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

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S.Karthik Venkateswaran

Cofounder & CEO at Jumbotail

More about S.Karthik »
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.

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

Press Mentions

March 18, 2024

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

Read on Entrepreneur India »

December 14, 2023

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

Read on YourStory »

May 25, 2023

Jumbotail doubles GMV to ₹2,262 crores in FY23

Read on Jumbotail »

March 14, 2023

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

Read on businessline »

January 10, 2022

Jumbotail raises $85 million Series C round

Read on Economic Times »

December 13, 2021

Corner Stores Are the New Darlings of the Global Tech Industry

Read on The Atlantic »

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