Indian Agri Tech Company Ninjacart All Set To Make New Leaps

Ninjacart, an Indian agritech platform, has announced a $25 million agro seed fund to promote developing and new-age agriculture entrepreneurs.

Ninjacart has stated that it will make seed investments in companies, entrepreneurs, and digital innovators who propose unique and sustainable solutions in order to stimulate tech innovation in the field. This is a much-needed foray into the realm of agri-technology in India. The fund will also be used to invest in teams with strong technical skills, giving them an innovative place to invest their skills. This funding infusion is intended to spur the development of innovative agricultural solutions around the world.

Mr. Thirukumaran Nagarajan, Co-founder and CEO of Ninjacart stated his excitement in creating what he terms as a 'global agriculture ecosystem' and helping 'empower tomorrow's leaders'. He further went on to add that it is the goal of the start-up to help the next generation of entrepreneurs and small businesses thrive together. This agri-tech platform, according to the CEO, is focused on creating a future that is both sustainable and founded on a solid foundation of productive collaboration.

VCs, angel investors, and incubators will be exposed to startups. The approach will be straightforward, allowing early-stage entrepreneurs to put their ideas into action. This will ensure that the pool of ideas is fresh and original, giving entrepreneurs with authentic ideas a place to shine.

Ninjacart also stated that it intends to invest in cutting-edge technologies for its own operations. Ninjacart, which was founded in 2015, raised $145 million from Flipkart and Walmart in December 2021, making it one of the largest agritech deals in India. Bengaluru, Chennai, Hyderabad, Pune, Delhi, and Mumbai are among the cities where it operates.

Fresh fruits and vegetables are procured directly from farmers and distributed to merchants, hotels, restaurants, and even residential complexes by the company. And this further solves another of India's great agricultural woes- the meddling of the middle man. If there's no middle man; only an online platform that is equanimous in its' dealings, India's farming future could be reaching the brighter side of the dark, dark tunnel.