JioMart to Expand Into Electronics, Fashion, Healthcare And Pharmaceutical Retail: Mukesh Ambani

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JioMart will expand its inventory with electronics, fashion, healthcare, and pharmaceutical products, reliance Industries chairman Mukesh Ambani announced at the company’s annual general meet. In addition to assisting customers with the fast and safe delivery of products, the online grocery platform announced partnerships with grocery store owners, helping them transact digitally and turning their regular shops into self-service stores within 48 hours. JioMart was originally launched in May, circulating in around 200 cities across India.

JioMart aims to serve customers as well as queens and takes a two-way approach to achieve this. For customers, JioMart is expected to move beyond groceries to include electronics, fashion, healthcare, and pharmaceutical products in its inventory soon. Also, in view of the ongoing epidemic, JioMart now offers a complimentary COVID-19 safety kit with orders every first time.

JioMart is working closely with WhatsApp to facilitate easy transactions between customers and grocery store owners. Ambani believes it will “create growth opportunities for millions of Indian small traders and enable customers to seamlessly transact with grocery stores.”

For grocery owners, JioMart allows sellers to stay digitally connected and transact through a multifunctional POS. JioMart also offers a solution for grocery store owners, where Reliance Professionals will turn a regular store into a self-service store in less than 48 hours. To ensure a continuous supply of products in the store, JioMart will also ensure the auto-replenishment of inventory.

Reliance started launching a beta version of JioMart in nearly 200 Indian cities in May. Ambani said JioMart has seen an average of about 250,000 orders a day since then. The online platform will also show greater access to more cities in the future, including collaboration with more brands and startups.

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