B2B ecommerce platform Jumbotail is acquiring rival B2B ecommerce marketplace Solv India for an undisclosed amount.

The new entity will enhance the accessibility of essential products for millions of small retailers while improving efficiency for brands and manufacturers targeting India's middle-class consumers.

Due to Jumbotail’s quick expansion and growing market dominance, its worth has skyrocketed from just $300 million in 2021 to over $1 billion today. Investors wishing to get into India’s enormous ...

The combined entity will be led by S. Karthik Venkateswaran and Ashish Jhina, Co-Founders of Jumbotail. Gautam Jain will join the board of Jumbotail, representing SC Ventures, the press statement said ...

Standard Chartered’s investment arm has agreed to sell its incubated venture, Solv India, to Jumbotail, a B2B marketplace. The acquisition, which is subject to regulatory approvals, will see Jumbotail ...

Jumbotail, a B2B ecommerce platform, is acquiring Solv India, an SC Ventures-incubated startup, for an unspecified sum. The combined entity will be a multi-category B2B ecommerce platform addressing ...

Jumbotail acquires Solv India to create a multi-category B2B ecommerce platform supporting India's small retailers and MSMEs.