Economic TimesLean R·
Flipkart-backed Ninjacart raises $6 million from Accel, Nilekani, Tiger Global
Ninjacart, a Flipkart-backed agritech firm, has secured $6 million from existing investors, signaling its readiness for a public listing within two years. The company has achieved Ebitda profitability, a significant milestone driven by improved category mix, deeper sourcing, and supply-chain efficiencies. This funding marks a crucial step as Ninjacart expands its services beyond traditional fulfillment, aiming for a stronger market presence.
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