About Jumbo
Jumbo is a company founded in 2023 by Parth Bhushan and Devansh Agarwal. It operates as a Freemium. Jumbo has raised $1.56 million across 2 funding rounds from investors including 2am VC, Gokul Rajaram and Belltower Fund Group. Jumbo offers products and services including Jumbo Shopping App. Jumbo operates in a competitive market with competitors including MPL, Zupee, Baazi Games, Ability Games and Tamasha, among others.
- Founders Parth Bhushan, Devansh Agarwal
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Zumbo Innovations Private Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.56 M (USD)
in 2 rounds
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Latest Funding Round
$1.05 M (USD), Seed
Sep 03, 2024
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Investors
2am VC
& 3 more
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Employee Count
Not available
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Products & Services of Jumbo
Jumbo offers a comprehensive portfolio of products and services, including Jumbo Shopping App.
A shopping app offering rewards and games.
Funding Insights of Jumbo
Jumbo has successfully raised a total of $1.56M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.05 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Jumbo
Jumbo has secured backing from 4 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include 2am VC, Gokul Rajaram and Belltower Fund Group.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture funding for sector-agnostic startups in India.
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Locked | Locked | Locked | |
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Limited information is available on core activities.
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Locked | Locked | Locked | |
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GR
Gokul Rajaram |
Angel investor, product leader at DoorDash, ex-Google, Square
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Locked | Locked | Locked |
Investor details for Jumbo
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Investments & Acquisitions by Jumbo
Investment portfolio details for Jumbo
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Financial Statements - Jumbo
Detailed financials for Jumbo
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Jumbo Comparisons
Peer comparison for Jumbo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Jumbo
Jumbo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MPL, Zupee, Baazi Games, Ability Games and Tamasha, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Real money skill-based gaming is facilitated through an online platform.
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| Locked | Locked | Locked |
Operator of an online platform providing free-to-play digital versions of games
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| Locked | Locked | Locked |
Provider of online platforms for poker, sports gaming, and card games
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| Locked | Locked | Locked |
Casino gaming platforms are developed for browser-based devices.
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| Locked | Locked | Locked |
Developer of social platforms facilitating interactive contests, audio experiences, and connections
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| Locked | Locked | Locked |
Online platform for the players to play and earn in-game rewards
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Detailed competitors of Jumbo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Jumbo
Complete news archive for Jumbo
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Frequently Asked Questions about Jumbo
Jumbo was founded in 2023.
Jumbo is a funded company, having raised a total of $1.56M across 2 funding rounds to date.
A mobile application is offered by Jumbo for online shopping, where users are rewarded for purchases and can engage in free games to win prizes. The app is positioned in the e-commerce sector, focusing on enhancing user engagement through gamification and incentives.
Jumbo's top competitors include MPL, Zupee and Baazi Games.
Jumbo offers Jumbo Shopping App.
Jumbo has 4 investors. Key investors include 2am VC, Gokul Rajaram, Belltower Fund Group, and Abhishek Goyal.
The valuation of Jumbo is $9.34M as of Sep 2024.