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Jumbotail raises Rs 151 cr in equity; aims to end fiscal at Rs 2500 cr GMV

Jhina shared that Jumbotail is aiming to close the financial year 2024 at a GMV of 2,500 – 2,600 crore, with a 50 per cent increase in net revenues. In FY23, the B2B e-tailer’s revenue stood at Rs 819 crore with losses at Rs 264 crore.