Tag: Ashish Jhina

Jumbotail raises Rs35 cr debt round from Alteria Capital

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…

Jumbotail closes Series B round with additional $14.2 mn funding

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…