Ninjacart
Latest round
- Series D
Last raised
- May 2022
Total raised
- $326M
Investors
- 22
About Ninjacart
63Ideas Infolabs Private Limited, operating through Ninjacart, is an agritech company focused on connecting farmers directly with retailers to streamline the distribution of fresh produce, leveraging technology to enhance supply chain efficiency. Founded in 2015 in India, 63Ideas Infolabs Private Limited operates in the agritech sector, specifically focusing on creating a direct supply chain platform for fresh produce., Sharath Loganathan, Udbhav Dalmia, and Vasudevan C, with Udbhav Dalmia currently serving as CEO. Ninjacart is a prominent agritech brand in India, specializing in the direct procurement and distribution of fresh produce. The company primarily operates a supply chain platform that connects farmers directly with retailers, ensuring the efficient delivery of fruits, vegetables, and other agricultural products. By leveraging technology to streamline the supply chain, Ninjacart addresses significant challenges such as post-harvest losses and market inefficiencies, ultimately enhancing product freshness and reducing costs for consumers. The firm serves a diverse client base, including local grocery stores, restaurants, and food service businesses across major urban centers in India such as Bengaluru, Hyderabad, and Delhi.Ninjacart generates revenue through a B2B model, facilitating transactions between farmers and various retail clients.40 for 2023. This model includes partnerships, where retailers subscribe to Ninjacart's supply platform for consistent access to fresh produce. Retailers typically place orders through the platform, allowing them to select from a range of products, ensuring timely delivery tailored to their inventory needs. The transaction structure is designed to enhance efficiency, enabling clients to scale their operations with lower overhead costs. Ninjacart's flagship offerings particularly focus on premium quality produce, effectively meeting the demands of urban consumers while establishing a strong foothold in the competitive agritech landscape. The company will use the May 2022 funds in building technology and infrastructure to organize, empower, and enhance the lives of millions involved in the agri-value chain, including farmers, resellers, retailers, consumers, and supply chain participants. There are no specific details available regarding new product launches or expansion into new markets at this time.
Who invested in Ninjacart
22 investors across 12 rounds
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Funding rounds
Series D
May 17, 2022
Amount
$9M
Investors
Series D
Dec 23, 2021
Amount
$144M
Investors
Series C
May 20, 2021
Amount
$9.6M
Investors
Series C
Dec 15, 2020
Amount
$10M
Investors
Series C
Jan 11, 2020
Amount
$15M
Investors
Series C
Jun 17, 2019
Amount
$9.9M
Investors
Series C
Apr 26, 2019
Amount
$89M
Investors
Series B
Nov 17, 2018
Amount
$26M
Investors
Series A
Jan 24, 2018
Amount
$5.4M
Investors
Series A
Jan 20, 2017
Amount
$5.4M
Investors
Series A
Mar 31, 2016
Amount
$2M
Investors
Series A
Aug 21, 2015
Amount
$0.9M
Investors
Questions about Ninjacart
Who invested in Ninjacart?
Ninjacart has 22 investors on record across 12 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ninjacart raised?
Ninjacart has raised 12 venture rounds. Sign up free to see how much each round raised and the total.
When did Ninjacart last raise money?
Ninjacart's most recent round on record is a Series D, in May 2022.
What does Ninjacart do?
63Ideas Infolabs Private Limited, operating through Ninjacart, is an agritech company focused on connecting farmers directly with retailers to streamline the distribution of fresh produce, leveraging technology to enhance supply chain efficiency.
Where is Ninjacart headquartered?
Ninjacart is headquartered in Bangalore, India.
Which VCs invest in companies like Ninjacart?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back logistics & distribution companies at Ninjacart's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Series D
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