Jumbotail Joins Unicorn Ranks After $120M Funding Round
Jumbotail, a leading B2B marketplace, has secured $120 million in funding, catapulting it to unicorn status. The company, which helps thousands of brands and MSME sellers reach small retailers, plans to expand its workforce and services following its acquisition of Solv.
Jumbotail's recent funding round was led by SC Ventures, an early backer of Solv, which the company acquired in late March 2025. The acquisition, approved by the Competition Commission of India in May, has enabled Jumbotail to expand into credit and fintech services for SMEs.
The company, valued at around $900 million before this round, has grown its startup assistance to over 1,000 crore rupees in recent years. This growth is supported by investors including Tiger Global, Accel Partners, and Bessemer Venture Partners. With the fresh funds, Jumbotail aims to hire talent in category management, product and decision science, AI and ML, marketing, supply chain, and finance to support its expansion.
Jumbotail's acquisition of Solv and subsequent funding have positioned the company as a major player in India's B2B market. With plans to expand its workforce and services, Jumbotail is set to continue its growth trajectory, helping thousands of brands and MSME sellers reach over 500,000 small retailers across more than 400 cities and towns in India.
