Dark Stores
topic on 4 shows · 4 statements across 4 episodes
Innovators & Investors
the Neon Show
WTF is with Nikhil Kamath
20VC
4 statements about Dark Stores, every show
Pinnelli: Quick commerce is the biggest retail innovation and changed Indian consumption
“I think quick commerce is the biggest innovation where, which had changed entire consumption pattern in India, especially the 10 minute delivery from dark stores.”
Parekh: Dark store revenue expansion requires market share or new categories
“A dark store becomes profitable when you get a significant share of revenue on the dark store. From your catchment area, right? And your costs are therefore covered. Now, beyond a point, you have a catchment area. Retail store also has a catchment area. Beyond…”
Palicha: Most Zepto dark stores are currently profitable
“You know, to be honest with you, most of our stores make money today.”
Salur: Getir dark stores reach operational maturity six months post-launch
“Let's say old market is actually a market we're in after six months. When we open a warehouse in a new neighborhood, six months later, it's probably a mature warehouse. So after six months, the efficiencies come up really good.”