- Founded in
2020
- Company Industry
Software Development
- Headquarters
LBS Marg, Mumbai, - 400080, Maharashtra, IN
About us
Kiko Live helps retailers setup their digital storefront and give a quick commerce experience to their customers. Our solution provides retailers with cataloguing, discovery, payment solutions and hyperlocal delivery services.
Whatsapp and phone driven home delivery orders with retailers form >10%, or close to $80b value sales which will get entirely digitized over the next few years. Kiko Live is the leading enabler in this space. We have been acknowledged by ONDC in it’s Q1 2024 report as the largest Retail Grocery enabler and alsorecognized and acknowledged by Government of India in the ECONOMIC SURVEY OF INDIA 2024 as a leading Grocery retail digitization enabler.
We are the most capital efficient Quick Commerce solution, that we are working to scale nationally, at a fraction of the cost of inventory led, capital guzzling Quick Commerce solutions. Every transaction on Kiko Live is unit economics positive.
Supply is the challenge in the Quick Commerce Universe. Demand can be generated with marketing, however creating supply is extremely capital intensive. Cost of inventory holding, shrinkage, leakage, expiry increases disproportionately with increase in SKUs. Additionally, dark store led Quick Commerce is not viable in low population density areas. Our solution is building the supply asset ecosystem.
Kiko Live seller inventory can be plugged in to multiple buyer solutions, including ONDC and other quick commerce apps to enable long tail SKUs, and to power Quick Commerce supply in low population density areas.
Kiko Live has been awarded 2 patents for Quick Commerce and Live Commerce with a third patent pending.
Funding
Self-funded (bootstrapped) company without external investments.