Jumbotail, India’s leading B2B Marketplace and Retail platform announced its Expansion in multiple cities across India. Jumbotail has a national footprint with a presence across Key Consumption Markets and offers unique market-ready services for FMCG brands.
Jumbotail is investing in building world-class Supply Chain and Logistics infrastructure in Hubballi, Dharwad, Mysuru, Bengaluru, Belagavi, Chennai, Coimbatore, Salem, Vijayawada, Visakhapatnam, Hyderabad, Chandigarh & Punjab.
After successfully serving 30,000+ Kirana stores across the Bengaluru region, the company has expanded to 13 cities across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Punjab, Chandigarh, and nearly 50+ Tier 3/4 towns in Uttar Pradesh, Uttarakhand, Haryana, Bihar, Jharkhand, Punjab, Himachal Pradesh, Jammu, and Ladakh.
Jumbotail is also extending Fintech services for SMEs Lending to Kirana stores and sellers in these cities. The company is hiring across all Locations, Roles, and functions in Technology, Product, design, Decision science, Category management, Marketing, Supply chain planning, etc.
Ashish Jhina, COO & Co-founder of Jumbotail said that “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.
Jumbotail has 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”. Ashish Jhina added.
Aman Agrawal, President of Jumbotail Logistics said that “Jumbotail Logistics delivered over 45 million units of FMCG products during the April to June quarter, with a market-leading 75% Delivery NPS in spite of 50% lesser delivery time windows due to restrictions on retail shop operating hours.
Source: BW Disrupt