back-end systems that determine everything from pricing to inventory to intelligent salesforce route planning. We are building many first of their kind technologies in the world and need your help in building the right systems.
We are funded by Tier-1 Venture Capital Sequoia Capital India, Lightspeed India, Quona Capital and B-Capital Group - as well as prominent industry angels such as the founders of Udaan, Rahul Mehta of DST Capital and other established Indonesian angels.
We are a culturally diverse company with 38% women and 7 nationalities - the best minds are required to solve tough problems irrespective of where they come from. If would like to join us reimagine the future of retail in emerging markets, we would love to hear from you!
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Do you want to deliver code for a Y Combinator-funded startup?
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Shoppin' - if Pinterest and Google had an AI-powered baby 🍓
Here’s why:
shoppin' isn't just another AI powered tech platform.
we’re crafting a groundbreaking fashion search and shopping platform, one that outshines Google’s search capabilities, offers more intuitive recommendations than Pinterest, and engages users more deeply than Instagram’s feeds.
Our vision is bold — we’re not just building a foundational ai for fashion; we're aiming for the stars with a full-fledged fashion AGI.
Achieving such heights demands a remarkable team. Over the past month, our office has buzzed with energy and ideas, pushing us closer to crafting a user experience that feels as natural as it is innovative.
🚀 We have raised a funding of $1M pre-seed and will be raising another round very soon. Our aim is built the best founding team out there and we are scaling up our hiring efforts rapidly.
🍓Apply now to become a part of our creative force dedicated to shaping the future of fashion.
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