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Profile picture of Ravi Tilekar

Ravi Tilekar

Active 15 hours, 10 minutes ago
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Viewing 10 posts - 1 through 10 (of 293 total)
1 2 … 30 →
  • India Pushes Back on Trump’s Tariff Threats | StartupsIndia on Energy, Trade & Resilience

    India Pushes Back on Trump’s Tariff Threats | StartupsIndia on Energy, Trade & Resilience

    August 6, 2025, 9:46 am

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  • Sarvam AI : introducing India’s Multilingual AI Revolution

    Sarvam AI : Introducing India’s Multilingual AI Revolution

    July 31, 2025, 6:53 pm

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  • Zithara.AI is transforming offline retail with AI-powered customer engagement.

    Zithara.AI is transforming offline retail with AI-powered customer engagement.

    July 31, 2025, 3:12 pm

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  • boAt Startup Story: How an Indian Brand Disrupted the Audio Industry

    boAt – From Noise to Market Leader

    July 17, 2025, 7:07 pm

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  • National Startup Awards 2025 – Apply Now & Win ₹10 Lakh | Startups India

    Are You the Next Big Thing? Apply Now for the National Startup Awards 2025!

    July 16, 2025, 10:39 am

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  • Could OpenAI’s New AI Browser Be the End of Google Chrome?

    Could OpenAI’s New AI Browser Be the End of Google Chrome?

    July 12, 2025, 2:44 pm

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  • Apollo Hospitals Gives Onco a Second Life: A Hopeful Turn for Cancer Care in India

    Apollo Hospitals Acquires Cancer Care Startup Onco

    July 10, 2025, 2:04 pm

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  • India’s bustling startup ecosystem just welcomed a new unicorn Jumbotail, a Bengaluru-based B2B marketplace transforming how small retailers, especially Kirana stores, procure groceries and essential products. With a recent ₹1,000 crore (~$120 million) funding round, Jumbotail is not only scaling rapidly but also redefining retail supply chains with tech-led innovation. In a country where over 12 million Kirana stores form the backbone of daily retail, Jumbotail’s mission is clear: to empower local retailers with tools, credit, and convenience previously available only to large-format retailers. The Growth Story: From Idea to Unicorn Founded in 2015 by Ashish Jhina and Karthik Venkateswaran—both former Stanford graduates and ex-army officers—Jumbotail emerged from a simple insight: small retailers face major supply chain challenges and lack access to reliable suppliers, credit, and digital tools. Their solution? A tech-powered wholesale marketplace that connects Kirana store owners directly to brands, manufacturers, and producers—cutting out multiple middlemen. Fast-forward to 2025, and Jumbotail is: Operating in 400+ towns and cities across India Serving 500,000+ retailers Running a robust last-mile logistics network Offering credit services through embedded fintech products Managing a growing private label portfolio The ₹1,000 Crore Funding That Changed the Game In June 2025, Jumbotail closed its largest funding round yet—raising over ₹1,000 crore in a mix of primary and secondary sales. The round was led by SC Ventures (Standard Chartered Bank’s innovation arm), with participation from Heron Rock, Arkam Ventures, Nexus Venture Partners, and other global investors. This funding also enabled Jumbotail to acquire Solv, a fintech platform backed by the Standard Chartered group, solidifying its push into the B2B embedded finance space. With Solv’s integration, Jumbotail can now offer more structured working capital, invoice financing, and digital credit products tailored to Kirana store owners. What Makes Jumbotail Different? 1. End-to-End Enablement Unlike traditional B2B platforms, Jumbotail isn’t just a seller—it builds the full stack: Mobile app for ordering AI-driven logistics Warehousing and delivery Working capital loans Digital storefronts for Kiranas 2. Inclusive Fintech Jumbotail’s embedded credit scoring model, built on transaction history and AI, helps unbanked retailers access short-term credit. This is a game-changer for India’s cash-driven retail economy. 3. Private Labels & Data Insights Their in-house product lines and deep consumer analytics give small retailers access to branded, high-margin products that compete with large chains. Impact on India’s Retail Landscape Jumbotail’s rise comes at a time when digitization in retail is no longer optional. As Reliance and Amazon eye the Kirana segment, Jumbotail offers an alternative model—empowering, not replacing, small stores. It combines grassroots-level impact with high-tech efficiency, solving real-world problems from supply gaps to credit access. Final Thoughts The Jumbotail startup success story is more than a funding milestone—it’s a story of how Indian startups can scale with purpose. By addressing the challenges of the country’s most underserved retailers, Jumbotail proves that real disruption happens not in the metros, but in the mom-and-pop shops of India’s heartland. As India continues to evolve into a digital-first economy, startups like Jumbotail will play a pivotal role in making that transformation inclusive, sustainable, and impactful.

    Jumbotail: The ₹1,000 Cr Kirana Revolution

    July 1, 2025, 4:57 pm

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  • TIME KRISHNA: THE WORLD’S 1ST DOCUDRAMA PLATFORM POWERED BY YAYEYE LAUNCHES SILENTLY

    TIME KRISHNA: THE WORLD’S 1ST DOCUDRAMA PLATFORM POWERED BY YAYEYE LAUNCHES SILENTLY

    June 26, 2025, 3:40 pm

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  • The Flipkart Success Story of Sachin and Binny Bansal

    From a Bengaluru Apartment to a Billion-Dollar Exit: The Flipkart Success Story of Sachin and Binny Bansal

    June 19, 2025, 11:46 am

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Viewing 10 posts - 1 through 10 (of 293 total)
1 2 … 30 →

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