Jumbotail

13 statements across 2 episodes · 10 bullish · 0 bearish · 3 people on the record · first statement Apr 14, 2021 by Karthik Venkateswaran · said 43 times in 4 episodes since 2020 · across every show →

Mentions by year

brought up most by Siddhartha Ahluwalia (21), Bala Srinivasa (6), Ashish Jhina (6), Karthik Venkateswaran (3), Sameer Brij Verma (2), Mark Kahn (1)

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Everything said about Jumbotail, oldest first

Apr 14, 2021
Assertion Not checkable as stated
Jumbotail has over 50,000 retailers on its platform
“We are having over you know, 50,000 retailers on our platform”
Karthik Venkateswaran Apr 14, 2021 ▶ 23:42 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Assertion Not checkable as stated
Jhina: 100% of Jumbotail orders are placed directly via its app
“We don't have a large sales force on the ground. In fact, you know a hundred percent of our orders actually come, come through the app with the retailers going and, you know, ordering themselves.”
Ashish Jhina Apr 14, 2021 ▶ 20:26 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 bullish
Prediction Didn’t hold up
Jhina: Jumbotail will build a $7B-$10B business in five years
“And now we're, you know, looking at expanding, you know, three, four X you know, over this year and over the next five years building a, you know, seven to ten billion dollar business because of the fact that, you know, the model is replicable.”
Ashish Jhina Apr 14, 2021 ▶ 21:49 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Assertion Not checkable as stated
Jhina: Jumbotail's customer acquisition cost is under $2
“CAC is, you know, less than two dollars. We are operationally profitable, so, you know, we don't end up spending a lot of capital.”
Ashish Jhina Apr 14, 2021 ▶ 22:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Insight
Jhina: Agri supply chain issues are best solved working backwards from demand
“Karthik's a lot smarter than I am. He figured out very early on that, you know, starting on the supply side is probably not a great idea. I went around, you know, I tried a lot of different things in that year and a half, you know, looked at food processing, s…”
Ashish Jhina Apr 14, 2021 ▶ 7:18 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Insight
Venkateswaran: Engineers must build for underlying utility rather than specific use cases
“Build for utility, not for use case. Right? So break down the use case into underlying utilities and build for those utilities, then that can be mixed and matched, right?”
Karthik Venkateswaran Apr 14, 2021 ▶ 12:45 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 neutral
Disclosure
Jhina: Jumbotail has raised $54M total, including $25M recently
“You know, with the, we, you know, we've companies raised about fifty four million dollars over the history of this company. 25 of that has come over the last you know, three months.”
Ashish Jhina Apr 14, 2021 ▶ 21:34 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 bullish
Prediction Didn’t hold up
Jumbotail expects to surpass $250M scale by end of 2021
“We will be, by end of this year we would well cross two fifty million dollars scale”
Karthik Venkateswaran Apr 14, 2021 ▶ 24:13 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Assertion Not checkable as stated
Venkateswaran: Jumbotail is operationally profitable in wholesale food and grocery
“Today, one of the, we operate under the lowest cost supply chains in the world. I would say that for food and grocery, we are an operationally profitable company for a wholesale food and grocery with such low gross margin profiles.”
Karthik Venkateswaran Apr 14, 2021 ▶ 13:53 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021
Disclosure
Jumbotail raised seed funding without a pitch deck or financial model
“And we raised this money without even having a, You know, having a PowerPoint presentation or a model. I mean, it was just, you know, on the back of a conviction about, you know, a business in the way that we believe that it was.”
Ashish Jhina Apr 14, 2021 ▶ 27:58 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Insight
Ashish Jhina: Competitors educating Kiranas makes market share capture easier for Jumbotail
“Wherever other platforms have done that job, it's actually easier for us to go and, ah, you know, actually take on, ah, you know, more share, ah, because we've, you know, somebody else has done the hard job of actually educating the retailer and, you know, get…”
Ashish Jhina Apr 14, 2021 ▶ 25:40 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Apr 14, 2021 positive
Assertion Not checkable as stated
Jhina: Jumbotail processes over 1M deliveries annually
“It throughputs, you know, more than a million deliveries every year and all without you know, all, all based on an in-house platform that we've built today that allows when we start a new city, we can do it in the order of a few weeks, right?”
Ashish Jhina Apr 14, 2021 ▶ 23:01 Inside the mind of Jumbotail Founders, Ashish Jhina & Karthik Venkateswaran | 100x Entrepreneur
Aug 30, 2022 positive
Assertion Supported
Srinivasa: Jumbotail reaches 50 cities and up to 200k Kirana stores
“Today, Jumbotail is in 50 cities, they've got 50,000, 200,000 Kirana stores on their platform, and they've done a lot, right?”
Bala Srinivasa Aug 30, 2022 ▶ 40:07 The Framework to Build Category Creators in India ft Bala Srinivasa,Managing Director-Arkam Ventures
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