Walmart and Flipkart’s Investment in Ninjacart
Indian e-commerce giant Flipkart, in collaboration with its parent company Walmart, has made an undisclosed investment in the fresh produce delivery startup Ninjacart. This investment underscores Flipkart’s commitment to enhancing its grocery delivery services and expanding its hyperlocal offerings.
Ninjacart’s Innovative Supply Chain
Ninjacart boasts a robust supply chain infrastructure that utilizes big data, predictive analytics, mobile applications, and the Internet of Things (IoT) to establish seamless connections between farmers and marketplaces. With over 1,200 warehouses, Ninjacart has positioned itself as a leader in the grocery delivery space, ensuring efficient and timely distribution of fresh produce.
Flipkart’s Hyperlocal Strategy
The investment in Ninjacart aligns with Flipkart’s broader strategy to venture into hyperlocal delivery services across various segments. In May 2019, Flipkart launched Flipkart Supermart, marking its entry into the grocery delivery market. Through Supermart, Flipkart has prioritized building the necessary infrastructure, supporting local farmers and producers, and fostering sustainability in the ecosystem.
Commitment to Innovation and Sustainability
Kalyan Krishnamurthy, CEO of Flipkart Group, emphasized the company’s dedication to driving change and addressing local challenges through technology. He highlighted Flipkart’s efforts in developing Flipkart Supermart, which has not only created employment opportunities but also brought quality, convenience, and value to consumers. Flipkart’s investment in Ninjacart further strengthens its commitment to innovation and sustainability in the grocery delivery space.