Jumbotail Joins Unicorn Club After $120M Funding Round
Jumbotail has officially joined the Unicorn Club, raising $120M in Series D led by SC Ventures, with strong support from Artal Asia. The B2B marketplace, founded in 2015, is transforming India’s kirana economy serving 500K+ retailers across 400 towns. With revenue doubling in FY23 and the acquisition of Solv India, Jumbotail is betting big on scale and fintech, even as profitability takes a backseat for now.