Jumbotail

Meet an Unreasonable Venture

Organising the food and grocery ecosystem in India using technology, data science, and design

S.Karthik Venkateswaran

Cofounder & CEO at Jumbotail

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jumbotail.com

Employees 501+

Headquarters Bengaluru, Karnataka, India

Jumbotail is India’s leading New Retail platform and Online B2B marketplace for food & grocery that connects 250,000+ mom & pop Kirana grocery stores with brands, producers, and farmers. Jumbotail was co-founded by Stanford MBA classmates S.Karthik Venkateswaran and Ashish Jhina. Jumbotail Logistics is an in-house, tech powered full stack supply chain with fulfilment centers, distribution centers, enabling last mile storefront delivery and payments collections from its customers. Jumbotail’s fintech platform facilitates working capital credit by connecting lending partners to its customers and sellers.

Jumbotail transforms traditional mom & pop stores into J24 store - a chain of modern convenience grocery stores, owned and operated by mom & pop retailers, powered Jumbotail’s New Retail platform that is fully integrated with its logistics and fin-tech. Jumbotail has the capability to set up a fully functional J24 grocery store within 24h-48h.

Food & Water

Notable Achievements

Jumbotail serves 250,000 kirana stores, operating in 50+ cities in India.
Jumbotail is a market leader for small and medium mom & pop kirana stores. Jumbotail enjoys the highest Customer NPS in eB2B.
Jumbotail has raised $125M equity capital since inception.

Currently Operating in One Region

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Press Mentions

March 18, 2024

B2B Retail Platform Jumbotail Raises USD 18.2 Mn in Series C3 Led by Artal Asia

With the support of funding, the Bengaluru-based startup will be able to expand its suite of go-to-market products and services for new and emerging brands to reach mass market consumers through...

Read on Entrepreneur India »

December 14, 2023

Jumbotail's losses balloon to Rs 264 Cr in FY23; expenses at Rs 1114 Cr

Indian B2B marketplace Jumbotail has reported widening losses in FY23. The company's losses increased by 2.5 times compared to the previous year, despite a significant increase in revenue....

Read on YourStory »

May 25, 2023

Jumbotail doubles GMV to ₹2,262 crores in FY23

Jumbotail, India's leading online B2B marketplace and New Retail platform for food & grocery marked a 100% YoY increase in Gross Merchandise Value (GMV) (net of cancellations and returns), reaching...

Read on Jumbotail »

March 14, 2023

Jumbotail raises $9 mn debt from Alteria Capital, Innoven Capital

Jumbotail to invest this funding in building deep sourcing capabilities and AI-driven technologies to drive operational profitability in the next 12 months

Read on businessline »

January 10, 2022

Jumbotail raises $85 million Series C round

The funding was led by Artal Asia Pte. Ltd., an affiliate of Invus, a global equity investment firm with over $10 billion of evergreen capital under management.

Read on Economic Times »