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NINJACART FOUNDER
Agritech startup Ninjacart tops Rs 1,000 crore in FY23 revenue, up 19%The topmost cost heads at the firm during the year were purchases of stock in trade and employee-related expenses. The former went up 18.5%...- Ninjacart consolidates its operations into a bigger campusEstablished in 2015, Ninjacart has raised $377 million (about Rs 3,100 crore) from investors such as Tiger Global Management LLC, Accel and...
- ET Startup Awards 2023: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
- Agriculture export startup Produze raises $2.6 million in funding led by Accel PartnersProduze began its operations six months ago and was founded by Ben Mathew, Gaurav Agrawal, Rakesh Sasidharan and Emil Soman. Mathew and Agr...
- Ninjacart acquires SaaS platform Tecxprt to streamline supply chainFlipkart-and-Walmart-backed Ninjacart said that the acquisition would help the company digitise its operations and facilitate real-time com...
- Ninjacart sets aside $25 million for investments in agri-tech startupsCalled Agri Seed Funds, Ninjacart will use the fund to make seed investments in startups and entrepreneurs, “who present unique, sustainabl...
- ETtech Deals Digest: Mohalla Tech, Innovaccer raise funds this weekMoj and ShareChat parent Mohalla Tech and healthcare software-as-a-service (SaaS) firm Innovaccer were among the startups that raised funds...
- Flipkart, Walmart invest $145 million in Ninjacart in online grocery pushThis is the third time Flipkart is investing in Ninjacart. It first invested an undisclosed amount in the Bengaluru-based startup in 2019 a...
- Goodbye Grofers, hello Blinkit; Indian startups’ tax woesDeliveries in 10 to 20 minutes, unthinkable in India just a few years ago, is now a reality in many cities. For obvious reasons, grocery fi...
- Flipkart in talks to lead $100-million funding round in NinjacartThe Ninjacart funding will be one of the largest investment rounds by the e-commerce major in a startup as it races to expand its footprint...
- Despite being new favorite of VCs, perils in agritech continue to troubleThere’s been a steady rise in venture capital investments in agritech companies. While funding has become easier to come by, challenges rem...
- Companies look for alternative ways to market and store fruits and vegetables during lock down"We are directly selling fruits and vegetables in the radius of 100 km from our sourcing centres. Apartments and housing colonies are emerg...
- Take three: Flipkart’s $100+ million online grocery bet in IndiaIn its third big shot at online food and grocery, Flipkart pieces together the legs of its strategy through two big investments in seven da...
- Walmart, Flipkart invest in NinjacartNinjacart connects farmers to retailers via a network of more than 200 collection centres and 1,200 warehouses across India. It moves over ...
- Amazon in talks with NinjaCart to put funds in fresh produce spaceInvestment may give Amazon an entry into one of the biggest untapped segments
- Tiger Global sows Rs 625 cr in agritech firm NinjaCartLargest initial cheque written by NY-based investment powerhouse will land firm 26.5% stake.
- Startups are deploying tech to improve farm-to-fork supply chain and offer farmers better pricesCompanies like Ninjacart, Crofarm and KrishiHub are now procuring directly from farmers and selling to retailers, thereby eliminating middl...
- Ninjacart raises Rs 250 crore from Accel US and othersThe company is also in the business of setting up cold storage facilities especially for fruits which need to be preserved so that they can...
- How Grofers survived to deliver and tell the taleThe decision of founders to pivot to an inventory-led model paid off for the firm.
- How failing helps you get starting up rightA recent study by startup tracker Xeler8 shows that 43.7 per cent of startups have gone bust since June 2014, most of them in hyped sectors.
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