How does Ninjacart operate?

Ninjacart connects farmers with retailers via a network of more than 200 collection centres and 1,200 warehouses across the country. It moves over 1,400 tonnes of fresh produce per day, having doubled its volumes in the last four months.

How does Ninjacart business model works?

Ninjacart company connects producers of food directly with retailers, restaurants, and service providers using in-house applications that drive end to end operations. Ninjacart India has eliminated intermediaries by taking control of the Supply Chain by using technology and analytics.

What is the revenue of Ninjacart?

Estimated Revenue & Financials ninjacart’s estimated annual revenue is currently $576.5M per year.

Who is founder of Ninjacart?

Thirukumaran Nagarajan
Kartheeswaran KKVasudevan ChinnathambiAshutosh VikramSharath Babu Loganathan
Ninjacart/Founders

India-based B2B fresh produce supply chain company Ninjacart is banking on machine learning to improve operations, according to Thirukumaran Nagarajan, CEO, and Co-founder of Ninjacart.

What happened to Ninjacart?

According to two people in the senior management, Ninjacart has been in ‘cost-saving’ mode for the past few months and has decided to reduce its staff across ground operations, middle and senior management since November 2020. The company, however, attributed the layoffs to performance and integrity issues.

Is Ninjacart a unicorn?

The investment has almost doubled the valuation of Bengaluru-based Ninjacart from $500 million witnessed last year to about $900 million and the firm is nearing becoming a unicorn, or a startup with over $1 billion valuation, according to the sources.

Where does Ninjacart operate?

June 30, 2021: Ninjacart is a technology-based fresh produce supply chain company that currently operates in and around 11 Indian cities including Bengaluru, Chennai, Hyderabad, Delhi, Gurugram, Mumbai, and Pune. The company plan to grow into tier 2 and 3 cities in the future.

Is Ninjacart a loss?

Walmart backed Ninjacart widens FY20 losses about five-fold to Rs 484 cr. Walmart and Tiger Global backed fresh produce supply chain startup Ninjacart saw its standalone net losses widen near five fold to Rs 484.4 crore during the financial year-ended March, 202o compared to about Rs 100 crore that it posted in FY19.

How does Ninjacart make money?

With the help of their technology-enabled processes, Ninjacart identified the excess produce and buy it from the farmers at a price that covered their cost. Then it sold those produce to customers at a lower price to reduce the wastage.

How do I contact Ninjacart?

Ninjacart Customer Care No. 080-4680 0159

1. N.
2. ninjacart.in.

Who invested in Ninjacart?

E-commerce major Flipkart India and its US-based parent Walmart have made a joint strategic investment of $145 million in agritech start-up Ninjacart. Ninjacart connects farmers directly with retailers, restaurants, and service providers.