E-grocery startup ‘Jumbotail’ raises $14.2 Million in Series B funding round
It is in addition to the $11 Million the startup raised in October 2020
Jumbotail sources and sells staples, pulses to small mom-and-pop stores, kiranas and supermarkets
It serves more than 30,000 neighbourhood Kirana stores
And, has a fintech arm enabling payment and credit solutions for Kirana store owners
It aims to scale-up its B2B portfolio across new geographies in India
Overall funding raised by the startup stands at $54 Million