Flipkart, Walmart increase investment in Ninjacart to enhance logistics chain

BENGALURU: Ahead of the rapidly approaching festive sales season, e-tailer Flipkart and parent company Walmart announced a fresh round of investment in Ninjacart—a business-to-business (B2B) supply chain infrastructure and technology solutions start-up.

This follows in the wake of the investment made by Walmart and the Flipkart Group in December 2019, with the companies focussing on the grocery and fresh produce segments and implementing a farm to fork presence through their tech capabilities.