PanPin was initially conceptualized and validated as RealShoppee Pvt. Ltd. from 2012 to 2017, serving 500K happy customers spread over 596 districts in 36 States & UT, with a total sales topping INR 315 M. The last mile delivery to all the remote part of India was possible through a strong strategic tie-up with India Post since last 5 years. Scaling of the sales network was done through Rural Retail Entrepreneur program and Assisted Ecommerce.
With one of the co-founders exiting the startup, existing investor group - KLCP Holdings has acquired the stake and absorbed into the KLCP Holdings Group, reaffirming their commitment to grow the Rural Commerce.
PanPin with the full support of KLCP Group’s financial backing and distinguished leadership is forging ahead to make it a synonymous with trustworthy Virtual Commerce destination for Rural India.
PanPin Retail is a Rural Commerce company, with a clear focus to bridge the gap between 6.5 Lakh Villages of India and rest of the world, through technology-enabled commerce and last-mile delivery logistics. We are currently empowering the Rural India by giving access to a host of products which are aspirational and affordable. In near future we will be creating a market for the goods and services produced in Villages for the Urban areass.
PanPin in its current iteration is using Innovative Social Entrepreneurial Programs, Deep Technology integrations, Logistics Partnerships to serve the 68% of Rural India which have been traditional excluded from the main stream ecommerce.
850mn i.e, 68% of Indian Population lives in Rural India and contributes to more than half of GDP. According to Accenture report, rural consumers are now more aspirational, striving to purchase branded, better quality products. Rural per capita consumption for 2011-12 touched US$ 69 billion which was 19% more than previous year and is expected to cross US$100bn by 2025.
As per a study by IAMAI the Rural Internet users are 60mn (<7%) and Community Service Centers and Cyber Cafes are the main point of access for more than 40% of them. It is expected that in another 5years Rural India would get Wired to the Internet with innovative far reaching technologies such as 4G, Wifi, national broadband, air jaldi, project loon and so on.
Our Key Differentiators are:
3rd Floor, Sai Ganesh Towers, 100 ft Road, Ayyappa Society, Madhapur, Hyderabad, Telangana - 500081.