NinjaCart raises $35 million from Accel, Syngeta Ventures

NinjaCart raises $35 million from Accel, Syngeta Ventures
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  • New Delhi: NinjaCart, a marketing and delivery platform for agricultural produce, has raised $35 million ( Rs 250 crore) in a Series B funding round led by Accel Partners (US)and Switzerland-based Syngeta Ventures, the company said in a statement on Wednesday.
  • New investors, including South Korean private equity firm Neoplux, founder of ZiGeXn Jo Hirao, Russian firm HR Capital and venture debt firm Trifecta Capital joined the new investment round.
  • NinjaCart’s existing investors Accel India, Nandan Nilekani NRJN Trust, Misteltoe and Qualcomm Venture also participated in the round.
  • To date, the Bengaluru-based company has raised over $49 million.


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