Sunday, December 22

Tag: Ninjacart

Agri-tech Startup Ninjacart Secures Rs 250 Crore
13Dec By Gauri SinghNo Comments
FUNDING

Agri-tech Startup Ninjacart Secures Rs 250 Crore

Agri-tech startup Ninjacart has raised Rs 250 crore in a series B round of funding. This round was led by Accel US and Syngenta Ventures which is dedicated to invest in the agriculture sector. Others like Korean investment company Neoplux, Jo Hirao, founder of ZIGExN, HR Capital and Trifecta Capital. Along with the new set of investors the company said that its existing ones like Nandan Nilekani, Accel India, Mistletoe, Qualcomm Ventures also participated in this round. The RainMaker Group was the financial advisor to Ninjacart for this funding round. Ninjacart which is in the business of supplying fresh fruits and vegetables directly from farmers to urban retailers intends to use the funds to enter new cities like Mumbai and Delhi and expand its di...
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Ninjacart Raised 20 Crores From Accel Partners To Fight For Farmers
7Mar By AdityaNo Comments
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...
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