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Jumbotail, NEC partner to digitise 19 million kirana stores; Japanese major to invest
ETRetail.com· 2026-03-03 11:08
Core Insights - Bengaluru-based B2B marketplace Jumbotail has formed a strategic partnership with Japan's NEC Corporation to enhance the digital transformation of India's 19 million kirana stores [5] - The collaboration will integrate NEC's global retail technology and AI capabilities with Jumbotail's B2B marketplace and new retail platform, aiming to strengthen the mass-market kirana ecosystem [5] - NEC will make a strategic investment in Jumbotail as part of this partnership [5] Company Overview - Jumbotail provides kirana owners access to a wide assortment of products across grocery and general merchandise categories through its B2B ecommerce platform, integrated fulfilment network, and embedded fintech solutions [5] - The company also operates modern convenience stores under the J24 brand, utilizing its GoldenEye retail operating system [5] Partnership Details - The collaboration will customize NEC's AI and data analytics solutions for Jumbotail's kirana partners, focusing on improving assortment discovery, inventory management, in-stock rates, and working capital efficiency [5] - The companies will co-develop go-to-market retail solutions to enhance brand engagement, targeted promotions, and consumer insights at the store level [5] - The partnership aims to bring enterprise-grade retail technology, typically available to large modern trade players, to small neighbourhood retailers and regional brands, thereby improving efficiency, customer retention, and profitability across India's mass-market retail ecosystem [2][5]
Sodali & Co Hires BlackRock Investment Stewardship AI and Data Lead
Businesswire· 2026-02-11 19:20
Core Insights - Sodali & Co has appointed Brett Miller as the Global Head of Data Analytics, based in New York [1] - Miller previously held the position of Head of Data Analytics for the Investment Stewardship team at BlackRock [1] - In his new role, Miller will lead the global AI and data analytics strategy for Sodali and integrate data-driven insights across the firm's services [1]