Walmart Backs Supply Chain Startup Ninjacart With $50 Mn Funding

Date posted: Friday 2 August 2019

Retail giant Walmart has backed fresh produce supply chain startup Ninjacart with an investment of $50 Mn. Walmart, which has a majority stake in Flipkart and operates a cash and carry business in India, is looking to go deeper into the market with the Ninjacart investment, which also includes rights to invest further in future rounds.

(Inc42)