Walmart And Flipkart Group Make Additional Investment in Indian Agritech Startup Ninjacart Ninjacart plans use the capital to expand to new markets and build new offerings and supply chains for emerging customer segments, while continuing to innovate on the supply chain to make it more efficient, reliable, and profitable.
Walmart Backs Supply Chain Startup Bengaluru based Ninjacart With $50 Mn Funding Retail giant Walmart has backed fresh produce supply chain startup Ninjacart with an investment of $50 Mn. Walmart, which has a majority stake in Flipkart and operates a cash and carry business in India, is looking to go deeper into the market with the Ninjacart investment, which also includes rights to invest further in future rounds.
Walmart plans to deploy $1.2 bn for funding Flipkart's operations US-based Walmart Inc. is planning to deploy cash and cash equivalents worth $1.2 billion (Rs 8,337 crore at current exchange rate) for funding the operations of its Bengaluru-based e-commerce platform Flipkart, the retail giant said in filings with the US Securities and Exchange Commission (SEC) last week.
Dada-JD.COM Announced the Completion of Its Latest $500 Million Round of Financing From Walmart and JD.COM The imdada.cn is a combination of Dada delivery and daojia.jd.com home delivery. Their main business is urban express service, which provides consumers with one-hour delivery service of fresh vegetables and fruits, daily provisions, medicine and health, flowers and cakes, personal cosmetics, etc. While providing the instant delivery service, dada also provides delivery service for a large number of partners such as Jingdong mall, 7Fresh and KungFu, etc.