Jumbotail Becomes Unicorn With $120 Mn Funding Round

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SUMMARY

The company has raised $120 Mn funding from SC Ventures, with participation from Artal Asia

This round has pushed the valuation of the company above $1 Bn

Jumbotail has also completed the acquisition of Solv in an undisclosed financial deal

B2B ecommerce platform Jumbotail has raised $120 Mn (around INR 1,028 Cr) in its Series D round led by SC Ventures, the investment arm of Standard Chartered.

The funding round also saw participation from Artal Asia. While the startup didn’t disclose its valuation, as per…



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Jumbotail Becomes Unicorn With $120 Mn Funding Round


SUMMARY

The company has raised $120 Mn funding from SC Ventures, with participation from Artal Asia

This round has pushed the valuation of the company above $1 Bn

Jumbotail has also completed the acquisition of Solv in an undisclosed financial deal

B2B ecommerce platform Jumbotail has raised $120 Mn (around INR 1,028 Cr) in its Series D round led by SC Ventures, the investment arm of Standard Chartered.

The funding round also saw participation from Artal Asia. While the startup didn’t disclose its valuation, as per…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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