ElasticRun Description
ElasticRun is transforming the landscape of both physical and digital access for Indian consumers. By facilitating connections between businesses and previously underserved consumers, ElasticRun empowers FMCG brands to engage directly with over 10 million Kirana stores located in rural areas. Additionally, the platform provides eCommerce access to more than 100 million customers, while also supporting financial institutions in extending credit to around 100,000 rural stores. By illuminating data-dark stores, ElasticRun offers a competitive data advantage across various industries. The high capital expenditure and fixed operational costs typically associated with traditional networks hinder their ability to reach these markets. However, through crowdsourcing, ElasticRun establishes a no-capex, variable-cost network that enables extensive reach. The traditional networks struggle to meet the small transaction needs of rural stores, but ElasticRun's model of supply and demand aggregation makes it possible to serve these individual outlets efficiently. Acting as an extension of a brand's established network, ElasticRun unlocks a new and significant addressable market. Ultimately, ElasticRun is a game-changer, creating a no-capex, variable cost network that grants access to more than 10 million stores and revolutionizes the overall distribution landscape. This innovative approach not only enhances market access but also fosters economic growth in rural regions.
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