CS student | Tech En...ย โขย 2d
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 Venkateswaran (ex-Flipkart, ex-eBay, both Stanford MBAs). They help over 500,000 kirana stores in 400+ cities with tech, supply chain, and fintech solutions. Their FY23 revenue was โน819 crore, and as of July 2025, their valuation crossed $1 billion after a $120 million funding roundโmaking them a unicorn ๐ฆ. The Indian B2B grocery market is massive, and Jumbotail is rapidly expanding, especially after acquiring Solv.
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Set2Scoreย โขย 3d
๐๐๐บ๐ฏ๐ผ๐๐ฎ๐ถ๐น ๐ต๐ฎ๐ ๐ฟ๐ฎ๐ถ๐๐ฒ๐ฑ $๐ญ๐ฎ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป (approximately โน1,000 crore) in a Series D funding round. The round was led by SC Ventures, the innovation and investment arm of Standard Chartered. Other key investors include Artal Asi
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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 marke
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One of the most promising startups on Medial is @jumbotail! ๐น 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 &
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Noida-based IndiaMART, which is India's largest B2B marketplace, recently announced its financial results for the first quarter ending June 30, 2024. The company reported consolidated revenue from operations of Rs 331 crore, marking a 17% increase f
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BREAKING: Porter really delivered! ๐ฆ โถ๏ธ Porter has become a unicorn after completing a fresh friends and family funding round. โถ๏ธ This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios. โถ๏ธ In the
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In 2024, six Indian startups achieved unicorn status, crossing the $1 billion valuation mark: 1. **Krutrim** - India's first AI unicorn, founded in 2023, secured $50 million in January. 2. **Ather Energy** - An electric two-wheeler manufacturer, bec
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Zomato made โน12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of โน12,670 crore, including procurement and delivery costs, Zomato turned profitable with โน351 crore profit after tax.
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