Bangalore, March 26, 2025 SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has agreed to the acquisition of its incubated venture, Solv India, by Jumbotail, one of India’s leading B2B marketplaces. The deal is subject to regulatory approvals..
Jumbotail and Solv India combined will become a strong, multi-category B2B ecommerce platform that supports the diverse commerce and fintech needs of India’s small retailers (kiranas), as well as micro, small and medium enterprise (MSME) entrepreneurs, helping them compete effectively in the modern age. Brands and manufacturers across categories benefit from efficient and scalable access to India’s middle-class consumers via these small retailers…