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Niki unlocks Bharat's internet economy averaging 52 transactions per household in 2020

Bangalore (Karnataka) [India], January 12 (ANI/BusinessWire India): Niki, Bharat's "full stack Ramu Kaka" today announced having witnessed a formidable habit creation in customers, averaging 52 transactions per household in 2020.
The company also plans to raise USD 50 million by early 2021. This fund will be deployed towards expanding its market share with the aim to capture 20 per cent of the burgeoning 150 million Bharat household market by FY22.
Over the past three years, Niki has already unlocked "Bharat" - a massive USD 108 billion market opportunity - with technology and service stack that builds trust among its customers. Operating on a very clear purpose of "nobody left behind", in just a few years, Niki has already become Bharat's household manager that is supported by a local language voice commerce technology stack with a fintech architecture to deliver service and trust at scale. These "made in India" innovations, coupled with an asset-light hub and spoke operating model, has helped Niki's growth trajectory.

India , Bharat , Sachin-jaiswal , Businesswire-india , Full-stack-ramu , Niki , Full-stack-ramu-kaka , Made-in-india , Bharat-household-market , Fintech-architecture , இந்தியா