Fundraising Fox

Retail Pulse

Entrepreneur First '20

Bangalore, IN Β· Founded 2020 Β· 1 known investors

retailpulse.ai β†—

Kirana Club runs a retailer-first network and B2B marketplace connecting kirana (small retail) shops with FMCG and emerging brands across India. Retailers exchange business information, discover products, and track schemes and margins, while brands sell, launch schemes, and generate demand with built-in fulfillment, collections, and retailer insights.

Also known as Kirana Club Β· Nsight Technologies Pte. Ltd.

B2B MarketplacesE-commerceEnterprise SoftwareRetail Tech

Founders & leadership

Retail Pulse was founded in 2020 by Zaraif Hossain and Anshul Gupta.

ZHZaraif Hossain
Zaraif HossaininCo-Founder & CEO2020–2022
AGAnshul Gupta
Anshul GuptainFounding CTO

Investors Β· 1

Company profile

researched Aug 2026

Retail Pulse, legally incorporated in Singapore as Nsight Technologies Pte. Ltd., began as an AI company applying computer vision and a proprietary analytics engine to smartphone photographs of small mom-and-pop (kirana) stores. Images captured by CPG sales representatives were processed to detect products and in-store assets with a stated accuracy of over 90%, and the analytics layer converted these detections into store-level insights on product visibility, marketing execution and sales optimization. The company also described extending the data capture to shop owners themselves, so that CPGs could receive daily store data, run trade promotions directly and monitor availability at scale, with adjacent use cases cited in fintech credit scoring, direct-to-consumer offline strategy, e-commerce and mobility [2].

The company's current website at retailpulse.ai presents the business under the name Kirana Club, positioned as a community, commerce and distribution layer for kirana retailers and FMCG brands in India. The platform has three stated components: a business community where retailers exchange information on sourcing, inventory and seasonal preparation, discover products, schemes and margins, and track mandi bhav and kirana news; a brand activation offering covering trade scheme communication, product launch campaigns, retailer-influencer amplification and geographic or category targeting; and a market insights offering providing pricing and margin intelligence, category and competitor signals, retailer sentiment and validation of new product development and schemes. A newly announced B2B marketplace lets brands sell to kiranas without building their own general trade distribution, bundling demand generation, fulfillment, collections and retailer insights, with a seven-day payout cycle and no fleet-on-street requirement [0].

Founding story

The company was founded in 2020 by Zaraif Hossain and Anshul Gupta, who met through and built the company within the Entrepreneur First Bangalore cohort, incorporating in Singapore in June 2020 after pitching Entrepreneur First's global investment committee [2].

Business model

B2B [2]. Brands pay to reach and sell to kirana retailers through the platform's marketplace, activation campaigns and market insights products, while retailers use the community and ordering functions; earlier materials describe the model as licensing the AI product to CPG companies and selling data [0][2].

Reported revenue streams include licensing and selling data to CPG customers [2]. The current site describes brand-facing marketplace sales with a seven-day payout cycle to brands, plus paid brand activation campaigns and market insights services [0].

Traction

The website reports a network of 40 lakh-plus retailers, coverage of 16,000-plus pincodes and 5,300-plus cities and towns, and cites an example emerging food brand that launched without a general trade team reaching 12,500+ monthly orders across 450+ cities with a three-week time to market [0]. Earlier reporting states the company worked with PepsiCo and L'Oreal and analyzed millions of images from 400,000 stores, had engaged 8 of the largest CPG companies, and had fewer than 10 employees [2].

Latest developments

The company's site announces a new B2B marketplace allowing FMCG and emerging brands to sell to kirana retailers without building distribution, with demand generation, fulfillment, collections and retailer insights included, a seven-day payout cycle and no fleet on street [0].

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as India's largest kirana network, citing 40 lakh-plus retailers across 16,000-plus pincodes and 5,300-plus cities and towns, and as a retailer-first alternative to traditional general trade distribution [0].

Stated differentiators include a zero fleet-on-street distribution model, a seven-day payout cycle for brands, national pincode coverage without a general trade footprint, and a community-driven flywheel in which retailer engagement generates demand signals that feed brand decisions [0]. On the analytics side, the company cited image-based store mapping at over 90% accuracy and data collected directly from shop owners rather than only sales reps [2].

Technology

AI-powered computer vision that maps stores by detecting products and assets from smartphone images taken by sales representatives or shop owners, reported at over 90% accuracy, combined with a proprietary analytics engine that turns image data into per-store insights [2]. The current platform additionally operates a retailer app, marketplace ordering, fulfillment and collections, and a retailer-signal feedback loop that informs brand decisions on pricing, products and schemes [0].

Go-to-market

Sells to FMCG and emerging brands as an alternative to building a traditional general trade distribution footprint, offering nationwide retailer reach, campaign activation and insights through a single network; retailers are acquired through a mobile app and community features. Early customer development was through proofs of concept with large CPGs, including a POC with PepsiCo India [0][2].

Large FMCG and consumer packaged goods companies and emerging brands, plus mom-and-pop kirana retailers; stated adjacent segments include fintech and lending institutions, e-commerce and direct-to-consumer brands. Target company sizes are medium and large enterprises, and target geography is described as global [0][2].

Geography

Operations centre on India, with the network covering 16,000-plus pincodes and 5,300-plus cities and towns [0]. The legal entity is incorporated in Singapore, and the stated target geography is global [2].

History

The founding team joined the Entrepreneur First Bangalore cohort in February 2020. The company was incorporated in Singapore as Nsight Technologies Pte. Ltd. in June 2020, the same month it raised $55,000 in pre-seed funding from Entrepreneur First. In September 2020 it raised a $600K seed round led by Entrepreneur First, one of three companies from the Bangalore and Singapore cohorts selected. By October 2020 it reported engagement with eight large CPG companies and negotiations toward a first commercial deal with PepsiCo India. The business subsequently operates under the Kirana Club brand as a retailer network, brand activation platform and B2B marketplace [0][2].

Risks & controversies

No controversies are reported in the available sources. The sources note limited scale at the time of the 2020 profile (fewer than 10 employees, first commercial deal still in negotiation) and there is a naming overlap with an unrelated Dubai-based in-store retail consultancy also called Retail Pulse [1][2].

Compiled by commissioned research from 4 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cities and towns coveredJan 20255,300 cities and towns
EmployeesJan 2020<10
Marketplace payout cycleJan 20257 days
Pincodes coveredJan 202516,000 pincodes
Product/asset detection accuracyJan 202090%+ accuracy
Retailers on networkJan 202540 lakh+ (40L+) retailers
Stores analyzed via computer visionJan 2020400,000 stores

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 6

launches, deals, and filings
Jan 2025
B2B marketplace for selling to kirana stores

The company's site announces a new B2B marketplace enabling brands to sell to kirana retailers with demand generation, fulfillment, collections and retailer insights built in, a 7-day payout cycle and no fleet-on-street requirement.

source β†—

Oct 2020
Engaged with eight large CPG companies; PepsiCo India deal negotiation

Reported engagement with 8 of the largest consumer packaged goods companies, with negotiations underway to close a first commercial deal with PepsiCo India following a successful proof of concept.

source β†—

Sep 2020
Seed round led by Entrepreneur First

Raised $600K in a seed round; Entrepreneur First led seed rounds for the first time in its history (up to $500K), backing 3 of 16 companies from its Bangalore and Singapore cohorts, including Retail Pulse.

$600K source β†—

Jun 2020
Pre-seed funding from Entrepreneur First

Raised $55,000 in pre-seed funding from Entrepreneur First after three months in the program and pitching to its global investment committee.

$55K source β†—

Jun 2020
Incorporated in Singapore as Nsight Technologies Pte. Ltd.

Retail Pulse was incorporated under the legal name Nsight Technologies Pte. Ltd. in Singapore, and a commercial bank account was opened.

source β†—

Feb 2020
Joined Entrepreneur First Bangalore cohort

The founding team participated in the Entrepreneur First Bangalore cohort, an accelerator/talent investor program.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 4

primary sources listed

4 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Retail Pulse do?
Indian kirana-retailer network and B2B marketplace, operating as Kirana Club, connecting small shops with FMCG brands.
Who founded Retail Pulse?
Retail Pulse was founded by Zaraif Hossain, Anshul Gupta in 2020.
Who are Retail Pulse's investors?
Retail Pulse's investors include Entrepreneur First.
Where is Retail Pulse headquartered?
Retail Pulse is headquartered in Bangalore, IN.