<ul><li>B2B ecommerce player Jumbotail is set to acquire Solv India for an undisclosed amount.</li><li>Jumbotail and Solv India will merge to become a multi-category B2B ecommerce platform serving kiranas and MSME firms.</li><li>The combined entity will be led by Jumbotail co-founders and will have Gautam Jain from Solv India joining the board of Jumbotail.</li><li>The transaction is valued at around $50 million and is expected to be a mix of cash and equity.</li></ul>

B2B marketplace Jumbotail to acquire SC Ventures-incubated Solv India

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