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Walmart invest in Ninjacart ahead festive season
October 12, 2020
Internet business giants Walmart and Flipkart have once again invested into online grocery startup Ninjacart. The venture follows its first-round from December 2019.
The venture from Flipkart likewise comes when the e-grocery space in India is warming up with Mukesh Ambani-sponsored JioMart’s entrance.
Kalyan Krishnamurthy, CEO, Flipkart Group in an announcement said, “The e-grocery market in India has seen colossal development in the course of recent months as individuals have progressively taken to requesting goods and new products on the web. At the Flipkart Group, we are centered around guaranteeing that we keep on pursuing growing new and creative approaches to address our clients’ issues in this space through the development of Supermart and the ongoing launch of Flipkart Quick”.
Ninjacart has a graceful chain where it uses large information, prescient examination, portable applications and the Internet of Things to connect farmers with commercial centers.