Fruits & Vegetables supply chain start up receives major funding boost

India’s largest B2B supply chain start up focusing on sourcing and distribution of fruits and vegetables Ninjacart recenty received a major funding boost. In its Series C funding round, it raised $100 million funding from Tiger Global. The fresh investment raised would be utilized in scaling up its capacity and improvement of supply chain base by bringing in more retailers in its network across the country.

The platform, formed in 2015, is presently sourcing fruits and vegetables sourced directly from farmers in 20 states supplying to over 17,000 kirana and restaurants in 7 major cities.

Thirukumaran Nagarajan, CEO & Co-founder of Ninjacart said, “We are extremely excited to have Tiger Global part of our vision. It opens up new possibilities and opportunities to build valuable and world class solutions to complex supply chain problems. Our focus will be to make the Ninjacart innovation accessible to more farmers, retailers, restaurants and consumers and leverage our strengths to innovate for new product categories”

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