Where is Ninjacart located?

Ninjacart is located in Bengaluru, India .

Who is the current CEO of Ninjacart?

Kartheeswaran Karandipalayam Kandasamy is the current CEO of Ninjacart.

Which legal entities is Ninjacart associated with?

Ninjacart is associated with 63ideas Infolabs Private Limited and 2 others.

How many employees does Ninjacart have?

Ninjacart has 1106 employees as of Mar 31, 2025.

Is Ninjacart a funded company?

Ninjacart is a funded company, its first funding round was on Aug 21, 2015.

How much is Ninjacart worth?

The latest valuation of Ninjacart is $756M as on May 17, 2022.

When was the latest funding round of Ninjacart?

Ninjacart's latest funding round was on May 17, 2022.

What is the annual revenue of Ninjacart?

Annual revenue of Ninjacart is 鈧�2,080颁谤 as on Mar 31, 2024.

Where does Ninjacart rank among its competitors?

Ninjacart ranks 3 amongst 202 active competitors.

Who are the top competitors of Ninjacart?

Ninjacart's top competitors are HyperPure, WayCool and FarMart.

Ninjacart - 2025 Company Profile, Funding, Competitors & Financials

Ninjacart is a series D company based in Bengaluru (India), founded in 2015 by Thirukumaran Nagarajan, Sharath Loganathan, , Ashutosh Vikram, Vasudevan Chinnathambi and . It operates as a B2B fruits and vegetable marketplace. Ninjacart has raised $508M in funding from investors like Accel, Flipkart and , with a current valuation of $756M. The company has 202 active competitors, including 45 funded and 4 that have exited. Its top competitors include companies like HyperPure, WayCool and FarMart.

Company Details

B2B fruits and vegetable marketplace. It provides a platform for farmers and producers to sell the products to wholesalers, retailers, supermarkets, grocers, and more. It mitigates payment risks, maintains quality standards, streamlines logistics, and distributes real-time information.

Website
Social
Email ID: @ninjacart.com
Phone Number: +91

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Series D

Total Funding

in 10 rounds

Latest Funding Round

Post Money Valuation

as on May 17, 2022

Investors

Accel & 39 more

Ranked

3^rd among

Annual Revenue

as on Mar 31, 2024

Employee Count

as on Mar 31, 2025

Investment & Acquisitions

Mayani &

Similar Companies

Legal entities associated with Ninjacart

Ninjacart is associated with 3 legal entities given below:

Legal Entity Name	Date of incorporation	Revenue	Net Profit	Employee Count
Ninjacart Services Private Limited	Jan 04, 2021	-	651	204
Ninjacart Private Limited	Dec 03, 2019	$13K (as on Mar 31, 2022)	645	365
63ideas Infolabs Private Limited	Jul 01, 2015	$251M (as on Mar 31, 2024)	227	110

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Ninjacart has raised a total funding of $508M over 10 rounds. Its first funding round was on Aug 21, 2015. Its latest funding round was a Series D round on May 17, 2022 for $9.17M. 2 investors participated in its latest round, which includes , , NPX Capital and Steadview.

Ninjacart has 30 institutional investors including Accel, Flipkart and . Tiger Global Management is the largest institutional investor in Ninjacart. Nandan Nilekani and 9 others are Angel Investors in Ninjacart.

Here is the list of recent funding rounds of Ninjacart:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
May 17, 2022	$9.17M	Series D	3945769	3871483	STIC Investments,
Dec 13, 2021	$145M	Series D	3818580	6105832	, Flipkart, and
Oct 21, 2020	$197M	Series D	7356232	6660589	, Flipkart, and

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View details of Ninjacart's funding rounds and investors

The founders of Ninjacart are Thirukumaran Nagarajan, Sharath Loganathan, , Ashutosh Vikram, Vasudevan Chinnathambi and . is the CEO of Ninjacart. Ashutosh Vikram has founded 2 more companies - and . Thirukumaran Nagarajan has founded 2 more companies - and .

Ninjacart's board has 6 active members. Thirukumaran Nagarajan, and Vasudevan Chinnathambi are part of team and , Harish Swaminathan and are independent board members.

View details of Ninjacart's Founder profiles and Board Members

Top competitors of Ninjacart include HyperPure, WayCool and FarMart. Here is the list of Top 10 competitors of Ninjacart, ranked by 秘密研究所 score :

Overall Rank	Company Details	Short Description	Total Funding	Investors	秘密研究所 Score
1st	HyperPure 2015, Delhi (India), Acquired	B2B platform offering ingredients for the food industry	$1.11M	Motivated Minds Wealth, 听&补尘辫;听	76/100
2nd	WayCool 2015, Chennai (India), Series D	Provider of food supply chain management solutions	$366M	Potential, Pivot Ventures听&补尘辫;听	74/100
3rd	Ninjacart 2015, Bengaluru (India), Series D	B2B fruits and vegetable marketplace	$508M	, 听&补尘辫;听	71/100
4th	FarMart 2015, Gurugram (India), Series B	Online platform designed for farm production	$45.9M	Bustle, Exponential Ventures听&补尘辫;听	71/100
5th	Jumbotail 2015, Bengaluru (India), Series C	B2B and retail platform offering multi-category food and grocery products	$159M	Lionfish Capital, VII Ventures听&补尘辫;听	67/100
6th	Solv 2019, Bengaluru (India), Acquired	Marketplace platform offering multi-category products and services for businesses	$40M	, Standard Chartered听&补尘辫;听	66/100
7th	Apnaklub 2019, Bengaluru (India), Series A	E-distribution platform for local wholesale business	$29.3M	TrueScale Capital, Sequoia Capital听&补尘辫;听	66/100
8th	ShopKirana 2015, Indore (India), Series C	Provider of B2B procurement platform for grocery retailers	$58.2M	NPX Capital, NPTK Emerging Asia Fund 1听&补尘辫;听	64/100
9th	Poshn 2020, Delhi (India), Seed	Provider of suite of services for businesses	$7.96M	ICICI Bank, 听&补尘辫;听	64/100
10th	Agrim 2020, Gurugram (India), Series B	B2B agri-input supply chain platform for retailers	$36.8M	Sprout Invest, Omnivore听&补尘辫;听	62/100

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Founders own 10.50%, Funds (largest shareholder) own 55.29%, Enterprises own 25.59% and Angels own 5.31%. The net worth of Ninjacart's founders is INR 614Cr as of May 17, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative investment	Realised returns	Unrealised returns	Return multiple
Founder	10.50%	614Cr	3345338	5080368	7312233	1542114
Thirukumaran Nagarajan	593	629	992	133	161	649
Ashutosh Vikram	5	8	2	6	6	8
Sharath Loganathan	5	4	8	3	8	3
	8	3	6	8	5	6
Vasudevan Chinnathambi	6	3	1	5	2	8
	0	0	0	0	0	0
Fund	55.29%	3,230Cr	3862693	5483368	8671106	4558851
	3	6	1	3	5	1
STIC Investments	0	0	0	0	0	0
Tiger Global Management	3259048	5528623	7517443	3870227	5624749	5220974
Tanglin Venture Partners	813	810	844	658	870	103
Enterprise	25.59%	1,500Cr	1881465	7411693	1293765	5839154
Angel	5.31%	311Cr	23092	76888	12442	54258
Other People	0.38%	22.5Cr	0	0	0	0
ESOP Pool	2.80%	164Cr	89	71	34	67
Other Investors	0.13%	7.46Cr	0	0	0	0
Total	100.00%	5,850Cr	6793478	4080715	6608039	9242571

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of Ninjacart's Shareholding

Ninjacart has made 3 investments including Mayani, Fyllo and KiloFarms. Ninjacart has not made any acquisitions as of now. Here is the list of its investments: