Ninjacart Raises $6 Million to Fuel Growth Ahead of IPO Plans

agritech startup

Bengaluru-based agritech company Ninjacart has secured $6 million in fresh funding as part of a larger ongoing round. The investment was led by existing backers Accel, Nandan Nilekani, and Tiger Global, signaling continued confidence in the company’s growth trajectory as it prepares for a potential initial public offering (IPO) in the next two years.

The company plans to use the newly raised capital to expand its operations and strengthen its growth initiatives. Ninjacart has also achieved EBITDA profitability, supported by improved margins through supply chain optimization, increased use of technology, and a more focused product and channel strategy.

Founded in 2015, Ninjacart operates a technology-driven B2B platform that connects farmers, traders, retailers, and businesses through an efficient fresh produce supply chain. The company continues to expand its presence across India while prioritizing operational efficiency and long-term sustainable growth.

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