{"id":478,"date":"2026-03-26T03:40:40","date_gmt":"2026-03-25T18:40:40","guid":{"rendered":"https:\/\/india-marketing.jp\/india-company\/ninjacart\/"},"modified":"2026-09-20T03:28:35","modified_gmt":"2026-09-19T18:28:35","slug":"ninjacart","status":"publish","type":"india-company","link":"https:\/\/india-marketing.jp\/en\/india-company\/ninjacart\/","title":{"rendered":"Ninjacart | A B2B produce platform connecting farmers with retailers and restaurants"},"content":{"rendered":"<div class=\"disclaimer-asof\" style=\"border:1px solid #e0e0e0;background:#fafafa;padding:16px 18px;margin:0 0 28px;font-size:.92em;line-height:1.8;border-radius:4px;\">\nThis article is based on what we could verify <strong>As of September 19, 2026<\/strong> This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with \u20b91 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.\n<\/div>\n\n\n<p>Ninjacart is a B2B platform that delivers produce bought from farmers to retailers and restaurants the same day. By shortening the conventional distribution chain that passes through several layers of middlemen, it aims to reduce both loss of freshness and price markups.<\/p>\n<h2>Company profile<\/h2>\n<table>\n<tr>\n<th>Item<\/th>\n<th>Details<\/th>\n<\/tr>\n<tr>\n<td>Legal name<\/td>\n<td>Ninjacart (103FS \/ Ninjacart)<\/td>\n<\/tr>\n<tr>\n<td>Year founded<\/td>\n<td>2015<\/td>\n<\/tr>\n<tr>\n<td>Headquarters<\/td>\n<td>Bengaluru (Karnataka)<\/td>\n<\/tr>\n<tr>\n<td>Co-founders<\/td>\n<td>Thirukumaran Nagarajan, Kartheeswaran K K, Vasudevan Chinnathambi, Sharath Loganathan<\/td>\n<\/tr>\n<tr>\n<td>Revenue (operating revenue)<\/td>\n<td>\u20b91,634 crore (FY2025 = fiscal year ending March 2025; down from \u20b92,007 crore the previous year). Net loss of \u20b9256 crore<\/td>\n<\/tr>\n<tr>\n<td>Employees<\/td>\n<td>About 3,100<\/td>\n<\/tr>\n<tr>\n<td>Total funding raised<\/td>\n<td>About 412.74 million dollars (16 rounds)<\/td>\n<\/tr>\n<tr>\n<td>Listing<\/td>\n<td>Unlisted<\/td>\n<\/tr>\n<tr>\n<td>Official website<\/td>\n<td><a href=\"https:\/\/ninjacart.com\/\" target=\"_blank\" rel=\"noopener\">ninjacart.com<\/a><\/td>\n<\/tr>\n<\/table>\n<h2>Business and strengths<\/h2>\n<p>Produce collected in the morning is sorted during the night and delivered to retailers by the following morning. Produce distribution in India normally goes through collection markets, and it is not unusual for several days to pass between the farmer and the store shelf. Shortening that is where Ninjacart started.<\/p>\n<p>Fulfillment for retailers, traders, and quick commerce operators is the core of the business.<\/p>\n<h2>Recent developments<\/h2>\n<p>Operating revenue for FY2025 (fiscal year ending March 2025) was \u20b91,634 crore, down from \u20b92,007 crore the previous year. The company explains this as the result of exiting low-margin non-core businesses. The net loss was \u20b9256 crore, roughly flat against \u20b9260 crore the previous year. The core fulfillment business grew by more than 100% year on year and is profitable on a standalone basis, and the company says it aims to be profitable company-wide in FY2027.<\/p>\n<h2>Points for Japanese companies<\/h2>\n<p>If you want a stable supply of agricultural produce in India, using a B2B platform like this as your point of contact makes it easier to limit variation in volume and quality than buying directly from the growing region. It is a candidate partner when you want to secure a steady volume for processing use.<\/p>\n<h2>Reference Information<\/h2>\n<ul><li><a href=\"https:\/\/inc42.com\/company\/ninjacart\/\" target=\"_blank\" rel=\"noopener\">Inc42 \u2013 Ninjacart (funding and results)<\/a><\/li><li><a href=\"https:\/\/ninjacart.com\/\" target=\"_blank\" rel=\"noopener\">Ninjacart official website<\/a><\/li><\/ul>\n<h2>Related Articles<\/h2>\n<ul><li><a href=\"https:\/\/india-marketing.jp\/en\/business\/india-comprehensive\/\">Pros and Cons of Entering the Indian Market<\/a><\/li><li><a href=\"https:\/\/india-marketing.jp\/en\/business\/startup\/\">Unicorn Companies Born in India<\/a><\/li><li><a href=\"https:\/\/india-marketing.jp\/en\/business\/middle-class\/\">Consumption Trends of India's Middle Class<\/a><\/li><\/ul>\n\n<div class=\"p-blogParts post_content\" data-partsid=\"1001\">\n<div class=\"swell-block-fullWide pc-py-60 sp-py-60 alignfull\" style=\"background-color:#094309\"><div 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crore\uff09\u3060\u304c\u3001\u4e2d\u6838\u4e8b\u696d\u306f100%\u8d85\u3067\u4f38\u3073\u3066\u3044\u308b\u3002\u52a0\u5de5\u7528\u9014\u3067\u4e00\u5b9a\u91cf\u3092\u7d99\u7d9a\u3057\u3066\u4ed5\u5165\u308c\u305f\u3044\u8cb7\u3044\u624b\u306e\u7a93\u53e3\u306b\u3082\u306a\u308b\u3002<\/p>","protected":false},"featured_media":0,"template":"","class_list":["post-478","india-company","type-india-company","status-publish","hentry"],"acf":{"summary":"Ninjacart\u306f2015\u5e74\u30d0\u30f3\u30ac\u30ed\u30fc\u30eb\u5275\u696d\u306e\u8fb2\u7523\u7269B2B\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u3002\u5171\u540c\u5275\u696d\u8005\u306fThirukumaran Nagarajan\u30894\u540d\u3002FY2025\uff082025\u5e743\u6708\u671f\uff09\u306e\u55b6\u696d\u53ce\u76ca\u306f\u20b91,634 crore\uff08\u524d\u5e74\u20b92,007 crore\uff09\u3001\u7d14\u640d\u5931\u306f\u20b9256 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