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Jumbotail raises INR 35 Cr debt round from Alteria Capital

Shortpedia

Content Team
Image Credit: Inc42

Bengaluru-based online B2B marketplace for food and grocery, Jumbotail, has raised INR 35 Cr from Alteria Capital. This venture debt round comes after a $25 Mn equity ( Series B3) round concluded in January 2021. The company plans to use the funds to expand its operations across the entire country, fund its working capital requirements, and scale its SME focused fintech business.