Kilo, a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology.
“In Vietnam, micro, small and medium enterprises are the backbone of the retail economy — serving 80% of all purchases,” CEO and founder of Kilo Kartick Narayan said.
Kilo’s platform and tools enable the local small and medium enterprises to manage businesses across multiple sales channels, such as Kilo’s app, Facebook and Zalo, and optimize inventory turnover to save costs and reduce risks over the long term.
The small and medium shop owners have a one-stop shop in which they can browse, build a cart and check out with transparent pricing a wide array of assortment and in-stock details through Kilo’s platform and tools, Narayan said.
Kilo was founded in 2020 by Narayan, former CMO of Groupon, vice president of Coupang and chief business officer …
