Jumbotail

company

About

Jumbotail is an operator of an online marketplace that simplifies food and grocery shopping.

Details

Last Funding Type
Series C
Last Funding Money Raised
₹6.43B
Industries
E-Commerce,Food and Beverage,Grocery,Marketplace,Retail
Founded date
Nov 4, 2015
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Jumbotail Technologies Pvt. Ltd.
Also Known As
Jumbotail Technologies

Jumbotail is an operator of an online marketplace that simplifies food and grocery shopping.

Jumbotail is a VC funded startup building an online marketplace for food and grocery, targeted at wholesale buyers. It also operates a marketplace that connects tens of thousands of these Kirana stores with brands and traders. The company offers a whole suite of services including supply chain logistics, a mobile app for placing orders, integration with point-and-sales devices, and credit solutions to shop owners that can’t easily get a loan from banks.

They offer a wide selection of high-quality staples, homecare, packaged foods, and personal care products from all the leading brands, and staples producers. Their vision is to organize the food and grocery ecosystem in India using technology, data science, and design. They are building products, platforms, and services for the next billion people of India, who have fundamentally different needs - access, language, selection, supply chain, financial, cultural, and the like. Their market potential is huge - in the order of hundreds of billions of dollars. They have a strong core team consisting of alumni from Stanford, CMU, IIT, BITS, etc. having several years of industry experience in companies like Amazon, Flipkart, eBay, BCG, Housing, and Grofers.

They are reimagining and reengineering the food and grocery ecosystem through intelligent technology, intuitive design, and innovative business and supply chain models. They are a passionate team driven by their sense of purpose to solve a critical real-world problem. Each team member will have significant ownership of key components that go into the next-generation e-commerce, supply chain, demand generation, and credit technology platforms and services that they are building.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
₹8.57B $46.63M
Jumbotail has raised a total of ₹8.57B $46.63M in funding over 2 rounds. Their latest funding was raised on Mar 14, 2023 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 14, 2023 Debt Financing ₹750M 1 Detail
Dec 20, 2021 Series C ₹6.43B 3 Invus Detail
Jun 14, 2021 Debt Financing ₹350M 1 Alteria Capital Detail
Jan 8, 2021 Series B $25.20M 8 VII Ventures Detail
Oct 24, 2020 Series B $11M 7 Heron Rock Fund Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Jumbotail has made 1 investments. Their most recent investment was on Jun 20, 2022, when Afropolitan raised $2.10M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 20, 2022 Afropolitan
Pre-seed $2.10M Blockchain

Investors

Number of Lead Investors
Number of Investors
11
25
Jumbotail is funded by 25 investors. Invus and Alteria Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Invus Yes Series C
Alteria Capital Yes Debt Financing
VII Ventures Yes Series B
Heron Rock Fund Yes Series B
InnoVen Capital Debt Financing
Ajax Capital Series C
Tom Williams Series C
Discovery Ventures Series B
Grupo Nutresa Series B
Jumbofund Series B

Employee Profiles

Number of Employee Profiles
10
Jumbotail has 10 current employee profiles, including Board member Tom Williams
Board member
Board member
Executive
Board member