Tiger Global invests $89 million in agri-tech startup NinjaCart

Khaitan & Co advised NinjaCart on the deal

Tiger Global executed its $89.5 million investment in agri-tech startup NinjaCart,

NinjaCart is a marketing and delivery platform for agricultural produce.

Founded in 2015, NinjaCart connects farmers to end retailers such as grocery stores, supermarkets and restaurants, which buy fruits and vegetables. It runs a logistics network enabling swift pick-up and drop of farm produce.

The agri-tech start-up is currently operational in Bengaluru, Hyderabad and Chennai.

Khaitan & Co advised NinjaCart with a team including Arun Scaria (Picture), Hardik Bhatia and Mrudul Dadhich.

Involved fees earner: Arun Scaria – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: 63Ideas Infolabs Pvt. Ltd (Ninjacart);


Author: Michael Patrini