- April 11, 2017 / 2 min readAgri-marketing platform, Ninjacart raises $5.5 million in series B funding
Ninjacart, B2B agri-marketing platform, has raised Rs 37 crore ($5.5 million) in series B funding from investors including Accel Partners, Nandan Nilekani's NRJN Trust, Mistletoe, Qualcomm Ventures and M&S Partners.
Bengaluru based Ninjacart, aims to use the funds to raise hiring and look at increased automation of its supply chain.
Ninjacart delivers fruits and vegetables to businessess directly from farmer's fields. It pegs its USP on freshness and quality of more than 80 fruits and vegetables on its platforms.
Thirukumaran, CEO & Co-founder, Ninjacart, said, "We want to build cost efficient, reliable supply chain that can handle more than 300 tonnes a day. Currently, we are moving 60 tonnes of produce a day from farm to store in less than 14 hours at a cost lower than traditional supply chains.”Trending ArticleDaily UpdatesWhich is the highest format preference of Fun-Seeker?
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