The leading agri-tech company, Ninjacart on Thursday said, “It has acquired SaaS-based end-to-end business solution provider Tecxprt for an undisclosed amount.”
With the acquisition of Tecxprt as well as their team under its umbrella, Ninjacart will expand the opportunities for participants to flourish both individually and collectively, thereby contributing towards the enhancement of the Agri–ecosystem.
As part of the acquisition, Ninjacart will obtain direct access to Tecxprt’s rich technology suite, which will accelerate the digitization within the organization’s ecosystem. With Tecxprt’s technology-focused solution, Agri participants can digitize their operations and communicate more efficiently with their stakeholders. On the other hand, their social network software will facilitate real-time communication across the food supply chain, from farmers, resellers, retailers, consumers to supply chain participants.
Speaking on the acquisition, Hirukumaran Nagarajan, Co-Founder & CEO of Ninjacart said, ‘‘Ninjacart aims to build the largest Agri platform. We are investing significantly and accelerating the technology-driven disruption in the Agri commerce space. Our acquisition of Tecxpert is a first step towards the same. Over the last five years, Tecxprt has demonstrated excellence in technology, customer understanding, and relentless execution. We are thrilled to have the Tecxprt team onboard this journey and transform the lives of Agri value participants together.”
“With this acquisition, we will further strengthen our position as a one-stop- solution for agri-players, retailers, and small businesses supplying Agri commodities across the country. Our focus will remain on nurturing Ninjacart’s core value and in building an employee-focused organization by prioritizing employee well-being and giving prime importance to work-life balance,” He further added.
Commenting on the development, Naveen Murugan, Founder, and Managing Director, Tecxprt said, ‘‘We are thrilled to be a part of the Ninjacart family and grateful for the team’s confidence in us. Our combined workforce, as well as tech capabilities, will be a formidable force towards achieving our joint ambitions of accelerating the growth and streamlining of India’s agri-ecosystem.”
