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Ninjacart co-founder and Chief operating officer Thirukumaran Nagarajan, fashionable an interview with YourStory, said that he slept stylish subzi mandis all over a period of 3 to 4 months to infer what really happens in the food market ” We ill-used to reach the market at 8 and stayed boulder clay eight or ix in the morning” he siad. atomic number 2 saw lots of vegetables and fruits were lying equally waste and citizenry were walking upon them and power saw how lots of food is atrophied. he realised that farmer have to exchanged a mountain of hands and go through complete middlemen before arrival to the consumer, due to that farmer hardly devising any money fashionable this hole cognitive process. to solve this problem the estimate of Ninjacart arrised.
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Typically, the ninjacart sales process looks a little bit like this — the sales team start their week by forecasting the customer growth plan for the upcoming seven days, taking into account historical demand data and market conditions to make accurate predictions at the sku level.
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Thiru, his co-founder in ninjacart, replied it has been generally advanced the last a couple of years.
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Ninjacart moves complete 1400 tonnes of fresh produce per day and has doubled its volumes in the endmost 4 months.
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How does ninjacart solve the supply chain problem?
We are pioneers in solving one of the toughest supply chain problems of the world by leveraging innovative technology. We source fresh produce from farmers and deliver them to businesses within 12 hours.
How does ninjacart have helped farmers in India?
In many villages, the company claims to have helped increase farmland income by 20%, and as a result, farmers are able to buy equipment and input materials more readily. With its burgeoning base of customers, Ninjacart is able to deliver consistent demand to farmers, which helps them plan their harvests better.
How much money has ninjacart raised to date?
Ninjacart raised a total of $49.5M funded by six investors. Syngenta Ventures and Accel are the leading investors and the lead investors. The total revenue of the company is estimated to be $1.8M.
What kind of business model does ninjacart have?
Ninjacart is India's Leading agri-marketing platform connecting vegetables and fruits farmers directly with businesses. At one end, we help farmers get better prices and consistent demand and on other end we help retailers to source fresh vegetables at competitive prices directly from farmers.
Last Update: Oct 2021
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Allex
25.10.2021 07:32
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Delorean
25.10.2021 00:12
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19.10.2021 04:12
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