Snapbizz Publishes State Of Kirana Retail 2020 Report In Indian Market

 

* Report shows how Kirana stores adapted to the situation and transformed their approach to daily selling

SnapBizz, India’s only vertical platform exclusively for the FMCG Industry fulfilling last mile connectivity with Kirana stores has released a new report outlining the transformation that Kirana stores from across India have gone through to fulfil the changing requirements of their consumers while facing a pandemic.

According to the new report, the majority of Kirana stores have created some system where customers can order via the internet or through an app, in an attempt to safeguard themselves from losing their customers to e-commerce platforms. The study also shows how in 2020 there was an increase in spends per bill reflecting more items in a bill, price rises and switching to more expensive items due to supply shortage and migration of new shoppers with different shopping habits from modern trade to Kirana stores.  

The study analysed over 2 million consumer bills recorded in the SnapBizz network of Kirana stores spread across 10 cities which include Delhi NCR, Mumbai, Pune, Ahmedabad, Bangalore, Chennai, Kolkata and Hyderabad. SnapBizz is backed by marquee VCs such as Jungle Ventures, Taurus, Blume Ventures and strategic investors such as Nielsen, Qualcomm, AUO and Mr. Ratan Tata.

Prem Kumar, Founder & CEO adds “The consumer retail segment has witnessed rapid growth in terms of digitization of MSMEs in 2020. This was fuelled by the current COVID-19 era which brought in new opportunities in the retail sector specially for Kiranas. As a result, over a million Kiranas have gone digital in recent months and their stores have gone online by accepting online payments, ordering supplies online, managing inventory, etc. The technology cover now enables them to leverage their strengths like proximity, personal touch, and flexibility further to acquire new customers effortlessly.”

The report gives an in-depth analysis into food and non-food categories and a clear analysis on the effects of COVID and lockdowns on FMCG selling pattern, availability and pricing.

Highlights of the Study-

The staples categories witnessed a surge in baskets and spends by 20% even though the store presence had a marginal increase in 2020 vs. 2019; possibly due to more people working from home and eating out was limited for the greater part of the year. 

Most of the retailers (more than 90%) were not supported by distributors in terms of larger credit lines or longer credit periods; Adding to the working capital problem, more than 50% retailers had difficulty in collecting from customers. However, overall, the credit bills have remained stable in 2020 compared to the previous year.

Home deliveries increased and 75% stores are working towards going online

80% of Kirana stores saw an increase in customers

Banking sector has become very involved in the Kirana Eco-system

Sales were more consumption driven rather than price except for Dals & Pulses. It was observed that during lockdown and till Oct’20, the shopper spends increased significantly, however declined and went to pre-COVID-19 levels post that.

Overall, the consumer spends increased and this was primarily from the larger outlets than the smaller ones.

The consumer spends on categories like Snack Foods, Biscuits and Noodles also increased by 25% in 2020 and the same trend was noted except for Biscuits where the spends dropped in Nov '20.

Digital payments were on the rise in 2020, more through payment apps, and a lesser rise through credit / debit cards which require more KYC formalities.

There was a spike of 50% in the share of spends in the food category in March but now it is coming back close to pre-COVID-19 levels even though it is still 18% higher than pre-lockdown days.

The Kirana stores continue to leverage online ordering apps to cater to the current consumers. The number of consumers that ordered from grocery stores via SnapOrder mobile app increased by 5x as compared to Pre-COVID-19 levels.

SnapBizz is currently working closely with FMCG brands, distributors, wholesalers, e-commerce players (B2B/B2C), financial service players, consulting companies and Kirana stores to help bridge the information gap and find solutions based on the results of these reports. This analysis also helps Kirana stores better deal with their consumer requirements.

About SnapBizz

Headquartered in Bengaluru, SnapBizz provides new age solutions to convert the neighbourhood Kirana stores into smart stores and enable them to leverage their current strengths to gain competitive edge and increase store profitability.

SnapBizz provides Kirana stores with easy-to-use solutions to manage and optimize store operations with products such as Snapbilling (touch-based billing solution), SnapOrder (online B2C app), SnapSupply (FMCG distributor app) and SnapPulse (retail analytics solution).

With a presence in 7 major cities in India, they are today the only vertical platform exclusively for the FMCG Industry fulfilling last mile connectivity with Kirana stores its consumers and other stakeholders in the FMCG ecosystem. The stakeholders include FMCG brands, distributors, wholesalers, E-commerce players (B2B/B2C), advertising agencies, logistic players, and financial service players.

The company presently has a network of 10000+ Kirana stores who collectively do a business (GMV) of approx. of $1 Billion/year. Given its increasing relevance in the space due to the current circumstances, SnapBizz is on a fast-track mode to build a network of 150,000 stores across 42 cities and becoming a $ 15 billion platform.

Vodafone Idea Foundation Scholarships 2021 Now Open Across India

* All Teachers and Students from across the country can apply under ‘Learning with Vodafone Idea’ programme

* Rs. 1 lakh Cash scholarship for Teachers; Rs. 20,000 for Students

* 200 Teachers and 2500 Students were granted scholarships in 2020

Vodafone Idea Foundation - the CSR arm of Vi, has invited applications from Teachers and Students for the ‘Learning with Vodafone Idea Scholarship’ programme for the year 2021-22.

The Vi CSR initiative aims to bridge the social and fiscal divide that teachers and students face in terms of availability and accessibility to the necessary resources to help them excel.

Launched in 2020 these scholarships entitle teachers as well as students to access Direct Beneficiary Transfer (DBT) covering a list of permissible expenses. The scholarships are merit based for teachers and merit-cum-means based for the students. The selection process is entirely online, overseen by an independent jury, including eminent educators, representatives of civil society organizations.

Vodafone Idea Foundation is offering Rs. 1 Lakh cash Scholarship to Teachers and Rs. 20,000 to Students to help them avail necessary resources for quality education.

Launching the Scholarship this year, P. Balaji, Chief Regulatory & Corporate Affairs Officer, Vodafone Idea Limited said “Vi is committed to leverage our technology expertise and network to create social impact. Providing access to education is one of the fundamental ways of improving employability, thereby reducing poverty in the country. We strongly believe that no student or teacher should be held back from achieving their true potential due to financial constraints.”

Eligibility Criteria:

Full time teachers from government/government-aided schools or low income private schools with 3+ years of experience can apply for the scholarship. They must be teaching standards 8 and above and possess credentials in the form of recognized academic awards, papers, teaching-learning innovations and content creation, to be eligible.

Students from government/government-aided schools from 6th to 12th class with recognized academic or extra-curricular achievements can apply for the Vi CSR Scholarship.

Scholarship winners can use the money to procure IT equipment (laptop, printer) and pay for course fees, educational books, magazines, school tuition fees, amongst other school related essentials.

To know more and to apply, please visit: www.learningwithvodafoneidea.in/vi-scholarships

Quotes from Beneficiaries of ‘Learning with Vodafone Idea Scholarship’ 2020

Kalpana Rajauriya, one of one winners last year said “Students often find books boring and we as teachers have to constantly find new ways to keep them engaged. I always wanted to create content for students myself since it will be more relevant. However, doing it on a mobile phone was always cumbersome. Upon receiving the Vodafone Idea Teachers’ Scholarship, I have now purchased a laptop and recently created my first content and shared it with my students. Especially during the pandemic with the help of the laptop I could easily conduct classes and show my students a variety of content. The scholarship will inspire me to work harder for my students.”

Shmruti Prashant Patro, a student scholarship winner from Maharashtra said, “This year we could not go to the school and suddenly we were told to study from home. Our teacher was taking classes on mobile phones, but my parents could not provide me a phone and I had to borrow it sometimes from neighbours which was causing delay and many times I had to miss my class since the phone was not available. On receiving the Vodafone Idea Students’ Scholarship, one of the first things I purchased was a mobile phone, which I am now using to attend all classes and also use the internet as the teacher tells us. My school fee for the last few month was also pending, which I have paid using the scholarship.”

Vodafone Idea’s CSR has transformative programmes in the domain of Education, Agriculture, Women Empowerment and Technology.

About Vodafone Idea Limited

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

The company offers products and services to its customers in India under the TM Brand name “Vi”.

Ookla® - the global leader in broadband testing and web-based network diagnostic applications, has verified Vi, based on analysis of Speedtest Intelligence® data as the fastest 4G network pan-India in Oct to Dec ’20.

Twitter - @VodaIdea_NEWS

Logo And Theme Launch For The 15th Global Conclave Of PRCI Communication 2021 - 2030, Mapping The Mega Trends

 

The Public Relations Council of India, PRCI, launched the logo and theme for its 15th Global Conclave scheduled for May 28 and 29, 2021, in Goa, at Hotel Woodlands, recently. 

Mr. M.B.Jayaram, Chief Emeritus and Chief Mentor said, "We have been witnessing a major change in PR and Communication in the last few years. But the pandemic triggered off a change that was gradual to the fast lane. Out of necessity is born a new era of invention and innovation, the theme, 'Communication 2021 - 2030, Mapping the Mega Trend' is intended to tap into shaping the trends of our times."

The logo represents the theme of the 15th Global Conclave very aptly. Mr.R.T Kumar, Director and Logo conceptualizer, PRCI said, "Whether it is education, medical consultancy, shopping, customer relations, news and even eating out, all now at your fingertips. The fingertip is a prominent tool to communicate. The conclave logo shows how our lives and all that we do revolves around this one finger. The colour chosen is a stylish corporate grey since the focus of the conclave will be on PR and Communications."

The logo and theme was unveiled by Dr. K.R Venugopal, Vice Chancellor, Bangalore University. The launch was moderated by Nikhil Kumar, a multifaceted global music and media professional in the presence of Mr. M.B.Jayaram, Chief Emeritus and Chief Mentor, PRCI, Mr. Srineevasamurthy, Chairman, Governing Council, Dr. T Vinaykumar, National President, PRCI, Mr.US Kutty, Secretary General, Governing Council, Mr.R.T Kumar, Director and Logo conceptualizer, Dr.Latha T.S , State Head, PRCI, Karnataka and others.

Syska Accessories Launches Innovative Syska P2024J Power Bank On Flipkart Flash Sale

* The Flipkart Flash Sale will be live on 19th February from 12pm to 12am

• Syska Power bank is a Made in India product with premium metal body finishing

• 20,000mAh 18Watt quick charge power delivery Power Bank for fast charging requirements

• 2 way Input-Output fast charging technology for enhanced performance

• 12 layer advanced chip protection to avoid malfunctions

• Dual Input Ports – Micro USB and Type-C for easy charging options

Syska Accessories, a leading brand in the mobile accessories segment, offering innovative and unique products today announced the launch of the Syska P2024J Power Bank which will be exclusively available for purchase on Flipkart. The power bank is an ideal option for charging all sets of smart devices and smart phones. Syska mobile accessories offer a wide range of top quality products such as wireless speakers, wireless headsets, wireless earphones, car chargers, and others.

Syska P2024J zoom charging power bank consists of a steady capacity of 20,000mAh. Syska has manufactured this power bank with superior technology offering a prodigious charging experience. With the spike in work from home accessories, Syska has been striving to offer consumers innovative products that help make work-life more comfortable and seamless. The power bank charges multiple smart devices simultaneously with a uniform fast charging speed and offers a safe current supply through its 12-layer chip protection.

Commenting on the launch of the P2024J power bank, Mr. Gurumukh Uttamchandani, Executive Director, Syska Group said, “At Syska, we have always conducted an in-depth market research to gauge the requirements of our large consumer base. As a company, our aim is to meet the necessities of our customers by offering best products which are examined for quality and reliability and are equipped with the latest technology. The latest Syska P2024J Power Bank has been manufactured in India for consumers who are on the lookout for a compact power bank with an uninterrupted power flow that presents a smooth charging experience. This charger is the complete solution for everyone out there.”

Syska P2024J Power Bank is priced at Rs. 2499/- but will be available at a very interesting introductory price of Rs. 1,099/- only on 19th February 2021 from 12pm to 12am during the Flipkart flash sale across three colors Midnight Blue, Blazing Red and Pearl Black. The Syska P2024J Power Bank comes with a 6 months warranty against any manufacturing defects. The warranty will be effective from the date of purchase of the product. A fast charging Type-C cable is given as an additional accessory in the same box for better performance and the product is compatible with multiple devices.

WhiteHat Jr Expands Product Bouquet By Launching The ‘Create with Math’ Curriculum

* Marks milestone in the journey of establishing the largest online live learning platform offering multiple subjects to benefit students around the world

WhiteHat Jr, the leading EdTech company that made inroads in multiple international markets by teaching Coding to students through its live online format, has expanded its offerings by launching the ‘Create with Math’ curriculum. This foray marks the first of multiple new subjects that the company is targeting to launch over the next few months. Currently, WhiteHat Jr’s 11,000 strong women-only teacher workforce from India, conducts more than 40,000+ 1:1 LIVE online classes every day on its proprietary platform.

Highlighting the importance of the launch, Karan Bajaj, WhiteHat Jr Founder and CEO, said,   “At WhiteHat Jr, our core philosophy has always been to empower the next generation to become creators rather than consumers by channelizing their natural creativity with an engaging curriculum and personalized live 1:1 teacher attention. The launch of ‘Create with Math’, executed with a unique tech-enabled curriculum, is a logical next step as we scale up our platform to make each child fall in love with learning. Aligned with our vision to establish the world’s largest live learning platform, we are working towards launching multiple subjects to fully enable kids’ to fulfill their creative destinies.”

The curriculum aims to empower children to be Math confident for life by making even the most Math anxious students fall in love with the subject. Anchored on US Common Core Math Standards, which is among the most rigorous global standards, the ‘Create with Math’ curriculum will cater to children from class I to VIII in India and across the world progressively. The launch follows a detailed test phase across hundreds of classes that received exceptional feedback from students, parents and teachers.

“We have carefully designed the ‘Create with Math’ curriculum to help children understand the 'why' behind Math and use it confidently to solve real-world problems around them. We have designed the learning experience to be like a playground - where the child interacts and builds with Math. We emphasize visual learning, build concept mastery, and deep application skills through our in-class and post-class activities," said WhiteHat Jr's Chief Learning Officer Balaji Ramanujam. "What's truly meaningful about our program is that we consciously build a mathematical mindset - inspiring children to 'learn to learn,' accept mistakes as part of the learning process, develop grit and creativity, and work collaboratively to solve problems."

The curriculum is brought to life by a specialized batch of highly trained and qualified all-women teacher workforce who have undergone extensive training on being math certified.

About WhiteHat Jr

WhiteHat Jr. has been launched with a singular mission of enabling kids to become creators versus consumers of technology. Kids learn logic, structure, sequence and algorithmic thinking to generate creative outcomes like animations and apps.

To date, we have taught more than 175k students across the globe, including countries such as India, the USA, UK, Australia and New Zealand. Our 11,000 strong women-only teacher workforce conducts more than 40,000+ 1:1 LIVE online classes every day on our proprietary platform.

Legrand Launches “Myrius Next Gen” Steps Into A New Range Of Wiring Across Indian Market

Legrand India, a global leader in electrical and digital building infrastructure today launched its  new range of wiring device ‘Myrius Next Gen’,  the premium product assortment. Myrius Next Gen is expected to build a value and  strengthen Legrand’s presence in the premium segment with its modern technology. The product range is targeted at the residential and commercial segment with also a focus on architects , builders, electricians, consultants, contractors, developers, system integrators and  retailers. 

This collection is very unique as the Legrand team has developed specially curated Motif collection plates inspired by our Indian culture and heritage. One of the examples; Dark Fade plates are inspired by the dense, impenetrable jungles of South West India cocoons the mysterious spicery of pepper. Taking after the sprawling pepper plantations in Kerala and Tamil Nadu, Dark Fade adds zing to any mundane interior. IMD technology has been used here, which is a breakthrough as it’s the first in this category. With this technology it adds to the finesse and durability of the products and also goes with the latest style of home décor.  

This new range of products have been developed  using the intelligence of IoT which includes wireless technology, controlling it remotely (even when away from home), voice control, app control, can monitor electricity usage & get alerts. With this the brand promises its customers savings, safety, convenience, and control, additionally, for comfort and peace of mind. Legrand’s IoT enabled Home/ Away Wireless Master Switch lets its users switch on or off multiple things like all lights, shutters or  sockets by just pressing one switch at home or by tapping the app on your phone, even when you are not home. All the products in this range are designed in such a way that it is retrofittable, now the customers don’t need to worry about changing the electrical infrastructure.  

Mr. Tony Berland, CEO & Managing Director, Legrand India said, “ Due to the pandemic, 2020 was a difficult year for the entire world and Indian electrical brands were no different. But despite such tough conditions we decided to launch a whole new range of wiring device which  focuses on designeering & technology for our customers. New products development has been an integral part of our growth engine & we plan to stick to that philosophy.  We are extremely proud  to add a new range to our premium product assortment with the new brand – Myrius Next Gen.”  

Mr. Sameer Saxena, Director- Marketing, Legrand India said, “Legrand strongly believes that customers are at the heart of the Innovation. Keeping in mind that customers are our priority we decided to launch Myrius Next Gen. Feedback from our  customers helped us a lot to anticipate the trends and their future expectation. The idea behind this range of products was to assure comfort to our customers with the latest IOT technology. To ensure that all our customers have unique experience and choices, we specially designed our motif collection truly inspired by our Indian heritage and rich culture.” 

The brand has been conceptualised and inspired  by its customers health and hygiene being a priority, especially during the times of COVID. Powered by the silver ion’s, Legrand has created anti-bacterial feature which inhibits the growth of bacteria on frequently touched  switches and plates.  

Legrand is world’s leading electrical and digital building solution provider company with global turnover of 5.5 billion Euros. The company enjoys leadership in premium wiring devices as well as MCB in the Indian market. Its products are widely used in residential, commercial, industrial and hospitality industry.  Legrand India takes a further leap with its Smart connected Home offerings. Through its entry in the IoT space it takes a further leap from the brand in its Smart Connected.

About Legrand Group in India: 

A global specialist in the electrical & digital building infrastructure, Legrand is a Euro 5.5* billion (470.2864 cr) group based in   Limoges, France. The group has manufacturing facilities   in   90 countries   and   its products   are   sold   in   over   180   countries.   Globally, Legrand is a leader   in wiring    devices    and    cable management with a global market share of  over  20%  and  14% respectively. Legrand also enjoys leadership positions in at least one of its major business areas in a  number  of  countries  including  France,  Italy, Russia, Brazil, Mexico, China, and of course India. 

Legrand India offers a wide range of products in the categories of  Energy distribution, Wiring devices, Home    Automation,    Structured    Cabling,    Lighting    Management    Solutions,    Cable Management    and Industrial application products. It is an undisputed leader in MCBs, RCDs and DBs and a strong No. 2 in wiring devices Apart from this, the company also holds a leading position in Home Automation, MCCBs and Cable management systems. 

The company’s geographical reach, across market segments, caters to new requirements of customers with smart solutions that make Legrand a multipolar group.  And this multipolar nature, and the global philosophy of Listen, Design, Make and Support has enabled it to provide innovative and smart solutions. Legrand’s products are amongst the top in the market and have undisputable brand equity. 

Legrand products and services comply with the three criteria of simplicity – simplicity of use, simplicity of installation and simplicity of distribution - which enables the company to quickly penetrate new markets. With an employee base of over 1000 in India, the company is fast emerging   as   a   leader   in   its   core business by extending products and services that suit every segment in the local market. 

Headquartered in Mumbai, Legrand operates across India through 26 offices, 600 stockiest, 11500 retail outlets with three state-of-the-art manufacturing units, seven training centers and two R&D center. Technological innovations, simple   and   rapid   product   combinations   to   form communicating systems, clever installation ideas etc. are the focus of the R&D team at Legrand. 

WinZO Sponsorships India’s First Ever XO Space; To Boost Esports Penetration In "Bharat Supporting 12+ Languages"

WinZO, India’s largest vernacular social gaming platform, is the official sponsor of XO Space. XO Space is India’s first ever Gaming House that is being hosted by its parent company Esports XO.  

The gaming house will feature India’s 40 biggest and most followed Freefire Youtubers and streamers with a combined subscriber base of 75 million+. Pro Freefire Gamers such as ProNation and Dev Alone will be participating in this 11-month long competition which will be live streamed on WinZO and YouTube. The content will be hosted on the vernacular app, WinZO, in multiple languages to propel the reach to the deeper parts of Bharat. Within a week of launch, this event is projected to garner 1 Billion+ eyeballs, alone over YouTube.  XO Space is also witnessing participation from Indian Sub-continent and countries such as  Bangladesh, Nepal and other South East Asian countries. While this is an opportunity to build further on the streaming ecosystem, the winning  team of the XO space will be rewarded with a Cash prize worth Rs.11 lacs.   

Post PUBG ban and cancellation of offline eSports globally due to COVID 19 pandemic, XO Space is a boost to the  pursuit of Indian gaming talent to rise to international fame. 

In an unprecedented move, over the last 3 months, WinZO has partnered with 100,000 ByteDance influencers (Helo and TikTok)  from tier II and smaller cities/towns who were affected by the shutdown of the operations of TikTok post government ban over the Chinese apps. WinZO has deployed resources to upskill these influencers through extensive and structured training programs on gaming content creation and streaming technologies. The Vernacular focused Gaming and Streaming platform is not only distributing culturally relevant regional content but also democratising content making at a massive scale. This is a positive step in the support of PM Modi’s Atmanibhar Campaign.  

One such beneficiary of WinZO’s upskilling program is Pro Freefire Player and streamer Mr. Lokesh Raj, popularly known as “Lokesh Gamer”. Lokesh started with WinZO at a very nascent stage with 200k subscribers and today enjoys 7.5M+ subscribers on his official YouTube channel. Mr. Raj said “WinZO played a pivotal role in upgrading my skills. Their training on regional content creation and streaming tech helped me create industry standard content to engage my users effectively and has resulted in swift growth. I leverage significantly from the traffic that can from WinZO to my channel,  growing my channel from sub 200K to above 7MM follower base within 12 months. ” 

WinZO also developed a cutting edge tool; WinZO Developer Console (console.winzogames.com) to democratize game publishing for the game developers who can access the ready market of 30M+ registered user base of WinZO and effectively monetize their games. WinZO’s user base consists of transacting users who reportedly make 1 billion+ microtransactions per month on the platform. This effective monetization model allows developers to earn 100X more revenues than their play store and apple store IAP and Ad based revenues. 

Mr. Ranjan Shrestha, of Bhoos Entertainment, who runs a ten-membered game studio and was one of the beneficiaries of WinZO’s developer’s fund-I of $1.5 million corpus said: “We had multiple games which were not doing so well on play store and other stores in terms of revenue generation. However, after the partnership and integration of those games on WinZO, we have received huge traction from the same games, thanks to the specialization of WinZO in promotion and marketing. Algorithms to push the content to the relevant audience helped drive the engagement further. We have seen 100x more returns than any other sources and we do not need to worry about the monetization and distribution at all. Our sole focus is to build high-quality games.” 

As an extension of its Game Developer-I fund, WinZO also recently announced the Game Developer Fund-II with a corpus of $5 Million with the vision to support and nurture the game development,ESports, Streaming. So far, it has received 1000+ submissions on the Game Developer Console against the announced fund. WinZO has also opened its offices for these developers to collaborate & build together with the team. 

Earlier in September 2020, WinZO announced its Series-B funding of $18 Million led by global interactive entertainment fund Makers Fund based in Singapore, New York-based Courtside Venture, and Steve Pagliuca, the Co-Chairman of Bain Capital and investor in Epic Games - developers of massively popular game, Fortnite. 

About WinZO: 

WinZO is the largest vernacular social gaming platform in India, launched in early 2018. The company partners with third party game studios to host their games on their Android app, creating a Netflix-like experience for users, who can enjoy multiplayer gaming formats with their friends or strangers online in a localized and personalized fashion. The platform is available in 12 languages with over 30+ million registered users. Clocking over 1 billion micro-transactions per month, WinZO offers 70+ games across various multiplayer formats. This vernacular social gaming platform focuses on building a community of gamers and game influencers in Tier 2 – Tier 5 cities of India. WinZO is designed to deliver strong positive unit economics in the Indian gaming ecosystem, which experiences one of the highest engagements globally, through a unique micro-transaction led model. 

WinZO was founded by Paavan Nanda, a second time entrepreneur, and Saumya Singh Rathore. It boasts a team of 60 members. Some of the major investors backing WinZO are - Makers Fund, Courtside, Kalaari Capital. WinZO is also backed by Stephan Pagliuca - Co-Chairman of Bain Capital and Co-owner of the popular NBA Basketball team, Boston Celtics.