The larger entity’s fresh valuation of around $900 million is a significant markup from Jumbotail’s valuation of around $300 ...
Jumbotail acquires Solv India to create a multi-category B2B ecommerce platform supporting India's small retailers and MSMEs.
Due to Jumbotail’s quick expansion and growing market dominance, its worth has skyrocketed from just $300 million in 2021 to over $1 billion today. Investors wishing to get into India’s enormous ...
The combined entity will be led by S. Karthik Venkateswaran and Ashish Jhina, Co-Founders of Jumbotail. Gautam Jain will join the board of Jumbotail, representing SC Ventures, the press statement said ...
The new entity will enhance the accessibility of essential products for millions of small retailers while improving efficiency for brands and manufacturers targeting India's middle-class consumers.
Solv CEO Amit Bansal objected to his termination, which he claims was wrongful, affecting his exit payout amid the ongoing Solv-Jumbotail merger. Alongside, Solv's CFO and other key executives have ...
Jumbotail, a B2B ecommerce platform, is acquiring Solv India, an SC Ventures-incubated startup, for an unspecified sum. The combined entity will be a multi-category B2B ecommerce platform addressing ...
Standard Chartered’s investment arm has agreed to sell its incubated venture, Solv India, to Jumbotail, a B2B marketplace. The acquisition, which is subject to regulatory approvals, will see Jumbotail ...
Founded in 2015 and headquartered in Bengaluru, Jumbotail is a B2B ecommerce platform. The company offers a wide range of food and grocery products for retailers with quality sourcing, supply ...
B2B ecommerce platform Jumbotail is acquiring rival B2B ecommerce marketplace Solv India for an undisclosed amount.
B2B ecommerce player Jumbotail is set to acquire SC Ventures-incubated startup Solv India for an undisclosed amount.
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