Ninjacart

Ninjacart posts Rs 256-cr loss in FY25, revenue drops to Rs 1,634 cr

Agritech firm Ninjacart on Friday reported a loss of Rs 256 crore during the last fiscal year on lower income. In a statement on Friday, the company said its operating revenue declined to Rs 1,634 crore in the 2024-25 fiscal year from Rs 2,007 crore in the preceding year. "Losses remained largely stable at Rs 256 crore in FY25 versus Rs 260 crore in FY2024...," Ninjacart said. The company attributed the fall in revenue to its decision to discontinue select low-margin and non-core business segments. Ninjacart said its core businesses, which is a fulfilment platform serving retailers, traders, and other institutional customers (including quick-commerce players), are scaling strongly during the current fiscal year, growing at over 100 per cent year-on-year. All core businesses have already achieved operating profitability and the company is now focused on achieving overall profitability during 2026-27, it said. "FY25 was about disciplined execution and making thoughtful choices. We

IndiQube leases 1,037-seater managed workspace to Ninjacart in Bengaluru

Ninjacart will use this new space to fuel its expansion plans as it now operates in new verticals

Ninjacart launches $25-million agri seed fund for new-age start-ups

In addition, Ninjacart will invest in teams that have great tech abilities but may lack a solution or an idea at the moment

Ninjacart buys back ESOPs worth Rs 100 cr after investment from Flipkart

This is the company's second ESOP buyback. Ninjacart had its first buyback in 2019

Flipkart bets on Ninjacart to take on Amazon, JioMart in grocery biz

The $145 million investment has almost doubled valuation of Bengaluru-based Ninjacart from $500 million last year to about $900 million and the firm is approaching unicorn status

Walmart-owned Flipkart infuses $145 mn in agritech startup Ninjacart

'With this investment, we are further able to strengthen our grocery footprint,' says Kalyan Krishnamurthy, CEO, Flipkart Group

Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha

Walmart-owned company sees strong trend of casual gamers going on to become early shoppers

Walmart, Flipkart make fresh investment in supply chain tech firm Ninjacart

For Bengaluru-based Ninjacart, the investment further deepens the partnership with Walmart and the Flipkart Group to improve its offerings and enhance the customer experience

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based business-to-business (B2B) supply chain company Ninjacart

Start-ups looking to tap into venture debt, avoid large funding rounds

Most start-ups are also not expecting to get the right valuation at this time, as the lockdown imposed to curb the virus' spread has severely disrupted business

How supply chain firm Ninjacart is connecting farmers, retailers using tech

Ninjacart connects through a network of more than 200 collection centres and 1,200 warehouses across the country

Walmart, Flipkart jointly invest in fresh produce supply startup Ninjacart

Founded in 2015, Ninjacart moves over 1,400 tons of fresh produce per day, having doubled its volumes in the last four months, it was stated.

Agritech start-up Ninjacart may tie up with supermarkets for groceries

Ninjacart operates supply chain network that delivers fresh farm produce in Bengaluru, Chennai, Hyderabad, Mumbai and Pune

Agri-tech firm Ninjacart raises $35 million from Accel US, Syngenta

Biggest ever investment round in India's agritech sector

Ninjacart: Selling fruit & vegetables is a piece of cake

The Bengaluru-based start-up is a B2B agri-marketing platform, needs to expand its reach