Archive · 30 Jun 2025
Jumbotail Raises $120M, Acquires Solv, Expanding B2B E-Commerce
Imagine a company called Jumbotail that helps small shops and businesses buy and sell things online.
They just got a big boost of money, about $120 million, from a company called SC Ventures.
This money will help Jumbotail create smart computer tools that use AI.
Jumbotail also bought another company named Solv, which helps businesses.
Now, together, they help lots of small businesses across India, like shops selling food and clothes.
Their goal is to help these small businesses grow by providing them with technology and financial support.
They hope to change how business is done for these small businesses.
Jumbotail, a B2B e-commerce firm, secured $120 million in a funding round led by SC Ventures.
The company plans to invest in AI-native solutions and capabilities.
Jumbotail completed the acquisition of Solv India, a B2B commerce platform by SC Ventures.
Together, Jumbotail and Solv serve MSMEs and retailers in over 400 cities across India.
The combined platform aims to facilitate MSMEs' growth through technology and financial inclusion.
- Who
- Jumbotail, a B2B e-commerce firm, with SC Ventures as lead investor.
- What
- Jumbotail secured a $120 million funding round and completed the acquisition of Solv India.
- When
- The news was published on June 30, 2025.
- Where
- India.
- Why
- To invest in AI-native solutions and grow its platform.
- Funding Amount
- $120 million
- Lead Investor
- SC Ventures
- Acquisition
- Solv India
- Combined Reach
- Over 500,000 retailers across 400+ cities
- Target Audience
- Kiranas, MSMEs, and Brands