Joint investment of Flipkart and Walmart in Ninjacart

One of the largest online retailers of India, Flipkart has made a joint investment with its US based parent entity, Walmart, in fresh produce supply chain startup Ninjacart. The sum invested is undisclosed though. Both the bigwigs confirmed on Wednesday. The reports were disclosed by Economic Times on August 2. The terms of the investment were not disclosed either. The deal discloses the hint of “ambitions” of Walmart and Flipkart,....