NINJACART HITS RS 1,600 CR GMV IN FY23; BANKS ON COMMERCE DISCOVERY, INSTANT CREDIT

Agritech startup Ninjacart recorded a 1.6X increase in Gross Merchandise Value (GMV) in FY23 to Rs 1,600 crore. This growth was driven by a 1.3X expansion in fulfilment services, Co-founder and CEO Kartheeswaran K K told YourStory.  Kartheeswaran said the company has already surpassed last year's figures in the current financial year and is expected to reach Rs 4,000-5,000 crore GMV by the end of FY24.