Ninjacart creates $25-M corpus to back agritech startups

Fresh produce supply chain company Ninjacart has launched an "Agri Seed Fund" with a corpus of $25 million to support emerging and new-age startups in the agriculture sector. The Bengaluru-based firm will make seed investments in startups, entrepreneurs and tech innovators who present unique, sustainable and tech-enabled solutions. Ninjacart will also invest in teams that have tech abilities but may lack a solution or an idea at the moment. Ninjacart will also lend these startups access to its agri-platform's extensive technology infrastructure, data pools as well as growth-stage advisory support.