Jumbotail is a full-stack B2B marketplace and retail platform for food and grocery that serves small and medium kirana stores across India. Its offering combines internal warehousing, a last-mile delivery network that provides next-day storefront deliveries, and a fintech platform for financial services, credit solutions, and payments. The company says its revenue is driven by organic, unassisted digital orders placed by kirana stores via its app. Jumbotail plans to invest the new proceeds in expanding its suite of go-to-market products and services to help new and emerging brands reach mass-market consumers through its nationwide kirana network and to develop AI-driven technologies to increase customer wallet share. It also intends to hire across sourcing, technology, category management, product management, and marketing teams. Co-founders S. Kartik Venkateswaran and Ashish Jhina say the company aims to achieve operational profitability across its network by the end of 2024. Jumbotail operates a B2B wholesale marketplace and built its own supply‑chain network to enable last‑mile delivery and two‑day shipping to neighborhood stores. The startup supplies point‑of‑sale devices and integrates kiranas with hyperlocal delivery partners such as Dunzo and Swiggy, and it provides working capital via partnerships with financial institutions. Jumbotail also runs a private‑label portfolio to standardize product quality and ensure year‑round supply. The company serves more than 30,000 neighborhood stores across India and says it has been operationally profitable for nearly three quarters. It plans to use fresh capital to broaden its private‑label catalog, hire talent, and expand into more regions, especially several cities in South India. Jumbotail operates a wholesale marketplace that connects tens of thousands of kirana stores with brands and traders, offering supply-chain logistics, a mobile ordering app, POS integration, and credit solutions. The company currently operates only in the Bangalore area and provides its app and support in four languages (English, Hindi, Malayalam, and Kannada). Management says it is on track to clock $100 million in GMV in Bangalore by year-end. The startup employs about 140 people and an additional 400 staff working in its supply-chain network. Jumbotail plans to invest the fresh capital in developing AI solutions to improve its supply chain network and to make it easier for brands to join the marketplace. It faces competition from larger players including Amazon India, Flipkart, Reliance Retail, BigBasket, Grofers, Udaan and ShopX. Jumbotail operates an online wholesale marketplace for groceries. The Bengaluru-headquartered company began operations in the southern city of Bengaluru and plans to gradually expand across the country. Founded in 2015, the company initially raised $2 million from Nexus. Jumbotail has raised $8.5 million in a funding round led by Kalaari Capital with participation from Nexus Venture Partners. The company said it will use the new funds to enhance technology and operational capabilities. No revenue or user metrics were disclosed in the article.

Total raised

$54M

Funding rounds

4

Latest round

Series C

Latest activity

Mar 2024