Tag: Jumbotail

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 aims to hire over 400 employees

Wholesale food and grocery, and retail platform – Jumbotail is looking to hire more than 400 employees across multiple geographies. The platform is aiming to hire employees across various functions like product, technology, category management, retail services, supply chain planning and design, project management, finance, credit and payment, customer success and supply chain operations. “We recently…

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…

E-commerce platform Jumbotail raises $11 million in funding

Nexus Venture Partners, Jumbofund, Siddhi Capital, Pimpernal Holdings, Reaction Fund, HNIs and a few industry leaders also participated in the series B2 round.Wholesale online marketplace for Kirana Stores, Jumbotail has raised $11 million in series B2 funding round led by Heron Rock.  Nexus Venture Partners, Jumbofund, Siddhi Capital, Pimpernal Holdings, Reaction Fund, HNIs and a…