One of the leading private sector organizations in the country, Reliance, has launched online grocery sales under the name ‘Jio Mart’!
Presently, Amazon and Flipkart are doing online sales of grocery items.
In this situation, Reliance has entered as a competitor launching the online sales of grocery items with the name, ‘Jio Mart’!
It is to be noted that over the last one month, 5 major companies such as Facebook, Silver Lake, Vista, General Atlantic, and KKR have invested in Jio a total amount of Rs. 78,562 Crores.
Following these investments, Reliance has launched online grocery sales. As a trail-run, Reliance undertook the experiment of offering online sales service for grocery items in certain localities in the city of Mumbai.
In the 1st Phase of the launch, Reliance would be launching Jio Mart, the online grocery sales service in 200 cities in the country.