Walmart and Flipkart has announced a joint strategic investment in Ninjacart, the innovative startup disrupting India’s fresh produce market with its made-for-India business-to-business (B2B) supply chain infrastructure and technology solutions. The transaction is expected to close by this year-end. The company was founded in 2015. Partnering with Ninjacart will help Walmart and Flipkart strengthen direct…
Tag: Kalyan Krishnamurthy
Shadowfax announces $60mn financing round led by Flipkart group
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•E-commerce marketplace Flipkart has announced a strategic minority investment in Shadowfax, a full-stack logistics platform founded in 2015. The investment is part of a $ 60 million Series D funding that Shadowfax received from Eight Roads Ventures, NGP Capital, Qualcomm Ventures, Mirae Asset Naver Fund, and World Bank-backed IFC. These funds will enhance the tech…