B'luru wholesale grocery startup Jumbotail raises ₹14.2 cr

Jumbotail, an online food and grocery marketplace for wholesale buyers, has raised ₹14.2 crore from its existing investor Nexus Venture Partners, as per the filings accessed by Inc42. The Bengaluru-based startup had posted consolidated revenue of ₹224.5 crore and a loss of ₹66.27 crore in 2018-19. Jumbotail was co-founded in 2015 by Karthik Venkateswaran and Ashish Jhina.

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