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A look at how IIT Bombay-developed app Lokacart is looking to solve inventory woes of small businesses and farmers

The e-commerce platform looks to address inventory management woes of small businesses and farmers

August 26, 2020 / 08:32 PM IST
Representative image

Representative image

'Vocal for Local' – the clarion call given by Prime Minister Narendra Modi to pave the way for a self-reliant India is slowly becoming the driving force behind a host of technological initiatives aimed at alleviating woes of the marginalised sections of the business community.

Lokacart is one such initiative. The e-commerce platform, developed jointly by Professor Ganesh Ramakrishnan (Department of CSE, IIT Bombay) and Ashvin Gami (IIT-B alumni and MD, StrategicERP), looks to address inventory management woes of small businesses and farmers.

The app has been developed for Android and iOS platforms.

Speaking to Moneycontrol, Ramakrishnan said the app has been developed after gathering feedback through various meetings and discussions with farmers and farmer groups.