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Ninjacart leverages technology to source fresh vegetables and fruits directly from farmers and delivers them to retailers and businesses across several cities within 12 hours.
Basic Information
Ninjacart is a company that is aiming to disrupt the fresh produce supply chain. As Ninjacart undertakes the risk of picking up the fruits and vegetables from the farmers and delivering it to the small retail outlets, its revenue is largely dependent on the commission it earns from the entire transaction. According to this startup, the farmers are able to earn better remuneration since there is no involvement of middlemen and there is a guarantee of a steady demand.
Legal Name
:
63Ideas Infolabs Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2B  
Founding Date
:
2015
No. of Employees
:
1000+
Core Team
:
1.  
Thirukumaran Nagarajan
Co-Founder & Chief Executive Officer
2.  
Kartheeswaran K K
Co-Founder & Chief Operating Officer
3.  
Vasudevan Chinnathambi
Co-Founder
4.  
Sharath Loganathan
Co-Founder

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Funding

Total Funding

$367.1M

Investors
:
1.  
Clark Valberg
2.  
M&S Partners
3.  
Stic Investment
4.  
Qualcomm Ventures

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10

$3M

Series Name
:
SERIES-A
Date
:
Mar 2016
Investors
:
1.  
ZopSmart
2.  
Qualcomm Ventures
3.  
M&S Partners
4.  
Accel

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