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High-speed trading is not eating into the share of Kiranas, says Zomato CEO Deepinder Goyal.

This is not the first time that the company has emphasized that it is not taking stakes in Kirana stores. In August’s quarterly results, Blinkit CEO Albinder Dhindsa highlighted that most kirana stores offer personalized trading such as khata system, which quick trading platforms cannot provide. He said, “We know that we are not taking share away from kiranas or large value-oriented retail players like DMart (this was also mentioned recently in their conference call). The value-driven products available in these formats are difficult to replicate in our business, especially in categories such as essentials where price sensitivity is greater and we do not have the ability to sell open SKUs as we can with brick-and-mortar stores.”