Jumbotail acquires Solv India to create a multi-category B2B ecommerce platform supporting India's small retailers and MSMEs.
Standard Chartered’s investment arm has agreed to sell its incubated venture, Solv India, to Jumbotail, a B2B marketplace.
B2B ecommerce platform Jumbotail is acquiring rival B2B ecommerce marketplace Solv India for an undisclosed amount.
The larger entity’s fresh valuation of around $900 million is a significant markup from Jumbotail’s valuation of around $300 ...
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 ...
B2B ecommerce player Jumbotail is set to acquire SC Ventures-incubated startup Solv India for an undisclosed amount.
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 ...
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 ...
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 ...