Latest News | Ninjacart Launches USD 25-mn Agri Seed Fund

Mumbai, Mar 4 (PTI) Agri-platform lending platform Ninjacart on Friday said it has launched a USD 25-million agri seed fund to support emerging and new-age start-ups in the agriculture sector.

To boost tech innovation and accelerate disruption, Ninjacart will make seed investments in start-ups, entrepreneurs and tech innovators who present sustainable and tech-enabled solutions, the company said in a statement.

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In addition, Ninjacart will invest in teams that have great tech abilities but may lack a solution or an idea at the moment.

"We have come a long way and we now wish to give back to the system by investing in new ideas and teams that are working hard to bring about change," Ninjacart co-founder and CEO Thirukumaran Nagarajan said. HRS hrs

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)