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Jumbotail

Jumbotail is a wholesale and food grocery platform that provides full-stack services for kirana stores, including storefront delivery and payments collection for its sellers.
Jumbotail is a wholesale and food grocery platform that provides full-stack services for kirana stores, including storefront delivery and payments collection for its sellers. It also has a fintech platform that provides payment solutions and access to working capital credit from third-party credit providers to its customers, using transactional data and proprietary algorithms. Additionally, it helps mom-and-pop entrepreneurs run their convenience retail stores on a retail-as-a-service model, with PoS fully integrated with its supply chain and fintech platform. In the last four years, Jumbotail has tied up with over 20,000 kirana stores in Bengaluru, and has raised $23.2 million in funding.
  • AgriTech
  • E-Commerce
  • FinTech
  • Marketplace
    HEADQUARTERS
    Bangalore, Karnataka, , India
    COMPANY SIZE
    101 to 150
    FOUNDED
    Nov 2015

    Awards

    Awards and Recognitions
    39
    A YourStory list of startups in 2019 with groundbreaking ideas that are creating a deep impact.
    Jumbotail is a wholesale online marketplace for local kirana stores with a full-stack model, including storefront delivery and payments collection for sellers. The startup states it brings in a sense of transparency in the market, especially with prices displayed for store owners to see. It enables kiranas to stock the right inventory and make their purchases entirely through the mobile platform. Jumbotail’s impact is borne out by the fact that it has reached 20,000 customers to date, enabling them with the benefit of better margins. The average kirana customer of theirs has increased the purchase size to Rs 5000. Manufacturers and brands can instantly get direct and highly targeted access to thousands of retailers and institutional customers through the Jumbotail platform without needing to invest in expensive physical distribution networks. Jumbotail also opens up the kirana network to financial institutions looking to extend credit in a cost-effective and scalable manner. The platform focusses on providing staples (rice, edible oil, sugar, atta, pulses, dry fruits, etc.,) packaged foods, other FMCG products, personal care items, and homecare products. 

    Funding

    Funding Rounds and Investors
    OTHER
    $9.1M
    Investors
    Innoven capital, Alteria Capital
    14th Mar 2023
    SERIES-C
    $85M
    Investors
    Invus, Artal Asia Pte. Ltd, Ajax Capital
    21st Dec 2021
    VENTURE-ROUND
    142M
    Investors
    Nexus Venture Partners
    Nov 2019
    SERIES-B
    $12.7M
    Investors
    Kalaari Capital, Hedgewood, Capria Ventures, BNK Ventures, Nexus Venture Partners, William Jarvis, Heron Rock Fund
    Jun 2019
    SERIES-A
    $8.5M
    Investors
    Nexus Venture Partners, Kalaari Capital
    Jul 2017
    SEED
    $2M
    Investors
    Nexus Venture Partners
    Jul 2016