Jumbotail is a B2B e-commerce platform that provides storefront deliveries to kirana stores, along with its fintech platform for payment, credit solutions and financial services.
Jumbotail provides full-stack services for kirana stores, including storefront delivery and payments collection for its sellers.
Jumbotail was founded in 2015 by Ashish Jhina and Karthik Venkateswaran. The company is headquartered in Bangalore, India.
Jumbotail offers a complete suite of go-to-market services for brands looking to reach the kirana market to shape both retailer and consumer demand. It runs an online B2B marketplace for groceries and food, which primarily caters to wholesale buyers.
Jumbotail also has an omnichannel retail brand J24, which integrates offline kirana stores and helps them sell both online and offline. J24 also has partnerships with hyperlocal delivery startups like Dunzo.
Jumbotail's platform has connected more than 10,000 FMCG and food staple brands and sellers to nearly 2.5 Lakh retailers across more than 50 cities. Jumbotail also provide payment solutions, and access to working capital credit from their lending partners to customers and sellers via its fintech platform.
Jumbotail is backed by Kalaari Capital, Invus, Nexus Ventures, Arkam Ventures, Alteria Capital, Ajax Capital, Innoven Capital, Artal Asia Pte, Heron Rock Fund, Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, and others. The company raised Rs 75 crore ($9.1M) in a debt financing on Mar 14, 2023. This brings Jumbotail's total funding to $149.2M to date.