December 2019 \ News \ JOINT VENTURE
Walmart, Flipkart jointly invest in Ninjacart startup

Walmart and its Indian arm Flipkart ...

  • Mr Krish Iyer, President and Chief Executive, Walmart India

Walmart and its Indian arm Flipkart in December jointly invested in fresh produce supply chain startup Ninjacart, to modernise fresh produce market to benefit consumers, retailers and farmers. “As a homegrown e-commerce company, it is in our DNA to drive change and solve complex

With the new agreement, Walmart, Flipkart and Ninjacart aim to offer better access of high quality fresh produce to more retailers and consumers in the country even as they economically empower farmers


local problems in-house through technology. In Ninjacart, we see a company that shares our values, our pioneering mindset and our commitment to tech-driven innovation that improves life in India,” said Flipkart Group chief executive Kalyan Krishnamurthy in a statement.