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.
Basic Information
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.
Legal Name
:
Jumbotail Technologies Pvt. Ltd
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
Founding Date
:
Nov 2015
No. of Employees
:
101 to 150
Core Team
:
1.
Karthik Venkateswaran
Co-Founder & Chief Executive Officer
2.
Ashish Jhina
Co-Founder & Chief Operating Officer
Funding
Total Funding
$160.4M
Investors
:
1.
Tom Williams
2.
Alteria Capital
3.
Heron Rock Fund
4.
Kalaari Capital
See More
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
$2M
Series Name
:
SEED
Date
:
Jul 2016
Investors
:
1.
Nexus Venture Partners
AgriTech
FinTech
AgriTech
FinTech
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AgriTech
FinTech