ninjacart
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ninjacart

http://ninjacart.in/
Last activity: 14.04.2024
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Categories: AgriTechB2BBuildingE-commerceFoodTechInfrastructureMarketplacePlatformSupplyTechnology
Ninjacart is India’s largest Fresh Produce Supply Chain platform. We are pioneers in solving one of the toughest supply chain problems of the world by leveraging innovative technology. We connect producers of food directly with retailers, restaurants, and service providers using in-house applications that drive end to end operations.

Currently, our supply chain is equipped to move 1400 tonnes of perishables from 20,000+ farmers to 60,000+ retailers and businesses across 7 cities, every day in less than 12 hours.

Problems with the traditional Supply chain -

Farmers experience price risk, information asymmetry about demand, distribution inefficiency, and receive late payments.

Retailers face problems like higher costs, low quality and unhygienic produce, high price volatility, and the everyday hassle of going to the market.

The traditional Supply Chain is highly inefficient, unorganized, and has a high rate of food wastage.

Our Solution -

We eliminated intermediaries by taking control of the Supply Chain by using technology and analytics.

We built reliable, cost-effective, and high-speed logistics and infrastructure to solve for inefficiencies and reduce food wastage in the Supply Chain.

On one end, farmers get better prices and consistent demand, and on the other end, retailers receive fresh produce at competitive prices that are delivered to their doorstep.

Our high-quality and hygienically handled fresh produce ensures healthy food to consumers.

Our progress so far:

We are a 4000+ people company
We move 1400+ tonnes of produce in a day
Produce from farms is delivered to retailers within 12 hours
We work with 20000+ farmers and 60000+ retailers and businesses
We are currently functional in 7 cities

Vision:

Our vision is to build India's most efficient and largest Supply Chain platform and improve the lives of producers, businesses, and consumers in a meaningful manner.
We are focused on making the Ninjacart innovation more accessible to the most fragmented parts of society. We intend to leverage our strengths and resources to innovate for new product categories and customer segments while solving complex supply chain problems.

Our supporters:

In a short span of 5 years, we have garnered support from various stakeholders who believe in our vision and stand by us. We raised $8.5 million in Series A funding, and $35 million in Series B, which was led by Accel US, Syngenta Ventures, Neoplux, HR Capital, Trifecta Capital, and Jo Hirao, Founder of ZIGExN. Our previously existing investors Accel India, Nandan Nilekani, Mistletoe and Qualcomm Ventures also participated in the round. The Series C funding of $100 mil was led by Tiger Global.
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Location: India, Karnataka, Bengaluru
Employees: 1001-5000
Phone: +91 80 6915 5666
Total raised: $228.03M
Founded date: 2015

Investors 5

Funding Rounds 9

DateSeriesAmountInvestors
13.12.2021-$145M-
13.10.2020-$30MFlipkart
18.11.2019-$4.2MTrifecta C...
12.12.2018Series B$35MAccel Part...
05.03.2018-$1.1M-
20.01.2018-$3.13MQualcomm V...
11.04.2017-$5.6M-
07.03.2016-$3MAccel Part...
--$1MTrifecta C...

Mentions in press and media 41

DateTitleDescription
14.04.2024Number of unicorns in India to rise by a fifth in FY25The number of unicorns in the Indian startup ecosystem is set to go up by around a fifth in FY25, with around 20-odd soonicorns rapidly closing in on the magic number. Among the probables are online ticketing platform Bookmyshow, fintechs N...
21.12.2022Data snapshot: ‘A lot of hope’ for India’s supply chain as funding grows for Midstream TechnologiesData Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re...
30.11.2022NEW REPORT: Indian agrifoodtech startups net record-breaking $4.6bn in fiscal 2022 yearDisclosure: AFN‘s parent company is AgFunder. Indian agrifoodtech startups netted a record-breaking $4.6 billion across 230 deals in the fiscal year 2022 (FY22), according to the AgFunder Indian AgriFoodTech Investment Report 2022, in colla...
31.08.2022Midstream Tech startups continue to bolster food supply chains navigating uncertain timesData Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re...
10.03.2022Walmart-Backed Ninjacart Acquires Saas Startup Tecxprt To Streamline Supply Chain OperationsAgritech startup Ninjacart has acquired SaaS-based smart solutions provider, Tecxprt, for an undisclosed amount. The acquisition will enable Ninjacart to leverage Tecxprt’s rich technology suite to digitise its operations and streamline com...
10.03.2022The Week in Agrifoodtech: Finless Foods nets $34m; CPGs & QSRs quit RussiaThis week, cultivated seafood startup Finless Foods closed a $34 million funding round, Clean Crop Technologies raised funds for its crop protection tool, and Protenga nabbed capital for its insect farming operations. Meanwhile, major food ...
04.03.2022🇮🇳 Roundup: Ninjacart sets up $25m agri-focused fund (Updated)InvestmentsNewsStartups Samreen Ahmad · 4 Mar 2022 · 2 min read🇮🇳 Roundup: Ninjacart sets up $25m agri-focused fund (Updated) Startups in India, including Junio, raised at least US$6 million in funding today from local investors. Here’s a s...
20.01.2022South Korea’s agtech startup Greenlabs raises $140M Series C to accelerate global expansionGreenlabs, a South Korean agtech startup, announced this week it has closed a $140 million Series C led by BRV Capital Management, with participation from Skylake Incuvest and SK Square. The startup plans to use the Series C, which brings i...
19.01.2022Data Snapshot: India’s most active funding category last year? Midstream TechData Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletter to receive alerts about new re...
13.12.2021Flipkart, Walmart invest $145m in Agritech platform NinjacartUS-based retailer Walmart Inc and Flipkart Group on Monday announced to invest $145 million in agritech startup Ninjacart. This is the third time Flipkart has invested the in fresh produce supply chain company Ninjacart.
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