B. S. Nagesh, founder of the Trust for Retailers and Retail Associates of India (TRRAIN) has joined the advisory panel of SHOPX. Under his guidance , the leadership team would strategize and understand the the dynamics of general trade and modern trade ecosystem. By doing so, the team will improve the earnings and profitability of SHOPX retail partners.
On his appointment , Nagesh said, “I am excited to be associated with one of the most dynamic start-ups that has disrupted India’s retail ecosystem. Retailers in Tier 2 and 3 towns in India have contributed immensely in strengthening the economy. While e-commerce is picking up, a large portion of consumers remain untapped. This gap is being fulfilled by small retailers. SHOPX’s digital offline model enhances the shopping experience for consumers in Tier 2 and 3 towns of India. The small retailers can use technology to benefit their businesses and at the same time give their customers access to wide range of products across categories. On the other hand, various brands across categories have been able to rapidly expand their outreach. I am really looking forward to collaborate with SHOPX and be a part of their journey to enhance the lives of consumers and retail partners.”
With more than 35 years of experience, B. S. Nagesh is one of the pioneers of the modern retail format in India. His expertise lies in building retailer businesses and understanding the needs and challenges of retail employees and entrepreneurs.
Amit Sharma, CEO of SHOPX share his viewpoint on this new development. He says, “We are delighted to welcome on board Mr. B. S. Nagesh, an industry stalwart, at a time when we are planning and executing the next level of growth for the company. He brings immense expertise in modern retail and in scaling up an organization through rapid growth. With his deep understanding of the retail ecosystem, Mr. Nagesh will play a pivotal role in SHOPX by adding significant value to our growth and strengthening our business capabilities. More importantly, he will help us to be even more focused on the needs of our retail partners”
In April this year, in order to strengthen its leadership team, ShopX, a digital offline platform appointed Kirti Varun to head its Product Management function, who will lead Product Management as Vice- President.
Bangalore-based ShopX is a growing digital offline platform, which provides retailers across India significant benefits. ShopX is backed by strategic investor Nandan Nilekani, and mentors Jagdish Kini and Pramod Varma.