Gully Network is building an asset-light, tech-enabled network of mid-size stores operating under the Gullymart brand. It partners with local, stand-alone mid-size stores to provide a modern retail chain experience and help improve sales and income. The company offers an integrated tech solution including exclusive supply, increased margins, superior fulfilment across inventory, automatic data-driven stock replenishment, and access to credit and working capital. Gully Network says it works exclusively with partner stores, automates their operations, and doubles their net income. The startup was founded in 2019 by Ajay Nain and Prateek Chaturvedi. It raised $1.2 million in a pre-Series A round and plans to use the funds to scale to 100 stores.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2020