B2B Marketplace Company : Jumbo Tail

Ashish Jhina and Karthik Venkateswaran founded Jumbotail in 2015 to revolutionize the way food and grocery are bought and sold in India

Image Source - Instagram/ linkedin

Jhina is the COO and has a background in agriculture and business. Venkateswaran is the CEO and has a background in engineering and business

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Jumbotail has raised over $200 million in funding from investors such as Sequoia Capital, Tiger Global Management, and Lightspeed Venture Partners

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The company has over 250,000 mom-and-pop stores (“kiranas”) as its customers across 50+ cities in India

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Jumbotail is one of the leading B2B grocery platforms in India

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The Indian grocery market is worth over $100 billion

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The market is growing at a rate of 20% per year

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Jumbotail has a 5% market share in the Indian grocery market

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The company has a strong customer base and a positive reputation

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