Entreprenuernewsnetwork

Jumbotail raises Rs 75 crore in debt led by Alteria Capital and Innoven

March 14, 2023 by Entreprenuernewsnetwork

Jumbotail, a B2B marketplace business based in Bangalore, has secured debt financing of Rs 75 crore from Alteria Capital and Innoven Capital. The business intends to use the money in developing deep sourcing skills and AI-driven technologies to increase client wallet share, boost net sales by 100%, and reach operational profitability in the following 12 … Read more

Jumbotail raises $85 Mn in Series C funding

December 21, 2021 by Entreprenuernewsnetwork

Jumbotail, a B2B marketplace, has secured $85 million in a Series C round headed by Artal Asia Pte. Ltd. and Ajax Capital. Early investors Nexus Venture Partners and Kalaari Capital took minor part-exits in the secondary, making the round a mix of main and secondary investments. Until now, the company has raised a total of … Read more