Bengaluru: Flipkart-backed fresh fruits and vegetable supply chain startup Ninjacart has raised $9 million (Rs 69 crore) from South Korea-based STIC and UK-based Mainstream Digital at a valuation of $812 million (Rs 1,050 crore), according to regulatory filings sourced by ETtech. STIC is an existing investor in Ninjacart.

Flipkart and Walmart have announced a $145-million joint strategic investment in Bengaluru-based fresh produce supply startup Ninjacart, the company said in a statement on Monday. Ninjacart CEO and co-founder Thirukumaran Nagarajan said, “The funds will be deployed to build world-class teams, scalable tech platforms to organise and grow the network.” Founded in 2015

Ninjacart Raises $9 Million From Stic, Mainstream Digital At A Valuation Of $812 Million

Ninjacart Raises $9 Million From Stic, Mainstream Digital At A Valuation Of $812 Million

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