US retail giant Walmart and Flipkart on Wednesday said they will jointly invest in Bengaluru-based business-to-business (B2B) supply chain company, Ninjacart. The three partners aim to help ensure better access to high-quality fresh produce for retailers and consumers across India while also creating economic opportunities for farmers, a statement said.

— The Economic Times

L&L Partners advised Steadview Capital Mauritius Limited led by a team of partner Vaibhav Kakkar, and the team consisted of Ms. Ritvika Thakur and Mr. Debarpan Gosh (associates).

2019-12-01

Deal value: $50m

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