JioMart is an Indian e-commerce company, headquartered in Navi Mumbai, Maharashtra, India, that started as a joint venture between Reliance Retail and Jio Platforms. The company initially focused on online groceries sales before expanding into other product categories such as fashion, home essentials, and lifestyle products.[5][6][7]

JioMart
JioMart logo.svg
Type of businessPrivate, subsidiary
Type of site
E-commerce
Available inHindi, English
FoundedDecember 2019; 3 years ago (2019-12)[1]
HeadquartersNavi Mumbai, Maharashtra, India
OwnerReliance Industries Limited
Founder(s)Mukesh Ambani
Key peopleMukesh Ambani
(chairman)
IndustryE-commerce[2][3]
ServicesOnline shopping[4]
Employees10,000 (2020)
Parent
URLwww.jiomart.com

The platform was soft-launched in December 2019. A pilot was initially launched in select areas of Navi Mumbai, Thane and Kalyan in April 2020.[8][9] In May 2020, JioMart was fully launched in 200 cities and towns across India.[10][11][12] Within only a few days of its launch, the JioMart app surpassed one million downloads.[13]

In October 2020, JioMart signed an agreement with Infibeam Avenues. Under this deal, Jio will use Infibeam's solutions to power its e-commerce and digital payments services.[14]

In August 2022, JioMart signed an agreement with Facebook to launch first-ever end-to-end shopping experience on WhatsApp. Under this deal, Jio will use WhatsApp's chat solutions to power its grocery shopping service in India.[15]

See alsoEdit

ReferencesEdit

  1. ^ Doval, Pankaj; Sarkar, John (31 December 2019). "Reliance starts kirana-led retail venture Jio Mart". The Times of India. Retrieved 11 June 2022.
  2. ^ "JioMart's Jio moment—can the RIL company disrupt Indian retail?". Moneycontrol. Retrieved 13 May 2020.
  3. ^ "RIL plans to bring kiranas closer to you". Times of India. Retrieved 13 May 2020.
  4. ^ "How Jio-Facebook deal could fuel Reliance Retail's e-commerce platform JioMart". CNBC TV18. Retrieved 13 May 2020.
  5. ^ "What is JioMart?". Indian Express. Retrieved 8 May 2020.
  6. ^ "JioMart ramps up ops with credit, incentives". Times of India. Retrieved 8 May 2020.
  7. ^ "JioMart-kirana tie up: Smaller FMCG cos to benefit, larger ones weighing options". cnbctv18.com. CNBC.
  8. ^ "JioMart is at the heart of Reliance Industries' retail ambitions". Economic Times. Retrieved 8 May 2020.
  9. ^ "JioMart sees 6,000 kirana stores going onboard to offer WhatsApp grocery shopping". Moneycontrol. Retrieved 8 May 2020.
  10. ^ "Mukesh Ambani's JioMart expands to 200 Indian cities in challenge to Amazon and Flipkart". CNN.
  11. ^ "JioMart goes live in 200 cities after Mumbai pilot – Times of India". The Times of India. 25 May 2020.
  12. ^ "JioMart website goes live across 200 cities in India – ETtech". ETtech.com.
  13. ^ "JioMart delivering over 4 lakh orders daily, to expand services across cities with kirana tie-ups". Moneycontrol. Retrieved 17 August 2020.
  14. ^ Bhakta, Pratik (5 October 2020). "Infibeam enters into an agreement with Reliance Jio for its enterprise solutions". Moneycontrol.com.
  15. ^ "Meta partners with Reliance Jiomart to offer grocery shopping on WhatsApp". Business Standard. 30 August 2022.