Nutresa contributed to a $14.2m round that increased the grocery trading platform developer's overall funding to approximately $54m.
India-based online food marketplace Jumbotail has secured $14.2m in series B3 funding from investors including processed food producer Nutresa, TechCrunch has reported.
Venture capital group VII Ventures led the round, which also featured Veronorte, Nexus Venture Partners, Discovery Ventures, Jumbofund, Klinkert Investment Trust and Peter Crosby Trust.
Jumbotail provides a range of business-to-business services for local convenience stores widely known as Kiranas in India. It offers an online marketplace platform for groceries and food products, as well as payment and…
