Six years ago, a group of brothers began a journey that none of us knew would teach us some of life`s greatest lessons. My co-founders and I had a simple mission in mind: to solve some of the toughest problems in the supply chain and provide safe food to a billion people. When we undertook this feat, the responsibility we had on our shoulders was enormous. We felt the need to fulfill our duty to our compatriots to repair the disrupted fresh produce supply chain. Nevertheless, we have always liked good challenges. So we created Ninjacart to make a difference and improve the lives of our retailers, our farmers and not to mention our ninjas who make it all possible. Inc42 reviewed several copies of termination letters sent to employees. The request for resignation was made through the human resources management application used by the company. Budding entrepreneurs who want to work on interesting ideas and expand business bases? This will be a great opportunity to learn more about building startups. Send an email to interested people ntk@ninjacart.com In 2012, I founded a company called Eduraft, failed and came safely to Taxi. Taxi certainly taught me a lot about startups, scaling, culture building, team management, etc., which is very important for any entrepreneur.
It gave me confidence and taught me how to start Ninjacart. Ninjacart will give entrepreneurs the same thing that Taxi surely gave me. To date, there are four startups that have emerged from Ninjacart that are developing very well (fifth in development). Ninjacart gives you the platform to understand and evolve to a level that allows you to start over. We welcome people from all walks of life – technology, product, business, marketing, sales, customer experience Great people build great organizations. Looking forward to working with great people. Help us by sharing and commenting on the post so we can reach the right people. Speaking to Inc42, Ninjacart CEO Thirukumaran Nagarajan denied implementing such cost-saving measures. According to him, it was only when an employee was accused of compromised integrity that the company shortened the notice period, which is consistent with the terms of the contract. The executive quoted above also claimed that he was laid off in December 2020 as part of a cost-cutting measure. Depending on the individual, the company must meet a 30-day notice period according to the conditions set out in the letter of appointment.
But Ninjacart only offered a 15-day notice period, which essentially didn`t honor the contract, the executive said. “Management (of Ninjacart) has been hiring and firing people since November, without ethical human resources practice. He has hired a number of first-year students from top MBA colleges, including IIMs. But whenever their achievements fell below the required matrix, the company simply fired them without giving them room for improvement or giving them a second chance. This led to a lot of uncertainty among employees, and many left on their own,” the former Ninjacart executive was quoted earlier in the article as saying. The largest B2B fresh produce supply chain company in India. This new year, Ninjacart announced that it had implemented a $100 crore buyback of employee stock ownership plans (ESOPs) for its current and former employees. Ninjacart employees have played a fundamental role in the company`s success, and this ESOP plan will reward them for the dedication and resilience they have shown over the past two years. Thirukumaran Nagarajan, co-founder and CEO of Ninjacart, said of the announcement: “At Ninjacart, we are in a constant process of improving our culture. Building on our recent initiatives, we intend to invest in employee experience, work tools and positive workplace initiatives. We encourage our employees to value their mental and physical well-being by maintaining a healthy work-life balance.
We urge our teams to adopt a problem-solving and technology-driven attitude that can eventually help them excel in their professions and focus on becoming leaders in agritech. To learn more, visit: lnkd.in/gTm_AXDq #esops #ninjacart #news #updates According to two senior management, Ninjacart has been in “cost saving” mode for a few months and has decided to reduce its staff in ground operations and middle and senior management since November 2020. However, the company attributed the layoffs to performance and integrity issues.