Grocery startup Jumbotail raises ₹55 crore led by Kalaari
Bengaluru-based startup Jumbotail, which is building an online marketplace for groceries, has raised ₹55 crore in a funding round led by Kalaari Capital with the participation of Nexus Venture Partners. The startup serves wholesale customers such as kirana stores, hotels, and cafés. Jumbotail was founded in November 2015 by Stanford alumni S. Karthik Venkateswaran and Ashish Jhina.