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Ninjacart raises $6 Mn, claims EBITDA profitability as it eyes IPO in two years

Fresh produce supply chain startup Ninjacart raised $6M from existing backers, claims EBITDA profitability, and is preparing for an IPO within two years. It supplies quick commerce, modern trade, and HoReCa across 40+ Indian cities.

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Reported figures

From the report. Source details below

  • $145 Mn prior raise (Dec 2021)
  • revenue Rs 1,634 cr FY25 (down from Rs 2,007 cr FY24)

Other figures

  • $815 Mn prior valuation
  • 150+ products
  • loss Rs 256 cr FY25
  • IPO in 2 years

The source

Source Read the source at Entrackr Published

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