Bengaluru-based B2B marketplace and new retail platform Jumbotail has officially joined India’s unicorn club, raising a massive $120 million (over Rs 1,000 crore) in its latest funding round. Led by SC Ventures—the investment arm of Standard Chartered Plc—this funding marks a major milestone in Jumbotail’s journey.
Though the startup hasn’t publicly disclosed its exact valuation, media…
Jumbotail Becomes a Unicorn: The $120 Million Investment That’s Changing the Future of Food and Grocery
In a major milestone for India’s B2B food and grocery sector, Jumbotail has just raised $120 million in a Series D funding round, propelling the startup to unicorn status with a valuation that’s set to soar beyond $1 billion.
Led by SC Ventures, the innovation and investment arm of…
