Jumbotail, a leading B2B marketplace for food and grocery, has announced the acquisition of Solv India, an SC Ventures-incubated platform specializing in digital commerce and supply chain finance for MSMEs. The deal positions Jumbotail as a comprehensive multi-category B2B e-commerce platform catering to India’s small retailers (kiranas) and micro, small, and medium enterprise (MSME) entrepreneurs.
The acquisition will enable Jumbotail to expand beyond its core food and grocery vertical, integrating Solv India’s strengths in apparel, home furnishings, footwear, and toys. By combining forces, the two platforms will provide brands and manufacturers with more efficient and scalable access to India’s vast middle-class consumer base through local retailers.
Founded in 2015, Jumbotail has built a full-stack B2B platform that modernizes kirana stores with tech-driven warehousing, last-mile delivery, and fintech solutions, including payments and credit services. Solv India, launched by SC Ventures in 2019, has been a key player in MSME digital commerce, offering financial and supply chain solutions to small businesses.
Following the merger, Jumbotail’s leadership team, including co-founders S. Karthik Venkateswaran and Ashish Jhina, will continue steering the company. SC Ventures’ Gautam Jain will join Jumbotail’s board, reinforcing the strategic alignment between the two entities.
With this acquisition, Jumbotail strengthens its position as a dominant force in India’s B2B e-commerce landscape, empowering small retailers and MSMEs with an integrated commerce and fintech ecosystem.