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.
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.
Location: India, Karnataka, Bengaluru
Employees: 1001-5000
Phone: +91 80 6915 5666
Total raised: $228.03M
Founded date: 2015
Investors 5
| Date | Name | Website |
| - | Qualcomm V... | qualcommve... |
| - | Trifecta C... | trifectaca... |
| - | Syngenta V... | syngentagr... |
| - | Tanglin Ve... | tanglinvp.... |
| - | Accel Part... | accel.com |
Funding Rounds 9
| Date | Series | Amount | Investors |
| 13.12.2021 | - | $145M | - |
| 13.10.2020 | - | $30M | Flipkart |
| 18.11.2019 | - | $4.2M | Trifecta C... |
| 12.12.2018 | Series B | $35M | Accel Part... |
| 05.03.2018 | - | $1.1M | - |
| 20.01.2018 | - | $3.13M | Qualcomm V... |
| 11.04.2017 | - | $5.6M | - |
| 07.03.2016 | - | $3M | Accel Part... |
| - | - | $1M | Trifecta C... |
Mentions in press and media 47
| Date | Title | Description |
| 09.04.2025 | Accel-Backed AgroStar Secures USD 6.7 Mn Funding The round saw participation from prominent investors including Accel India, Evolvence, Chiratae Ventures, Hero Enterprises, Bertelsmann, and Aavishkaar... | Pune-based agritech startup AgroStar has raised INR 57.65 crore (approximately USD 6.7 million) in a fresh funding round from its existing investors. This marks the first capital infusion for the Accel-backed firm in 2025. As per regulatory... |
| 07.03.2025 | Ninjacart Expands ESOP Pool With Fresh Equity Shares | SUMMARY Ninjacart has expanded its ESOP pool by 36%, adding 2,397 new equity shares to increase the total from 6,522 to 8,919 shares The agritech startup received shareholder approval through a special resolution at an EGM on January 17, 20... |
| 30.01.2025 | Navigating the Cybersecurity Battlefield: The Rise of AI-Powered Threats | In the digital age, the battlefield is no longer defined by borders or armies. It’s a realm of ones and zeros, where adversaries wield AI as their weapon of choice. The stakes are high, and the threats are evolving faster than ever. As we s... |
| 28.01.2025 | VC firm Tanglin Venture sets third fund target corpus at $250 mn | Ravi Venkatesh, Managing Partner at Tanglin Venture Partners Tanglin Venture Partners, a venture capital firm floated by Tiger Global executives Ravi Venkatesh and Edwina Yeo, is targeting to raise about $250 million (over Rs 2,100 crore) f... |
| 30.10.2024 | Ninjacart’s Revenue Jumps 74% To INR 2,002 Cr In FY24 | SUMMARY The company also trimmed its net loss by 20% to INR 259.6 Cr in FY24 from INR 326.3 Cr in the previous fiscal year This comes on the back of a series of strategic initiatives aimed at lowering operational costs and increasing busine... |
| 23.10.2024 | Avaana Capital Completes Final Close of USD 135 Mn Climate and Sustainability Fund The fund is backed by Green Climate Fund (GCF), DFC, UKIDCF, SRI Fund, SIDBI, Azim Premji Trust, and corporate suppor... | Avaana Capital, a leading climate-focused venture capital firm, has successfully completed the final close of its Avaana Climate and Sustainability Fund with a total fund size of USD 135 million. The fund is dedicated to investing in early-... |
| 14.04.2024 | Number of unicorns in India to rise by a fifth in FY25 | The 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... |
| 21.12.2022 | Data snapshot: ‘A lot of hope’ for India’s supply chain as funding grows for Midstream Technologies | Data 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... |
| 30.11.2022 | NEW REPORT: Indian agrifoodtech startups net record-breaking $4.6bn in fiscal 2022 year | Disclosure: 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... |
| 31.08.2022 | Midstream Tech startups continue to bolster food supply chains navigating uncertain times | Data 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... |
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