<ul><li>Jumbotail has acquired Solv India in a landmark deal to form a leading B2B ecommerce powerhouse.</li><li>The acquisition is valued at approximately $50 million in a mix of cash and equity.</li><li>The combined entity aims to create one of India's largest horizontal multi-category B2B ecommerce platforms.</li><li>Jumbotail plans to leverage Solv India's capabilities to expand its product offerings beyond groceries and food.</li></ul>

Jumbotail Acquires Solv India in a Landmark Deal to Form a Leading B2B Ecommerce Powerhouse

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