Tuesday, November 5

Tag: grocery market

Jugnoo Acquires SubKuchFresh to Enhance its Grocery Delivery Services
ACQUISITION

Jugnoo Acquires SubKuchFresh to Enhance its Grocery Delivery Services

The leading on-demand auto-rickshaw aggregator Jugnoo acquires SubKuchFresh in a bid to enhance its recently launched grocery delivery service 'Fatafat'. This acquisition enables Jugnoo to offer a more comprehensive grocery delivery service with improved procedures of procurement, sorting, packaging and quality check of products. Furthermore, the move is corresponding to Jugnoo's vision of making optimum utilization of resources with auto-rickshaws as its logistic partners, allowing them to make extra bucks when not transporting passengers. The delivery services are currently available for customers in Mohali and Panchkula apart from Chandigarh. "This is a step towards helping the auto drivers to supplement their livelihood through extra earnings. Jugnoo also intends to create...
Ninjacart Raised 20 Crores From Accel Partners To Fight For Farmers
FUNDING

Ninjacart Raised 20 Crores From Accel Partners To Fight For Farmers

BENGALURU: Ninjacart a Bengaluru-based online platform has raised Rs 20 crore in a funding round led by Accel Partners. The Funding round also saw participation from Qualcomm Ventures, Singapore-based M&S Partners and ZopSmart, the parent of online grocer ZopNow.that connects farmers and brands to retailers, has raised Rs 20 crore in a funding round led by Accel Partners. Ninjacart platform connects farmers and brands to retailers,  which helps supermarkets and kirana stores to source fresh fruits and vegetables from farmers and brands. Ninjacart will use funding to hire talent, invest in supply chain infrastructure and technology. Thirukumaran Nagarajan, chief executive officer at Ninjacart said "Due to marginal farming, poor logistics and zero market information, a number of m...