Jumbotail, India’s leading New Retail platform and B2B marketplace for food and grocery products, has raised INR 35 Crore from Alteria Capital. This venture debt round comes after a $25M equity round concluded in January 2021. The company plans to use the funds to expand its operations across the entire country, fund its working capital…
Tag: Ashish Jhina
Jumbotail closes Series B round with additional $14.2 mn funding
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•Jumbotail, a B2B e-commerce marketplace for food and grocery products, announced it has raised $14.2 million in fresh funding led by VII Ventures, bringing to a close the company’s $44 million Series B round. Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, Peter Crosby Trust, Nexus Venture Partners, Discovery Ventures, and a group of high net-worth individuals…
Bengaluru-based Jumbotail raises $11 mn Series B2 funding led by Heron Rock
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•Jumbotail, a B2B e-commerce marketplace for food and grocery products, announced that it has raised $11 million as part of its Series B2 funding round led by Heron Rock. Other investors that participated in the current funding round include Jumbofund, Nexus Venture Partners, Siddhi Capital, Reaction Fund, Pimpernel Holdings and a group of HNIs. Founded…