Walmart, Flipkart invest in Ninjacart

Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based start-up Ninjacart. The deal understood to be worth about $30 million is expected to close by the end of this month.
This is the second investment by the companies in Ninjacart. Walmart and Flipkart had first placed their bets on the start-up in December 2019.

Ninjacart’s expertise in sourcing fresh produce from farmers and its swift delivery to business will help Flipkart as it grows its grocery (Supermart) and hyperlocal (Flipkart Quick) businesses.