About Ninjacart
Ninjacart is a company based in Bengaluru (India) founded in 2015 by Vasudevan Chinnathambi, Thirukumaran Nagarajan, Kartheeswaran Karandipalayam Kandasamy, and Sharath Loganathan. Ninjacart has raised $507.77 million across 10 funding rounds from investors including Flipkart, Walmart and Accel. Ninjacart has completed 1 acquisition, including Tecxprt. Ninjacart offers products and services including Ninja Mandi, Ninja Kisan, Ninja Kirana, and Ninja Global. Ninjacart operates in a competitive market with competitors including WayCool, Apnaklub, FarMart, HyperPure and Poshn, among others.
- Headquarter Bengaluru, India
- Founders Vasudevan Chinnathambi, Thirukumaran Nagarajan, Kartheeswaran Karandipalayam Kandasamy, Sharath Loganathan
- Stage Minicorn
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Sectors
RetailAgriculture
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Email
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Phone
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Website
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Social
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- Legal Name Ninjacart Pvt. Ltd.
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$45.44 K (USD)289.1as on Mar 31, 2023
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Net Profit
-$51.45 K (USD)-14384.07as on Mar 31, 2023
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EBITDA
-$51.45 K (USD)-14384.07as on Mar 31, 2023
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Total Equity Funding
$507.77 M (USD)
in 10 rounds
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Latest Funding Round
$9.17 M (USD), Series D
May 17, 2022
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Investors
Flipkart
& 30 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Ninjacart
Ninjacart offers a comprehensive portfolio of products and services, including Ninja Mandi, Ninja Kisan, Ninja Kirana, and Ninja Global.
Platform connecting traders and retailers for agricultural commerce.
Tools for farmers to access markets and improve productivity.
Services for retailers to source and manage fresh produce.
Platform for global agricultural export and import.
People of Ninjacart
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Funding Insights of Ninjacart
Ninjacart has successfully raised a total of $507.77M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $9.17 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ninjacart
Ninjacart has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Walmart and Accel.
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Private equity and innovation services are provided by STIC Investments.
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Hahn & Company is recognized as Korea’s leading private equity investment group.
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Accel is recognized as a leading venture capital firm.
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Investor details for Ninjacart
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Investments & Acquisitions by Ninjacart
Ninjacart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tecxprt.
Investment portfolio details for Ninjacart
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Cloud-based suite solutions for business process digitization are provided.
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Complete acquisition details for Ninjacart
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Financial Statements - Ninjacart
Detailed financials for Ninjacart
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Ninjacart Comparisons
Peer comparison for Ninjacart
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Competitors of Ninjacart
Ninjacart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WayCool, Apnaklub, FarMart, HyperPure and Poshn, among others.
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Provider of food supply chain management and farming solutions.
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Local wholesale businesses are facilitated via an e-distribution platform.
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SaaS-based B2B solutions for food supply chains are provided.
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Food industry ingredients are supplied via a B2B platform.
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Provider of suite of services for businesses
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Detailed competitors of Ninjacart
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Latest news on Ninjacart
Complete news archive for Ninjacart
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Frequently Asked Questions about Ninjacart
Ninjacart was founded in 2015.
Ninjacart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kartheeswaran Karandipalayam Kandasamy is the current CEO of Ninjacart. They have also founded this company.
Ninjacart is a funded company, having raised a total of $507.77M across 10 funding rounds to date.
Annual revenue of Ninjacart is $45.44K as on Mar 31, 2023.
B2B platform offering vegetables and fruits. The platform connects farmers, traders, retailers, and consumers through a robust supply chain network. The platform offers vegetables and fruits sourced directly from farms and delivers to kiranas and businesses.
Ninjacart offers Ninja Mandi, Ninja Kisan, Ninja Kirana, and Ninja Global.
Ninjacart has made 1 acquisition, including Tecxprt.
Ninjacart has 31 investors. Key investors include Flipkart, Walmart, Accel, ZopSmart, and Entrust Family Office.
The valuation of Ninjacart is $756.07M as of May 2022.