Gully Network Retail

About

Gully Network is a tech-enabled network of mid-sized grocery stores.

Bangalore,Karnataka,India
11 - 50
https://www.gullynetwork.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $1.20M
Industries: Grocery,Retail
Founded date: Jan 1, 2019
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Gully Network Retail Pvt Ltd.

Gully Network is India’s first network of small format omnichannel stores. We help offline retailers cope with the ever-dynamic purchase behavior of Indian consumers. Our tech-enabled platform takes care of the entire value chain (Sales, Margins, Automatic Inventory Replenishment, Finance, and Merchandising) for the retailers and generates additional income other than their primary business. We ensure an increase in net income of retailers with no day to day hassles. We offer the best of both worlds to their consumers; discounts and shopping experience of online platforms and the readiness of offline neighborhood stores.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$3.32M

Gully Network Retail has raised a total of $3.32M in funding over 2 rounds. Their latest funding was raised on Dec 31, 2021 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 31, 2021	Seed	$1.40M	4	—	—	Detail
Jan 12, 2021	Grant	$25K	1	Flipkart Leap	—	Detail
Nov 5, 2020	Seed	$1.20M	4	Venture Catalysts	—	Detail
Nov 26, 2019	Seed	$704K	1	Orios Venture Partners	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

10

Gully Network Retail is funded by 10 investors. Flipkart Leap and Venture Catalysts are the most recent investors.

Investor Name	Lead Investor	Funding Round
Flipkart Leap	Yes	Grant
Venture Catalysts	Yes	Seed
Orios Venture Partners	Yes	Seed
HEM ANGELS	—	Seed
Kunal Shah	—	Seed
Orion Venture Partners	—	Seed
SucSEED Venture Partners	—	Seed
Chris Sang	—	Seed
CP Ventures	—	Seed
Digital Futurists Angels	—	Seed