Agri-tech firm Ninjacart raises $35 million from Accel US, Syngenta

Biggest ever investment round in India's agritech sector

Ninjacart, a business-to-business marketing and supply chain platform for agricultural produce, has raised Rs 2.5 billion (approx $35 million) in a fresh funding round led by Accel US and Syngenta Ventures. This is by far the largest single investment round in the agri-tech space in India. 

The Bengaluru-based startup will utilise the capital to expand into new geographies and setup infrastructure, apart from expanding its team. In a statement, Ninjacart said it aims to expand its service in over 10 cities and open over 200 distribution centres across the country, without giving a specific timeline.

“Our focus will be on