Brief

Polaris Retail launches Smart Store for SMEs

Polaris Retail Infotech Ltd. (PRIL), a wholly owned subsidiary of Polaris Software Lab Limited, has announced the launch of Smart Store, a retail software product for small retail businesses. Smart Store is the first packaged retail software for the small retail segment.

Smart Store will help retailers to automate vendor, purchase and stock management functions, maintain accounts and tax, host customer loyalty program and help in other day-to-day services.

Smart Store is preconfigured to match the requirements of various retail verticals such as Fashion & Apparels, Footwear, Pharmacy, Hard Goods & Consumer Durables, Grocery & FMCG, Food & Vegetables, Books and Music stores etc.

Commenting on the launch, Mohit Oberoi, Business Head, PRIL, said, “Smart Store will help small retailers drive efficiencies in their business on all critical fronts to gain a competitive edge.”

Smart Store is a simplified yet function-rich software product that can be deployed in a day’s time. The product comes with online and localized training and support for its users.

The market for retail in India has an estimated CAGR of 44%. PRIL is on an aggressive growth path and with the launch of Smart Store the company is all geared to tap the booming SME retail market in Asia Pacific”. PRIL’s Retail Excel is used by over 100 customers, in 2,000 stores across 15,000 billing counters.