🚀 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 Karthik Venkateswaran and Ashish Jhina, Jumbotail connects kirana stores with suppliers through its innovative online marketplace. With over 2.5 lakh retailers across 50+ cities, Jumbotail's mission is to organize India's food and grocery ecosystem using technology, data science, and design. This potential funding milestone underscores Jumbotail's rapid growth and its pivotal role in transforming India's grocery supply chain.
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