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Ninjacart

63Ideas Infolabs Private Limited Bengaluru, Karnataka Founded 2015 ninjacart.com ↗

India's largest B2B fresh-produce supply chain platform, connecting farmers directly with retailers, kirana stores, restaurants and food-service providers, cutting out middlemen. Founded in Bengaluru in 2015, originally as a hyperlocal grocery delivery app before pivoting to B2B agri supply chain. The registered operating entity is 63Ideas Infolabs Private Limited (CIN U51100KA2015PTC081330, incorporated 2 July 2015); a separate, much smaller related…

Thirukumaran Nagarajan · Co-founder & CEO Kartheeswaran Karandipalayam Kandasamy · Co-founder & COO Sharath Loganathan · Co-founder Ashutosh Vikram · Co-founder Vasudevan Chinnathambi · Co-founder Sachin Jose · Co-founder (departed Sept 2017)
$292.6 MnTotal funding (tracked)
10Funding rounds
2 Jul 2026Last round

Ninjacart: Funding Rounds

Date Round Amount Investors Source
2 Jul 2026 Undisclosed $6 Mn (first tranche of a multi-tranche round) Accel Nandan Nilekani Tiger Global Management source
18 May 2022 Undisclosed $9 Mn Main Street Digital Life IV Pte Ltd STIC Investment source
14 Dec 2021 Undisclosed $145 Mn Flipkart Walmart source
12 Oct 2020 Undisclosed ~$30 Mn (ET estimate; exact quantum not disclosed by Walmart/Flipkart) Flipkart Walmart source
11 Dec 2019 Undisclosed ~$50 Mn (unconfirmed estimate, deal size not disclosed by company) Flipkart Walmart source
21 Jun 2019 Series C $2.9 Mn + $2.9 Mn + $2.4 Mn + $441.7K equity + $2.8 Mn debt (extension close, multiple investors) ABG Capital Steadview Capital Tanglin Venture Fund Tiger Global Management Trifecta Capital source
24 Apr 2019 Series C $89.5 Mn (₹625 Cr) Tiger Global Management source
12 Dec 2018 Series B $34.6 Mn (₹250 Cr) Accel HR Capital Jo Hirao Mistletoe Nandan Nilekani Neoplux Qualcomm Ventures Syngenta Ventures Trifecta Capital source
11 Apr 2017 Series A $5.5 Mn (₹37 Cr) Accel M&S Partners Mistletoe NRJN Trust (Nandan Nilekani) Qualcomm Ventures source
7 Mar 2016 Seed $3 Mn (₹20 Cr) Accel source

Acquisitions

DateAcquirerAcquiredAmountSource
10 Mar 2022 Ninjacart Tecxprt Undisclosed source

Recent Signals

  • 2 Jul 2026 · growth-traction
    Ninjacart claims EBITDA profitability, targets IPO within two years source
  • 1 Sep 2017 · org-team
    Co-founder Sachin Jose departs Ninjacart (Sept 2017) source

News on Ninjacart

No coverage of Ninjacart linked yet.

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FAQs on Ninjacart

Who founded Ninjacart?

Ninjacart was founded by Thirukumaran Nagarajan, Kartheeswaran Karandipalayam Kandasamy, Sharath Loganathan, Ashutosh Vikram, Vasudevan Chinnathambi, Sachin Jose in 2015.

How much funding has Ninjacart raised?

Ninjacart has raised $292.6 Mn across 10 tracked funding round(s), most recently on 2026-07-02. Figures are compiled from cited public sources.

Who are the investors in Ninjacart?

Investors in Ninjacart include Accel, Nandan Nilekani, Tiger Global Management, Main Street Digital Life IV Pte Ltd, STIC Investment, Flipkart, Walmart.

What does Ninjacart do?

India's largest B2B fresh-produce supply chain platform, connecting farmers directly with retailers, kirana stores, restaurants and food-service providers, cutting out middlemen. Founded in Bengaluru in 2015, originally as a hyperlocal grocery delivery app before pivoting to B2B agri supply chain. The registered operating entity is…

Where is Ninjacart headquartered?

Ninjacart is headquartered in Bengaluru, Karnataka, India.

What is Ninjacart's business model?

Ninjacart's core value proposition centers on Better prices & consistent demand for farmers, Fresh produce delivered fast with quality assurance, Eliminates middlemen, adds supply-chain transparency.

How does Ninjacart make money?

Ninjacart's cited revenue streams include Trading margin on produce, Service/commission fees, Fintech services for farmers (planned).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.thecompanycheck.com · Last verified 17 Jul 2026. · Report a correction