B2B ecommerce platform Jumbotail is acquiring rival B2B ecommerce marketplace Solv India for an undisclosed amount.

Ashish is a professional farmer, having worked on his own farmland for a year before co-founding Jumbotail. An IIT Delhi alumnus, he worked for BCG after completing his MBA from Stanford University.

Jumbotail acquires Solv India to create a multi-category B2B ecommerce platform supporting India's small retailers and MSMEs.

B2B ecommerce player Jumbotail is set to acquire SC Ventures-incubated startup Solv India for an undisclosed amount.

“Jumbotail’s strength across the entire food and grocery value chain, and Solv India’s strength in apparel, home furnishing, footwear, and toys is a beneficial combination,” said Ashish Jhina, ...

The new entity will enhance the accessibility of essential products for millions of small retailers while improving efficiency for brands and manufacturers targeting India's middle-class consumers.

The combined entity will be led by S. Karthik Venkateswaran and Ashish Jhina, Co-Founders of Jumbotail. Gautam Jain will join the board of Jumbotail, representing SC Ventures, the press statement said ...