B2B food and grocery marketplace Jumbotail raises $85 Mn in Series C funding
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B2B food and grocery marketplace Jumbotail has raised $85 Mn in a Series C funding round led by Artal Asia, an affiliate of global equity investment firm Invus. Ajax Capital also participated in the round that gave partial exits to early investors Nexus Venture Partners and Kalaari Capital. Jumbotail runs an online B2B marketplace for food and groceries primarily catering to wholesale buyers.