Whether you’re running a small retail store, a big hospital, or a large chain of pharmacies, implementing a retailio solution can be a great way to streamline your business. It can help to ensure that you always have the latest inventory available and that you have the most up-to-date information about your customers. Using retailio can save you money in the long run, and allow you to maintain a consistent customer experience.
Digitization has reduced the need for manual re-ordering cycles
Having a digitized supply chain can lead to a number of benefits. For one thing, it can help to standardize processes across the organization. The latest technology allows shippers to scale their services up or down, depending on the needs of the shopper. Having a managed transportation solution also eliminates the hassle of trying to keep up with the competition, while giving shippers access to the latest and greatest technology. For the most part, shippers can take advantage of the aforementioned technology without the large up front investment. This is especially true in the mobile space. A good managed transportation provider can scale their service offerings to fit any business’s needs.
Co-branded credit cards targeted at pharmacies in the merchant segment
Earlier this year, HDFC Bank joined hands with Retailio to launch a co-branded credit card for pharmacies and chemists in the merchant segment. These cards will be available to both new and existing customers of Retailio. It will provide a range of benefits to cardholders.
In addition to offering rewards on purchases, the card also offers cashback on tax payments and no-cost EMI options. The card will also provide up to 50 days of interest-free credit period for business needs. In the initial phase, the card will cover 1.4 lakh merchants. It will also offer various milestone benefits, including the RIO club, which provides additional gift vouchers worth Rs 500 to its members.
The card will also provide 5% cashback on all business essentials. It will also offer a 1% fuel surcharge waiver. The card is expected to be launched in October, just in time for the festive season.
The credit card will be offered to almost 1 lakh Retailio customers and chemists and pharmacies. The bank stated that the partnership will cover over 1.4 lakh merchants in the first phase of rollout.
Ayro Retail Solutions is a retailio company
Founded in 2012, Ayro Retail Solutions is a retailio company that has garnered an annual revenue run-rate of INR 3600 crores. The company was started by former healthcare professionals with a mission to help improve lives, one patient at a time. The company is located at Sector 3, Belpada, Kharghar, Navi Mumbai, Maharashtra, India. Besides providing its clients with cutting-edge business solutions, it also provides regular billing to leading pharmaceutical companies.
Ayro Retail Solutions has come a long way in the last five years, and is well on its way to becoming one of the largest and most successful healthcare technology companies in India. The company’s mission is to make healthcare more affordable and convenient for everyone by providing scalable business solutions to a range of industries. The company reportedly operates with over 90,000 pharmacy retailers, and offers a variety of features and functions ranging from mobile app to digital receipts.
Indifi has partnered with retailio
Earlier this year, Indifi Technologies, a Gurgaon-based tech-driven lending platform, entered into an agreement with Retailio, a B2B pharma marketplace. The deal will help the two companies offer a new line of credit options to retailers. The partnership will cover over 1.4 lakh merchants in the first phase.
Retailio is India’s largest B2B pharma marketplace. It has a huge network of health care and pharmaceutical companies and distributors. This network includes over 1000 cities and over 1 lakh pharmacies. In addition to this, it has contacts with over 3000 pharmaceutical distributors. In order to provide a seamless experience to its partners, Retailio offers loans with no collateral requirement and a loan application process that is easy to complete. The company’s technology platform enables retailers to submit loan requests and apply for loans online, using minimum documentation.
The new credit product will cater to 100,000 retailers. These retailers will be pre-approved for a loan by Indifi and will be provided with curated credit options.