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Jumbotail Becomes India’s Newest Unicorn with $120 Mn Funding

  • Bengaluru-based B2B ecommerce platform Jumbotail becomes India's newest unicorn after securing $120 million in a Series D funding round led by SC Ventures and Artal Asia.
  • Jumbotail's post-money valuation surpasses $1 billion with this funding, making it the fifth Indian startup in 2025 to achieve unicorn status.
  • The company, founded in 2015, focuses on groceries and food, connecting over 500,000 small retailers in 400+ Indian cities through a B2B marketplace.
  • Jumbotail's acquisition of Solv India, a B2B marketplace incubated by SC Ventures, allows it to expand into non-grocery categories and strengthen its B2B offerings, despite some concerns raised due to Solv's financial performance and leadership exit.

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