Walmart’s Flipkart Invests in Ninjacart —

Walmart and Flipkart have made a joint investment in Ninjacart, a B2B produce company:

“Yesterday (Dec. 11), India’s largest homegrown online retailer and its American parent, Walmart, made a joint investment in the Bengaluru-based B2B fresh produce supply chain company Ninjacart.

‘This (Ninjacart) acquisition is aligned with Flipkart’s strategy of being a one-stop shop,’ Yugal Joshi, vice-president at Texas-based consultancy Everest Group told Quartz. ‘It seems they do get inspired by Amazon, which has also entered the fresh produce market.’”

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