Jumbotail Becomes Unicorn With $120 Mn Funding Round

The company has raised $120 Mn funding from SC Ventures, with participation from Artal Asia

This round has pushed the valuation of the company above $1 Bn

Jumbotail has also completed the acquisition of Solv in an undisclosed financial deal

B2B ecommerce platform Jumbotail has raised $120 Mn (around INR 1,028 Cr) in its Series D round led by SC Ventures, the investment arm of Standard Chartered.

The funding round also saw participation from Artal Asia. While the startup didn’t disclose its valuation, as per…