Jumbotail Retail Services Private Limited logo

Jumbotail Retail Services Private Limited

Provides services and solutions for retail stores, hypermarkets, warehouses, and more.
2020 | Bangalore, Karnataka (India) | Active

Last Updated:

July 17, 2024
HomeCompanyJumbotail Retail Services Private Limited

Who are the key members and board of directors at Jumbotail Retail Services?

Board Members(2)

NameDesignationAppointment DateStatus
Ashish Jhina In Director 12-Jun-2020Current
Subramanian Venkateswaran In Director 12-Jun-2020Current

Financial Performance of Jumbotail Retail Services.

Jumbotail Retail Services Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1389.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28298.34%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
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Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
25810.94%
Profit or Loss
-1389.39%
Net Worth
-28298.34%
EBITDA
-414.58%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Jumbotail Retail Services?

Jumbotail Retail Services has a workforce of 0 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Jumbotail Retail Services

Recent activity within the organization

  • Annual General Meeting

    Jumbotail Retail Services Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Jumbotail Retail Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Ashish Jhina was appointed as a Director was appointed as a Director on 12 Jun 2020 & has been associated with this company since 4 years 6 months .

    12 Jun 2020

  • Director Appointment

    Subramanian Karthik Venkateswaran was appointed as a Director was appointed as a Director on 12 Jun 2020 & has been associated with this company since 4 years 6 months .

    12 Jun 2020

  • Company Incorporation

    Jumbotail Retail Services Private Limited was registered on 12 Jun 2020 with Roc Bangalore & aged 4 years 6 months as per MCA records.

    12 Jun 2020

Recent News, Updates & Announcement

  • news
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  • news
    [Funding Alert] Jumbotail Secures $18.2 Mn in Series C3 Round | VIESTORIES.

    In a Series C3 round led by Artal Asia Pte. Ltd., Sabre Investment, Arkam Ventures, Jarvis Reserve Fund, Reaction Global, VII Ventures, among others, Jumbotail, a B2B marketplace platform has secured Rs 151 crore ($18.2 million)..

    18 Mar 2024 Viestories

  • news
    B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers.

    Bengaluru, March 18 B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia.Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund, Reaction Global, VII Ventures and others also participated in the round.Jumbotail said it plans to invest funds in scaling its suite of go-to-market (GTM) products and services for new and emerging brands to reach mass-market consumers via its kirana store network.“Jumbotail is the fastest and capital efficient way for brands to access over 100 million urban middle-class consumers via the Kirana stores on its platform. We expect to be fully profitable on an operational basis across our entire network before the end of 2024,” said Ashish Jhina, Co-founder and COO, of Jumbotail.Jumbotail is building AI-driven technologies to drive higher customer wallet share by leveraging its deep sourcing capabilities across FMCG and staples, along with its kirana supply chain.With over 60 per cent market penetration of kiranas, Jumbotail said it has the highest wallet share and monthly purchase frequency of small and medium kirana stores in the industry.“Since Artal’s first investment in Jumbotail in 2021, Jumbotail has continued to demonstrate its differentiation and market leadership in the digital enablement of the kirana ecosystem,” said Benjamin Felt, Board Member of Jumbotail and Managing Director of Invus, the global advisor of Artal.An estimated 12 million kirana stores in the country control more than 95 per cent of the $600 billion food and grocery market.Jumbotail said it has raised a total of $143 million in equity to date, and $14 million in venture debt from leading firms Alteria Capital and Innoven Capital.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor.

    18 Mar 2024 Lokmat News

  • news
    B2B e-marketplace Jumbotail launches a pilot in Hyderabad.

    Will establish a presence in top 8-10 metros in two years thus covering the entire country.

    08 Aug 2019 DNA India

  • news
    Indian Startups Hustle to Digitize Small Stores, Jumbotail Secures $12.7M for Growth.

    Small Indian stores still offline, but startups hustlin' to change that. Jumbotail, an online grocery marketplace, just got $12.7M to grow. #digitize #hustle #Indianstores #startuplife.

    12 Jun 2019 TechCrunch

Frequently asked questions

  • Jumbotail Retail Services Private Limited was incorporated on 12 Jun 2020.

  • The authorized share capital of Jumbotail Retail Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Jumbotail Retail Services Private Limited.

    • Ashish Jhina
    • Subramanian Karthik Venkateswaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jumbotail Retail Services Private Limited is Eastland Citadel 6Th Floor No. 102 Hosur Road Madiwala Check Post, Bangalore, Karnataka, India, 560029.

  • The corporate identification number (CIN) of Jumbotail Retail Services Private Limited is U74999KA2020PTC134855 and the company number is 134855 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jumbotail Retail Services Private Limited is https://www.jumbotail.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jumbotail Retail Services Private Limited has experienced an downturn of -28298.34%.

  • The most recent Balance Sheet for Jumbotail Retail Services Private Limited was filed with the ROC on 31 Mar 2023.

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