About 1knetworks

1knetworks is an Indian startup that has created a wholesale marketplace for retailers and institutional buyers. Their mission is to disrupt the grocery supply chain in India through mobile commerce, data science and analytics. 1K Kirana Bazaar, the flagship brand and app, is one of India’s first and largest network of small town kirana stores. The 1K Kirana Bazaar app has 30,000 downloads with 15,000+ active users. In 2 years, they have been able to double the store count, triple the revenues and improve the unit economics by 80%. The company is already unit economics positive through their trade margins and are reliably trending upwards month on month. Their next growth steps are to look at further monetizing the network through multiple strategic initiatives by launching its own brands and category expansion. Founded in 2019, 1knetworks has offices in New Delhi, Gurugram, Greater Noida, Ghaziabad and Faridabad today. The founding team has long standing relationships dating back to 2012. Whilst some are IIMA batch mates and some have worked together, all 5 share a similar vision: which is to reimagine offline commerce with online experience for tier 2+ towns of India. By blending technology and consumer data, the company aims to create a seamless flow of goods from brands to consumers and overcome the shortcomings of traditional distribution systems.