<ul data-eligibleForWebStory="true"><li>B2B marketplace Jumbotail has become India's newest unicorn startup after raising over Rs 1,000 crore ($120 million) in a funding round led by SC Ventures and Artal Asia.</li><li>Jumbotail's valuation was estimated to reach around $900 million before this funding round.</li><li>The funding round follows the startup's acquisition of Solv and the approval from the Competition Commission of India in May, allowing Jumbotail to extend its services tailored for India’s small and medium enterprises.</li><li>The combined Jumbotail and Solv platform will focus on empowering India's small retailers and MSMEs through a tech-driven B2B ecommerce ecosystem, with plans to expand its offerings and workforce.</li></ul>

B2B marketplace Jumbotail becomes India's newest unicorn startup after raising over Rs 1,000 crore

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