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B2B Marketplace Jumbotail To Acquire Solv India
- B2B ecommerce platform Jumbotail is acquiring rival marketplace Solv India.
- The deal will be subject to regulatory approvals and is estimated to be around $50 Mn.
- The acquisition will strengthen Jumbotail's position in the B2B marketplace space and expand its capabilities in several segments.
- Jumbotail raised $18.3 Mn in its Series C3 funding round and has raised a total of $165 Mn in funding to date.
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