916
Startup funding
Jumbotail rasie $8.5 Mn from Kalaari capital and others.
07th, July 2017 - Startup funding
Jumbotail is an online wholesale Marketplace for food and grocery.
Jumbotail has raised $8.5Mn series A funding from Kalaari capital & Nexus Venture partners. As per a company statement, Nexus had previously invested $2 Mn in Jumbotail.
Jumbotail was founded in Nov 2015 by Stanford alumni S. Karthik Venkateswaran and Ashish Jhina. It is an online wholesale marketplace for food and grocery. Jumbotail serves wholesale customers such as kirana stores and HoReCa (hotel, restaurant and cafe) businesses in Bengaluru.
The company plans to utilise the funds for building technologies and enhance operational capabilities. The services provided by Jumbotail include storefront delivery and payments collection for its sellers. Apart from this, the startup provides working capital credit from third-party credit providers to sellers.
Categories: Startup Event , Startup , Startup community , News , Food tech , Legal tech startup , HR Tech , Tech Startup , Guest blog , Featured entrepreneur , FinTech , International news , International Startup , Analytics , Product review , Social enterprise , Health care , My journey , Co working space , Fashion , Sponsored , F&B
No comments so far.
YOU MIGHT ALSO LIKE THESE
DataCultr launches its IOT Edge Gateway platform for Connected Devices
December 20th, 2018
The saga of Samosa ajja from Mangaluru
May 04th, 2017
TSAR- Making time fashioner off wood!
January 25th, 2018
Now Small business prefer only UPI
June 20th, 2019
The journey of Srikanth Iyer - entrepreneur, sports enthusiast and family man
July 09th, 2017
FROM THE LEAGUES OF LEGAL LEGACY TO THE LEGACY OF LAW FOR ALL
October 03rd, 2017