India, June 30 -- B2B ecommerce platform Jumbotail has raised $120 Mn (around INR 1,028 Cr) in its Series D round led by SC Ventures, the investment arm of Standard Chartered.

The funding round also saw participation from Artal Asia. While the startup didn't disclose its valuation, as per reports, it joined the unicorn following the funding round.

While Moneycontrol reported that Jumbotail's valuation was $900 Mn prior to the funding round, Entrackr pegged its valuation at $950 Mn. Hence, after this fresh funding round, the startup's valuation crossed the $1 Bn mark. With this, Jumbotail has become the fifth Indian startup to enter the unicorn club in 2025, after Netradyne, Porter, Drools and Fireflies AI.

In its statement, Jumbotail a...