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Havish Gupta

Figuring Out • 11m

Running a grocery store is difficult. You have to order goods, deal with numerous suppliers, struggle with credit facilities, and much more. Jumbotail has a solution! Jumbotail, a B2B startup founded by Karthik Venkateswaran, is essentially a marketplace for food and grocery products, catering to grocery stores. It solves a variety of shopkeepers' problems by: 1. Connecting multiple suppliers in one place. 2. Providing shopkeepers with an inventory management system. 3. Offering its own delivery service, which ensures fast and trackable deliveries. 4. Providing a credit facility. 5. Ensuring the delivery of quality products. 6. Notifying shopkeepers about the latest and trendiest products. How it Earns? It earns through commissions made on its marketplace platform, delivery fees, and by offering inventory management tools and credit facilities. Financials: • Used by over 250,000 shopkeepers. • Total GMV is about $282 million. • It has raised a total of $143 million. • It boasts $100 million in sales with a $33 million loss and expects to become EBITDA profitable this year. Competition: Udaan is its main competitor, but while Udaan focuses on multiple categories like fashion, Jumbotail sticks to grocery products. What do you think?

9 Replies

Replies (9)

Samrat Kesharwani

19 | Founder & CEO @... • 11m

bro groceries alone is too big to handle $800B market size....massive. if I'm not wrong

1 Reply

Anonymous 3

Hey I am on Medial • 11m

Jumbotail is like the one-stop-shop for shopkeepers. Now, if only they could find a way to deal with the udhaar pe stuff lene wale people, full circle close ho jayega

1 Reply

Anonymous 2

Hey I am on Medial • 11m

Damn bro 2.5lakh people are ordering so much stuff that it has crossed 100mil in sales. Wow talk about volume

1 Reply

Anonymous 1

Hey I am on Medial • 11m

Just because he is only focusing on grocery and not everything is why i think he will win in his category.

1 Reply

Yusuf Khan

Lets build something... • 11m

Hey Guys, I am searching for a CTO, can anyone suggest some names or any good platforms or ideas for finding one. Startup is about simplifying logistics and SCM sector and its located in Navi Mumbai.

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Mridul Das

Introvert! • 5m

🚀 Big news in the B2B ecommerce world! Jumbotail, the Bengaluru-based startup reportedly closing in on a $120 million funding round for a $1 billion valuation. They work in food and grocery supply chain. Founded in 2015 by Stanford and IIT alumni

1 Reply

Sahil Bagwan

Learning New Things • 5m

One of the most promising startups on Medial is @jumbotail! 🔹 What is Jumbotail? A Bangalore-based B2B e-commerce platform revolutionizing India's food & grocery supply chain. It connects Kirana stores with suppliers, streamlining procurement &

Shanu Chhetri

CS student | Tech En... • 2m

B2B marketplace Jumbotail becomes India's newest unicorn startup after raising over Rs 1,000 crore Jumbotail is a B2B online marketplace for food and grocery, founded in 2015 by Ashish Jhina (an IIT Delhi grad and apple farmer) and Karthik Venkatesw

Anonymous

Hey I am on Medial • 8m

The unorganized wholesale and retail market in India’s food and grocery sector is worth $600 billion, contributing 10% of the India GDP, with 85% of it still lacking structure. We’re exploring a platform to help grocery/food wholesalers or suppliers

Shivaram Krishna

Hey I am on Medial • 7m

How about starting a grocery delivery platform which targets mainly premium customers where the cost of products will usually be 50-60% higher than other platforms. vegetables will be organically grown and only the best products will be available.

8 Replies

kailash maheshwari

insurance consultanc... • 3m

Anyone who is interested to be a co founder in grocery delivery, food delivery app please message me on my WhatsApp number 9327604590 Existing startups involved in grocery delivery and food delivery app can also contact me, we are interested at all a

Umashankar m

Hey I am on Medial • 9m

[This post has been deleted by the creator]

GROSO SERVICE
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Shoopy • 8m

Business Name: Groso Business Model: Groso is an online grocery / product service exclusively serving Nagpur. It connects local grocery stores and product suppliers to customers through a user-friendly app or website. Customers can browse, order, and

3 Replies

Inactive

AprameyaAI • 1y

Zepto, an instant grocery delivery startup, is set to raise $650 million from existing and new investors at a valuation of $3.5 billion. This significant fundraise underscores the high interest in India's booming quick commerce sector

13 Replies

Prajyot

Trying to figure out • 10m

During conversations with shopkeepers, it has been observed that 20-30% of profits are turning into bad debts. To address this issue, we are considering developing an application that would allow shopkeepers to register themselves, as well as custome

3 Replies