Suren Gounder

Suren Gounder

Episode 11

Episode 11

60 min

60 min

EP11: Retail Store Tech & AI Strategy with Suren

EP11: Retail Store Tech & AI Strategy with Suren

EP11: Retail Store Tech & AI Strategy with Suren

Why Does This Episode Matter?

Why Does This Episode Matter?

Scaling offline stores sounds simple until you are actually doing it, and suddenly 100 stores feel harder to manage than 10 ever did. Traffic patterns differ, staff performance varies, conversion drops in ways you cannot explain, and the data you need to fix it simply does not exist.

Suren has been in the middle of that chaos with some of India's leading retail brands, and he has built the playbook to navigate it. In this conversation, he breaks down how tech, especially visual AI and in-store analytics can give brands the visibility and control they need to scale fast without losing quality. Whether you are opening your 5th store or your 500th, the frameworks in this episode will change how you think about offline retail.

Scaling offline stores sounds simple until you are actually doing it, and suddenly 100 stores feel harder to manage than 10 ever did. Traffic patterns differ, staff performance varies, conversion drops in ways you cannot explain, and the data you need to fix it simply does not exist.

Suren has been in the middle of that chaos with some of India's leading retail brands, and he has built the playbook to navigate it. In this conversation, he breaks down how tech, especially visual AI and in-store analytics can give brands the visibility and control they need to scale fast without losing quality. Whether you are opening your 5th store or your 500th, the frameworks in this episode will change how you think about offline retail.

Suren Gounder

Founder @TangoEye

From Wall Street trading floors to retail store floors, Suren is the founder and CEO of Tango Eye, helping retail brands use in-store video analytics to find and fix exactly where they're losing sales.

Suren Gounder

Founder @TangoEye

From Wall Street trading floors to retail store floors, Suren is the founder and CEO of Tango Eye, helping retail brands use in-store video analytics to find and fix exactly where they're losing sales.

Topic discussed

Topic discussed

India is the world's third largest retail market and over 90% of purchases still happen inside physical stores. Yet most conversations about retail tech completely ignore offline. The focus is always on e-commerce: online funnels, digital ads, app UX. But the real action, the real transactions, have always been happening offline. That gap is exactly what Suren, founder of Tango Eye, set out to fix. 

Many omnichannel brands have successfully scaled their store networks, and Suren has been at the heart of building that playbook, quietly becoming the secret sauce behind how brands hyperscale from 10 stores to 500. He came from Wall Street, moved back to India in 2017, and noticed something that most people were missing, visual AI was exploding, but nobody was applying it to physical retail. With approx 15 million offline retail outlets in India alone, he saw a massive underserved problem and went after it.

What exactly is Tango Eye?

The simplest way to describe Tango Eye is that it's Google Analytics for your physical store. It plugs into your existing CCTV cameras, no new hardware needed, and runs an intelligence layer on top that tells you what's actually happening inside your store.

India is the world's third largest retail market and over 90% of purchases still happen inside physical stores. Yet most conversations about retail tech completely ignore offline. The focus is always on e-commerce: online funnels, digital ads, app UX. But the real action, the real transactions, have always been happening offline. That gap is exactly what Suren, founder of Tango Eye, set out to fix. 

Many omnichannel brands have successfully scaled their store networks, and Suren has been at the heart of building that playbook, quietly becoming the secret sauce behind how brands hyperscale from 10 stores to 500. He came from Wall Street, moved back to India in 2017, and noticed something that most people were missing, visual AI was exploding, but nobody was applying it to physical retail. With approx 15 million offline retail outlets in India alone, he saw a massive underserved problem and went after it.

What exactly is Tango Eye?

The simplest way to describe Tango Eye is that it's Google Analytics for your physical store. It plugs into your existing CCTV cameras, no new hardware needed, and runs an intelligence layer on top that tells you what's actually happening inside your store.

Stores consistently under-report their own footfall. Why? Because when the security guard is counting, they're working backwards from the conversion number they already achieved. So the count always conveniently matches. You're not optimizing for potential, you're just justifying outcomes.

Tango Eye's system strips that all away and gives you real numbers. And then it goes further.

Tango Eye currently operates across 10,000+ stores, 50–60 brands, and multiple countries including India, Singapore, and the UAE.

Stores consistently under-report their own footfall. Why? Because when the security guard is counting, they're working backwards from the conversion number they already achieved. So the count always conveniently matches. You're not optimizing for potential, you're just justifying outcomes.

Tango Eye's system strips that all away and gives you real numbers. And then it goes further.

Tango Eye currently operates across 10,000+ stores, 50–60 brands, and multiple countries including India, Singapore, and the UAE.

What Does the Offline Conversion Funnel Really Look Like?

Think of footfall like website visits. Out of 100 people who walk in:

  • 10 are staff, remove them.

  • 20 are "bouncers", people asking where the restroom is, not potential buyers.

  • You're left with 70. But families walk in together and share one bill, so your true individual potential buyers might be closer to 40.


Now you have 40 genuine prospects. What happens to them inside the store, which aisle they visit, how long they spend, whether a staff member approaches them, that's your conversion funnel. And that's where Tango Eye lives.

One brand Suren mentioned tracks it even deeper. A Gen Z fast fashion brand, measures store-to-trial-room conversion first, then trial-room-to-purchase. If people are trying stuff but not buying, that's a product problem. If they're not even making it to the trial room, that's a store experience problem. Very different fixes for very different issues.

What Does the Offline Conversion Funnel Really Look Like?

Think of footfall like website visits. Out of 100 people who walk in:

  • 10 are staff, remove them.

  • 20 are "bouncers", people asking where the restroom is, not potential buyers.

  • You're left with 70. But families walk in together and share one bill, so your true individual potential buyers might be closer to 40.


Now you have 40 genuine prospects. What happens to them inside the store, which aisle they visit, how long they spend, whether a staff member approaches them, that's your conversion funnel. And that's where Tango Eye lives.

One brand Suren mentioned tracks it even deeper. A Gen Z fast fashion brand, measures store-to-trial-room conversion first, then trial-room-to-purchase. If people are trying stuff but not buying, that's a product problem. If they're not even making it to the trial room, that's a store experience problem. Very different fixes for very different issues.

What Does the Offline Conversion Funnel Really Look Like?

Think of footfall like website visits. Out of 100 people who walk in:

  • 10 are staff, remove them.

  • 20 are "bouncers", people asking where the restroom is, not potential buyers.

  • You're left with 70. But families walk in together and share one bill, so your true individual potential buyers might be closer to 40.


Now you have 40 genuine prospects. What happens to them inside the store, which aisle they visit, how long they spend, whether a staff member approaches them, that's your conversion funnel. And that's where Tango Eye lives.

One brand Suren mentioned tracks it even deeper. A Gen Z fast fashion brand, measures store-to-trial-room conversion first, then trial-room-to-purchase. If people are trying stuff but not buying, that's a product problem. If they're not even making it to the trial room, that's a store experience problem. Very different fixes for very different issues.

Why Do Most Brands Get Store Operations Completely Wrong?

When we talk about tech in an offline store, it breaks down into two clear sets — 

  1. Operational Tech that powers the business behind the scenes, and

  2. Customer Tech that shapes the experience on the floor.

Why Do Most Brands Get Store Operations Completely Wrong?

When we talk about tech in an offline store, it breaks down into two clear sets — 

  1. Operational Tech that powers the business behind the scenes, and

  2. Customer Tech that shapes the experience on the floor.

Before the fancy customer-facing tech, there's a whole layer of basic operational tech that most people underestimate. Suren breaks it into the basics every modern retailer should have: POS (billing), CRM, inventory management, CCTV…and then the more impactful modern tools that most brands still haven't fully leveraged.

1. Staff attendance and monitoring: Saurabh mentions that one brand had a conversion problem in the evenings. After they tracked the data, they got to know that the last two hours were covered by one person, during the highest footfall window on weekends. That's a scheduling problem.

2. Process checklists. Hundreds of daily tasks like from store opening procedures to cash management to pricing cards being displayed correctly. When brands are small, founders handle this personally. As they scale, consistency disappears unless it's systematized.


3. Footfall + demographics.
One brand was trying to scale its kids' collection. Some stores sold it well, others didn't. Was it a merchandising problem or a traffic problem? By overlaying kids' demographic data on footfall, they identified which stores actually had families walking in, and doubled down on kids' inventory there.

Before the fancy customer-facing tech, there's a whole layer of basic operational tech that most people underestimate. Suren breaks it into the basics every modern retailer should have: POS (billing), CRM, inventory management, CCTV…and then the more impactful modern tools that most brands still haven't fully leveraged.

1. Staff attendance and monitoring: Saurabh mentions that one brand had a conversion problem in the evenings. After they tracked the data, they got to know that the last two hours were covered by one person, during the highest footfall window on weekends. That's a scheduling problem.

2. Process checklists. Hundreds of daily tasks like from store opening procedures to cash management to pricing cards being displayed correctly. When brands are small, founders handle this personally. As they scale, consistency disappears unless it's systematized.


3. Footfall + demographics. One brand was trying to scale its kids' collection. Some stores sold it well, others didn't. Was it a merchandising problem or a traffic problem? By overlaying kids' demographic data on footfall, they identified which stores actually had families walking in, and doubled down on kids' inventory there.

What Customer-Facing Tech Is Actually Worth Investing In?

This is where it gets interesting for shoppers.

Virtual try-on is evolving fast. Lens and eyewear brands have been doing it for years. And now, The Pant Project built something that not only shows you how a product looks but helps you figure out sizing and fit.

Endless aisle: a QR code or a screen in-store that lets you browse the full catalogue, not just what's physically on the shelf. Decathlon does this well. If your size or color isn't available, scan it, order it, get it delivered. You don't lose the sale or the customer.

What Customer-Facing Tech Is Actually Worth Investing In?

This is where it gets interesting for shoppers.

Virtual try-on is evolving fast. Lens and eyewear brands have been doing it for years. And now, The Pant Project built something that not only shows you how a product looks but helps you figure out sizing and fit.

Endless aisle: a QR code or a screen in-store that lets you browse the full catalogue, not just what's physically on the shelf. Decathlon does this well. If your size or color isn't available, scan it, order it, get it delivered. You don't lose the sale or the customer.

What Customer-Facing Tech Is Actually Worth Investing In?

This is where it gets interesting for shoppers.

Virtual try-on is evolving fast. Lens and eyewear brands have been doing it for years. And now, The Pant Project built something that not only shows you how a product looks but helps you figure out sizing and fit.

Endless aisle: a QR code or a screen in-store that lets you browse the full catalogue, not just what's physically on the shelf. Decathlon does this well. If your size or color isn't available, scan it, order it, get it delivered. You don't lose the sale or the customer.

Appointment booking works brilliantly for high-touch categories such as Jewelry, eyewear, wedding wear. If you're going in to pick a lehenga or a sherwani for your wedding, you want a specialist. You want the store manager to know you're coming. Appointment systems make that happen and signal high-intent customers in advance.

Self-checkout is growing, especially in large format retail. Decathlon, Uniqlo, they've redesigned the staff role entirely. Staff aren't there to guide you through the store anymore. They're there to solve problems when something goes wrong. One person can manage multiple checkout points. Efficient for the brand, faster for the customer.

Appointment booking works brilliantly for high-touch categories such as Jewelry, eyewear, wedding wear. If you're going in to pick a lehenga or a sherwani for your wedding, you want a specialist. You want the store manager to know you're coming. Appointment systems make that happen and signal high-intent customers in advance.


Self-checkout is growing, especially in large format retail. Decathlon, Uniqlo, they've redesigned the staff role entirely. Staff aren't there to guide you through the store anymore. They're there to solve problems when something goes wrong. One person can manage multiple checkout points. Efficient for the brand, faster for the customer.

Appointment booking works brilliantly for high-touch categories such as Jewelry, eyewear, wedding wear. If you're going in to pick a lehenga or a sherwani for your wedding, you want a specialist. You want the store manager to know you're coming. Appointment systems make that happen and signal high-intent customers in advance.

Self-checkout is growing, especially in large format retail. Decathlon, Uniqlo, they've redesigned the staff role entirely. Staff aren't there to guide you through the store anymore. They're there to solve problems when something goes wrong. One person can manage multiple checkout points. Efficient for the brand, faster for the customer.

What's the Biggest Mistake Brands Make with All This Tech?

What's the Biggest Mistake Brands Make with All This Tech?

Suren shared that brands spend months comparing, piloting, and trying tech. Then they compile it all into a presentation that nobody acts on.

The brands getting the most out of operational and store tech are the ones treating the data as a daily operational input, not a quarterly report.

Where Is AI Taking Store Tech Next?

We're moving from AI as a data collector to AI as a decision-maker. 

  • How many staff should this store have on Saturday evening? 

  • What products should go in the front aisle for the next two weeks? 

  • Where should the new collection launch first, based on customer demographics by location? 


These decisions are now being assisted by AI, and the gap between brands that use this well and those that don't is going to widen fast.

One thing which is clear from this episode of Dilse Omni Talks is: the offline store isn't dying but it's getting smarter. And the brands that treat their physical stores with the same analytical rigor they apply to their websites will have a serious edge.

Suren shared that brands spend months comparing, piloting, and trying tech. Then they compile it all into a presentation that nobody acts on.

The brands getting the most out of operational and store tech are the ones treating the data as a daily operational input, not a quarterly report.

Where Is AI Taking Store Tech Next?

We're moving from AI as a data collector to AI as a decision-maker. 

  • How many staff should this store have on Saturday evening? 

  • What products should go in the front aisle for the next two weeks? 

  • Where should the new collection launch first, based on customer demographics by location? 


These decisions are now being assisted by AI, and the gap between brands that use this well and those that don't is going to widen fast.

One thing which is clear from this episode of Dilse Omni Talks is: the offline store isn't dying but it's getting smarter. And the brands that treat their physical stores with the same analytical rigor they apply to their websites will have a serious edge.

Suren shared that brands spend months comparing, piloting, and trying tech. Then they compile it all into a presentation that nobody acts on.

The brands getting the most out of operational and store tech are the ones treating the data as a daily operational input, not a quarterly report.

Where Is AI Taking Store Tech Next?

We're moving from AI as a data collector to AI as a decision-maker. 

  • How many staff should this store have on Saturday evening? 

  • What products should go in the front aisle for the next two weeks? 

  • Where should the new collection launch first, based on customer demographics by location? 


These decisions are now being assisted by AI, and the gap between brands that use this well and those that don't is going to widen fast.

One thing which is clear from this episode of Dilse Omni Talks is: the offline store isn't dying but it's getting smarter. And the brands that treat their physical stores with the same analytical rigor they apply to their websites will have a serious edge.

The biggest takeaway from this episode?

The biggest takeaway from this episode?

Offline retail is not dying — it is just finally getting the analytics layer it always deserved.

Offline retail is not dying — it is just finally getting the analytics layer it always deserved.

Most store problems are scheduling, merchandising, or compliance problems in disguise — not marketing problems.

Most store problems are scheduling, merchandising, or compliance problems in disguise — not marketing problems.

The brands scaling from 10 stores to 500 are not spending more — they are simply seeing more clearly than everyone else.

The brands scaling from 10 stores to 500 are not spending more — they are simply seeing more clearly than everyone else.

https://yt.openinapp.co/storetech_suren_dilseomni

This is just the beginning. If you’re ready to understand how AI and Omnichannel thinking work together, and hear real stories from people building the future

This is just the beginning. If you’re ready to understand how AI and Omnichannel thinking work together, and hear real stories from people building the future

Suren Gounder

Founder @TangoEye

From Wall Street trading floors to retail store floors, Suren is the founder and CEO of Tango Eye, helping retail brands use in-store video analytics to find and fix exactly where they're losing sales.

Talks with Saurabh Agrawal

Talks with Saurabh Agrawal

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