Jumbotail Raises $120 Million to Revolutionize India's Kirana Retail Ecosystem

Jumbotail, India's leading B2B marketplace and New Retail platform, is thrilled to announce a remarkable funding milestone of INR 120,000,000, fueling the next phase of our ambitious journey. At the core of our ecosystem are four in-house, proprietary platforms—a robust B2B online marketplace, an integrated supply chain and logistics network, a fintech solution for SME lending, and our state-of-the-art retail platform that powers the J24 branded convenience grocery stores. This funding round is a testament to our vision: to organise India's food and grocery ecosystem by harnessing the power of technology, data science, and innovative design. With these significant funds, our mission is to transform thousands of traditional kirana stores into modern, J24 branded convenience outlets that resonate with the evolving needs of the modern consumer. By leveraging cutting-edge tools like the GoldenEye retail technology, data-driven insights for product selection and merchandising, integrated supply chains for daily store fulfilments, and a comprehensive Greencard loyalty program, we are building a solution that not only enhances efficiency but also offers a sustainable model for kirana entrepreneurs. This capital injection will accelerate our development of next-generation e-commerce, supply chain, demand generation, and credit technology platforms, unlocking opportunities to scale our operations exponentially. With a passionate team driven by purpose, every member is geared towards impacting real lives and delivering lasting positive change for the next billion people in India. As we chart this exciting new chapter, we invite innovators, entrepreneurs, and visionaries alike to join us in redefining the food and grocery landscape and making a meaningful impact on an industry with hundreds of billions of dollars in potential.