Combonation, India's first and only combo deal e-commerce platform announced the launch of over 50 stores by March 2023, the expansion will focus on the Northern part of India. Since its Inception (Seed Year), Combonation has launched six retail stores in well locations: Amritsar, Kanpur, MGF Mall, Arya mall, G, and Akshardham. With more than 500+ brands of pre-curated combos Combonation sells everything a family needs under one roof.
With 1.2 billion inhabitants, India is one of the world's fastest-expanding retail markets. It is estimated that the market will reach US$ 1.3 trillion by 2024. Healthy economic growth, changing demographic profiles, increased disposable income, urbanization, and shifting customer tastes and preferences are some of the factors driving the rise in India's organized retail market.
Sharing her thoughts on the latest product launch Pooja Sodhi, Co-Founder, and CEO of Combonation said, “Retail chains have a significant economic influence by encouraging customers to continue purchasing innovative and cutting-edge products even when the economy is in a downturn. And With the expansion of the e-commerce sector, the rise of Direct to Customers (D2C) brands is now increasingly visible.”
“We are delighted to announce this launch. With the arrival of the new year, Retail brands benefit local, regional, national, and global economies, including the entire value chain. This all-encompassing approach will help everyone, resulting in natural company achievement with the desired level of growth and profitability. We are open to a shop-in-shop model and with our new stores across Good Earth City Centre Mall in Gurugram, Lajpat Nagar, Faridabad, and Punjabi Bagh among other places we are expanding multi-folds.” she further added.
While the trend toward internet purchasing is expected to continue, the demand for post-pandemic social interaction is likely to draw people back to storefronts. Combonation means to serve both equally, providing goodwill and enviable possibilities for its target audience.
