Achieves operational profitability in Bengaluru, on track to achieve the same in Chennai, Hyderabad in six months.
Agri-tech platform Ninjacart, which connects farmers to retailers. It has expanded its supply chain operations to Delhi, Mumbai and Pune. They hired 600 people across these locations to handle sales, procurement, category management, operations and logistics.
The start-up is utilising funds received from the recently closed Series B round of ₹250 crore for expansion and hiring.
The startup which is launched in the year 2015, the Bengaluru-based start-up currently moves 350 tonnes of vegetable and fruits from a sourcing network of 4,500 farmers to 9,500 retailers in Bengaluru, Chennai and Hyderabad every day.