Jumbotail raises $14.2 million, completing its $25 million fund raise2 min read . Updated: 08 Jan 2021, 09:15 PM IST
- The Bengaluru-based startup sources and sells products such as staples, pulses and other fast moving consumer goods to small mom-and-pop stores, kiranas, and supermarkets
Jumbotail, an online wholesale marketplace for food and grocery products, has raised $14.2 million in its latest round of funding. This round comes in quick succession after a $11 million Series B2 round raised in October 2020, thus completing its $25 million fund raise. This round was led by VII Ventures, with participation from Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, Peter Crosby Trust, Nexus Venture Partners, Discovery Ventures, and a group of high net-worth individuals and industry leaders.
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