Venture Capital
Jumbotail will use the funds to triple its engineering, product, design, data science, category management, marketing, and finance teams. : Jumbotail, a leading new retail platform and B2B ecommerce marketplace for food and grocery products, has raised an $85 million in a Series C round led by Artal Asia Pte Ltd, an affiliate of Invus, a global equity investment firm with over $10 billion of capital under management. Ajax Capital, the family office of veteran FMCG entrepreneur Ajay Gupta, also participated in the round.

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