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Technology: Ninjacart on FoodTech-AgTech growth

Fiinews by Fiinews
December 10, 2024
in Technology
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Program to leverage expertise for future food distribution

The Ninjacart Startup Program aims to accelerate the growth of early-stage FoodTech and AgTech startups by providing access to cutting-edge technology, venture capital partners, financial backing, and expert business advisory.

“By offering our expertise, technology, and network, we aim to help startups accelerate their startup journey and propel the collective transformation of the global agriculture ecosystem,” said Kartheeswaran KK, Co-Founder and CEO, Ninjacart, the proponent of the program designed to empower innovators who are driving systemic change in food systems from Bengaluru https://www.makeinindia.com/home/.

“With nearly a decade of experience in transforming agricultural ecosystems, Ninjacart has collaborated with global agri-tech innovators to optimize supply chains and address distribution challenges,” he said on 9 Dec.

“The Ninjacart Startup Program leverages this expertise to help startups scale faster, drive change, and lead the future of food distribution.”

The Program offers four key benefits to participants:

1.  Access to Ninjacart’s Advanced Technology: Ninjacart’s industry-leading, cutting-edge technology offers startups access to a focused suite of supply chain management proprietary tools to drive growth or enhance operational efficiency. Growth tools include demand forecasting, sales management, pricing intelligence, campaign management, and customer app. Operational tools include procurement, inventory management, workforce management, logistics, and catalog management.

2.  Pitch to VC Partners: Startups will have the chance to present to top VC partners such as Syngenta Group Ventures and Base Capital on Demo Day, scheduled for February 2025.

3.  Financial Backing: Ninjacart offers credits up to US$50,000 to offset platform and implementation fees during the first six months of participation.

4.  Expert Business Advisory: Participants will gain access to Ninjacart’s domain expertise in building scalable supply chains for fresh produce, meat, and staples, offering tailored guidance to shorten their path to profitability.

The program is open to emerging startups founded in 2020 or later, with up to US$1 million in funding, operating outside India. Eligible startups must be post-revenue and focused on innovating the food supply chain.

“At Ninjacart, we’ve always believed in the transformative power of technology to solve critical supply chain inefficiencies,” said Kartheeswaran https://digitalinasia.com/. Fiinews.com

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