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Ninjacart consolidates its operations into a bigger campus, Retail News, ET Retail

Established in 2015, Ninjacart has raised $377 million (about Rs 3,100 crore) from investors such as Tiger Global Management LLC, Accel and Infosys co-founder Nandan Nilekani. In its latest funding round, it secured about $145 million (Rs 1,200 crore) from Flipkart and Walmart, reaching a valuation of $815 million (Rs 6,780 crore). Flexible office spaces continue to gain ground with occupiers as they focus on building operational efficiencies through a distributed work model. ....

Nandan Nilekani , Sharath Loganathan , Arpit Mehrotra , National Capital Region , Tiger Global Management , Representative Image , Representative Imageagritech , South India , Delhi National Capital Region , Tiger Global Management Llc , Agritech Startup , Flipkart Walmart Backed Firm , Collaborative Spirit , Dynamic Ecosystem ,

With Focus On Profitability, Waycool To Lay Off Nearly 300, Retail News, ET Retail

Waycool: In a video address to employees on Monday, co-founder and MD Karthik Jayaraman is said to have communicated that the company is working on achieving profitability by December. This will also include closing distribution centres and some of the new experimental projects. ....

Karthik Jayaraman , World Bank Group , International Finance Corporation , Representative Image , Representative Imageagritech , Redwood Equity , Gawa Capital ,