IndiQube Leases 1037 Seater Workspace in Bengaluru to India's Biggest Agri-Startup Ninjacart
- 15th Nov 2023
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This is one of the big co-working space deals in Bangalore: Colliers, a real estate consultant who also oversaw the transaction, reports that co-working platform IndiQube has leased a 1,037-seater premium managed workspace to Ninjacart in Bengaluru, Outer Ring Road Corridor.
Ninjacart has implemented state-of-the-art technology to optimise the efficacy of the agricultural supply chain procedure for the past eight years. As a consequence, a multitude of participants along the agricultural value chain have gained authority: retailers, importers, exporters, and producers and merchants.
The imminent metro connection that the commercial asset is situated near to the Outer Ring Road corridor will ultimately provide employees with additional convenience.
"Rated for rapid expansion, Ninjacart is an online marketplace for fresh produce managed by an energetic, goal-oriented group of youthful experts. We were certain that a managed space would be most suitable for the current business requirements and yield long-term profits in the Bangalore market, which was highly sought after due to supply constraints and escalating rental costs. The appropriate office space was determined after a comprehensive market analysis was performed by the team, which was then limited to a few commercial assets." according to Arpit Mehrotra, Head of Flex India at Colliers and Managing Director of Office Services for South.
Sharath Loganathan, co-founder of Ninjacart mentioned that the partnership with Colliers and Indiqube was revolutionary and added
About Ninjacart
With a present presence in 70 locations, Ninjacart is poised to undertake a significant expansion in the upcoming year, reaching 200 cities and villages.
Ninjacart is a venture that wants to help millions in agriculture. Technology is used to alter the agricultural environment for a sustainable future with freshness, minimal waste, and advancement for all stakeholders. The firm employs innovation and technology to improve the fresh produce supply chain. It handles typical supply chain challenges such farmer pricing risks, inefficient distribution, delayed payments, excessive prices, low-quality products, and daily market trips.
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