Jumbotail, a leading B2B e-commerce platform in India, has reached unicorn status after raising $120 million in its Series D funding round. This major achievement shows the company’s strong growth and the rising importance of tech-driven supply chains in India’s retail sector.
The funding round was led by a group of global investors. With this new capital, Jumbotail plans to expand its operations, improve its technology, and reach more small and medium retailers across the country.
Based in Bengaluru, Jumbotail helps thousands of small shops and kirana stores by offering an online platform to buy groceries and other products in bulk. The company also provides credit, logistics, and supply chain support to help these small businesses run smoothly.
The co-founder of Jumbotail, Ashish Jhina, shared that the funds will be used to strengthen the company’s supply chain and tech infrastructure. “We want to make it easier for small retailers to do business and grow profitably,” he said.
Jumbotail is also focusing on expanding its private label products and increasing the number of brands available on its platform. The company has already built strong warehousing and logistics systems that support fast and reliable delivery.
With this latest round, Jumbotail joins the list of Indian unicorns — startups valued at over $1 billion. It reflects the fast-changing nature of India’s retail market, where digital tools are helping small shopkeepers compete and grow.
This milestone also shows that investor confidence in India’s B2B sector remains strong, especially in companies that solve real-world problems using smart technology.
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