Contact Information

160 Robinson Rd, #14-04
Sit Rd, SBF Center, Singapore 068914

Jumbotail, a B2B startup, has successfully raised US$18.2 million in an equity round. With this recent round, Jumbotail has raised a total of US$143 million.

  • Investors: The funding round saw participation from Artal Asia, Heron Rock, Sabre Investment, Arkam Ventures, and others.
  • Company Background: Founded in 2015 by Karthik Venkateswaran and Ashish Jhina, Jumbotail operates a marketplace that connects supermarkets and small grocery retailers with brands and staple producers.
  • Utilization of Funds: The fresh capital will be utilized to scale Jumbotail’s suite of go-to-market products and services, particularly focusing on helping new and emerging brands reach consumers.

According to Jhina, who also serves as COO of Jumbotail, the company aims to achieve full profitability on an operational basis across its entire network before the end of 2024.

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