The Bangalore based firm Jumbotail Technolgies Private Limited who well known as the sellers of Food and Grocery in online marketplace has decided to enhance their service capabilities according to their consumers need with the implementing the cutting edge technologies in their business process.
As the nation is experiencing significant growth in the ecommerce industry, in recent times the ecommerce firms are showing their interest on expanding their services. Following that, the online marketplace for Food and Grocery Jumbotail has join hands with the Kallari capital and nexus venture partners and successfully managed to raise $8.5 million.
The Vision of the Jumbotail Founder S. Karthik Venkateswaran
With the collected funds by partnering will be utilized and organized food and grocery ecosystem in the nation with the cutting edge technology. As far as the data released in the company’s statement, firm is about to launch a separate mobile app which is mainly intended to provide better service to their consumers by listing their branded products. The mobile app of the online food and grocery marketplace provider Jumbotail is about to come with 4 official languages (English, Hindi, Kannada and Malayalam)
By launching the unique mobile based application, the firm plans to get in touch with their customers and retailers directly. Moreover, the mobile application will be used for expansion of the network without any investment investments.
Mr. Bala Srinivasa one of the partner of the Kalaari Capital conveyed that about the online marketplace Jumbotail offers innovative tech-centric platform for the addressing the massive inefficient products, distribution, stock details and pricings. Similarly, the long time partner of Jumbotail, Nexus expressed as the Jumbotail is about to go big with the innovative principles and better approach on facing challenges in the ecommerce platform of India.