Pumpkart, Figgital on An Expansion Spree, to Open Over 1,200 Retail Stores in UP
Pumpkart, Figgital on An Expansion Spree, to Open Over 1,200 Retail Stores in UP

Online marketplaces Pumpkart.com and Figgital will open over 1,200 modern retail /stores in Uttar Pradesh, according to a statement. 

Pumpkart and Figgital will also establish 75 experience centers in all districts of the state.

Both brands "are going to establish themselves in rural areas by bringing rural e-commerce on their platform," K S Bhatia, Founder, and CEO of Pumpkart and Figgital, said.

The statement added that Pumpkart has carved a place for itself in the industry by opening 75 modern retail stores across southern India within a year. The company aims to bring well-known brands to a single place and provide opportunities to franchisees and rural retailers to scale their business, said Bhatia.

Figgital aims to disrupt the mass market by providing multi-brand electronic products in tier-Ill, IV, and rural areas, according to the statement. Figgital's concept of 'store on wheels' is not new but it is definitely one of the firsts in the multiple consumer electronics space, it said.

The company aims to open technologically driven stores rather than the common brick-and-mortar stores, including 75 experiences centers of both the brands in every district of UP.

"Next in the pipeline is our online hyperlocal B2B2C (business-to-business-to-consumer) platform, which will democratize the market of consumer electronics as well as farm equipment in rural areas," it said.

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