Jumbotail, India’s leading B2B marketplace and New Retail platform, today announced its services in multiple new geographies in India as part of its expansion plan.
After successfully serving 30,000+ kiranas across the Bengaluru region, the company has expanded to 13 cities across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Punjab, Chandigarh, and nearly 50+ Tier III/IV towns in Uttar Pradesh, Uttarakhand, Haryana, Bihar, Jharkhand, Punjab, Himachal Pradesh, Jammu, and Ladakh.
Jumbotail now has a national footprint with a presence across key consumption markets and offers a unique bouquet of Go-To-Market services for FMCG brands.
Jumbotail is investing in building world-class supply chain and logistics infrastructure for B2B eCommerce grocery in Chennai, Coimbatore, Salem, Vijayawada, Visakhapatnam, Hubballi-Dharwad, Belagavi, Hyderabad, Mysuru, Bengaluru, Chandigarh & Punjab.
Jumbotail is also extending fintech services for SMEs Lending to Kirana stores and sellers in these geographies. To fuel its scaling ambitions, the company is hiring across all locations, roles, and functions in technology, product, design, decision science, category management, marketing, supply chain planning, and design, and HR and people experience.
Ashish Jhina, COO & Co-founder of Jumbotail commented on the expansion saying, “We are building the future of grocery retail in India, bringing together brands and channel partners via our platform, using a highly scalable and low capex business model to create a pan-India distribution reach to millions of Kirana stores. We are seeing a huge lineup of brands to onboard on our platform. We are rapidly expanding to reach 200,000 Kirana outlets in 100+ Tier III and Tier IV towns”.
He added, “We have nearly doubled our FMCG business over the past 4-5 months. Covid has changed retailer behaviors permanently and Jumbotail’s technology-powered model is scaling at an unprecedented pace. We are seeing 50-100% growth in the number of retailers buying categories like Biscuits & Snacks, Health Drinks, Tea & Coffee, Soaps, and Home Care on the Jumbotail platform indicating a higher consumption from local Kirana shops during lockdowns. The superfast adoption of eCommerce by kirana retailers all across the country is a testament to the strong network effects of our business and the scalability of our supply chains.”
Source – BW Disrupt