Jumbotail raises $120M Series D funding; completes acquisition of Solv Combined platform serves 500,000+ kiranas and MSMEs across categories, enabling small businesses to compete and grow in this new age economy. India’s bustling startup ecosystem just welcomed a new unicorn Jumbotail, a Bengaluru-based B2B marketplace transforming how small retailers, especially Kirana stores, procure groceries and essential products. Commission approves the proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered Research and Technology India Pvt. Ltd. (SCRTIPL), SC Ventures Holdings Limited (SC Ventures), Solv-India Pte. Ltd. (Solv-India), SCV Master Holding Company Pte. Ltd. (SCV Master), Artal Asia Pte Ltd. (Artal Asia), and founders of JTPL, namely Mr. Subramanian Karthik Venkateswaran and Mr. Ashish Jhina Commission approves the proposed combination involving Jumbotail Technologies ... Jumbotail ecosystem has 4 in-house, proprietary platforms - B2B online marketplace, Supply Chain & Logistics, Fintech for SME Lending, and Retail platform that powers its J24 branded convenience...
