Private Equity PE Fund Investments
Agri products marketplace Ninjacart raises $145-M from Flipkart, Walmart
Fresh produce supply chain company Ninjacart has raised USD 145 million from fellow Bengaluru-based e-commerce firm Flipkart and its parent firm, the US-headquartered retail giant Walmart. The startup will use the funds to build technology and infrastructure, which is aimed to organise the agri value chain participants including farmers, resellers, retailers, consumers, and supply chain players.
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From the Venture Intelligence PE-VC Deal Database: Between Aug-15 and Oct-20, Ninjacart has raised $194.3 M from Flipkart (since April-2019), STIC Ventures, Trifecta Capital, Tanglin Venture Partners, Syngenta Ventures, Steadview Capital, Tiger Global, Neoplux, Joe Hirao, Mistletoe, Nandan Nilekani, Accel USA, Qualcomm Ventures, Accel India, M&S Partners, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)