Overview

• The Series D round led by SC Ventures raised $120 million and brought Jumbotail’s total funding to $263 million.
• Post-investment valuation topped $1 billion, officially granting the B2B commerce startup unicorn status.
• Acquisition of Solv India, cleared by the Competition Commission of India, has been completed.
• Combined operations now serve more than 500,000 small retailers across over 400 Indian cities.
• New capital will be directed toward developing AI-native solutions to bolster the platform’s offerings.