JumboBasket

Chandigarh, India Founded: 2015 • Age: 11 yrs
E-commerce returns are procured and resold to B2B traders.
Annual revenue $48,370 Latest available
Total funding $62,810 1 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About JumboBasket

JumboBasket is a company based in Chandigarh (India) founded in 2015. JumboBasket has raised $62.81 thousand across 1 funding round from investors including Sanjeev Baboota, Ajay Tewari and Anil Ahluwalia. JumboBasket operates in a competitive market with competitors including Flipkart, Myntra, Nykaa, IndiaMART and Moglix, among others.

  • Headquarter Chandigarh, India
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Jumbobasket Technologies Private Limited
  • Date of Incorporation 11 Aug, 2015
  • Jurisdiction Chandigarh, Chandigarh, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $48.37 K (USD)
    0
    as on Mar 31, 2016
  • Net Profit
    -$26.63 K (USD)
    0
    as on Mar 31, 2016
  • EBITDA
    -$25.67 K (USD)
    0
    as on Mar 31, 2016
  • Total Equity Funding
    $62.81 K (USD)

    in 1 rounds

  • Latest Funding Round
    $62.81 K (USD), Angel Round

    Jan 31, 2016

  • Investors

    & 5 more

  • Employee Count
    Not available
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Funding Insights of JumboBasket

JumboBasket has successfully raised a total of $62.81K through 1 strategic funding round. The most recent funding activity was a Angel Round of $62.81 thousand completed in January 2016. 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 JumboBasket

JumboBasket has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Sanjeev Baboota, Ajay Tewari and Anil Ahluwalia.

All
Angel
Investor Description Founded Year Domain Location

Sanjeev Baboota

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Locked Locked Locked

Ajay Tewari

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Locked Locked Locked

Anil Ahluwalia

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Investor details for JumboBasket

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Investments & Acquisitions by JumboBasket

Investments
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Investment portfolio details for JumboBasket

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Financial Statements - JumboBasket

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Detailed financials for JumboBasket

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Jumbobasket Comparisons

JumboBasket Primary company
Description
E-commerce returns are procured and resold to B2B traders.
Location
Chandigarh, India
Founded Year
2015
Annual Revenue
$48.37 K (USD)
Net Profit
-$26.63 K (USD)
EBITDA
-$25.67 K (USD)
Employees
Not available
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Peer comparison for JumboBasket

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Competitors of JumboBasket

JumboBasket 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 Flipkart, Myntra, Nykaa, IndiaMART and Moglix, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category consumer products are offered via an online marketplace platform.
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Fashion and lifestyle products are offered via an online marketplace.
Locked Locked Locked
Cosmetics, skincare, haircare, and wellness products are retailed online.
Locked Locked Locked
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
Locked Locked Locked
Multi-category products are supplied via a B2B marketplace platform.
Locked Locked Locked
Multi-category products are offered through an online marketplace.
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Detailed competitors of JumboBasket

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Latest news on Jumbobasket

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Complete news archive for JumboBasket

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Frequently Asked Questions about JumboBasket

JumboBasket was founded in 2015 and raised its 1st funding round 1 year after it was founded.

JumboBasket is headquartered in Chandigarh, India.

JumboBasket is a funded company, having raised a total of $62.81K across 1 funding round to date.

Annual revenue of JumboBasket is $48.37K as on Mar 31, 2016.

Founded in 2015 in Chandigarh, India, JumboBasket operates as a B2B marketplace for e-commerce returns. Returns are acquired through exclusive partnerships with major retailers and resold to traders. The platform enables registered partners to trade lots among themselves and sell directly to end consumers. By December 2015, 150-200 traders had been onboarded, and undisclosed angel funding was secured from Chandigarh Angels Network.

JumboBasket's top competitors include Flipkart, Nykaa and Myntra.

JumboBasket has 6 investors. Key investors include Sanjeev Baboota, Ajay Tewari, Anil Ahluwalia, Gurpreet Kaur, and Sameer Jain.

The valuation of JumboBasket is $822.34K as of Jan 2016.

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