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Jumbotail, a business-to-business (B2B) marketplace for food and grocery products, on Monday said it has raised $120 million in a funding round led by Standard Chartered's investment arm SC Ventures. The latest fundraise, which also saw participation from existing investors including Artal Asia, brought Jumbotail's total capital raised to $263 million. Earlier this year, Jumbotail acquired Solv, an online B2B platform facilitating MSMEs to sell their products to retailers and other businesses, ...Read More >
In today's digital-first economy, businesses are increasingly adopting AI-driven strategies to stay competitive and engage with customers more effectively. Gartner reports that by 2026 over 80% of marketers will rely on AI tools for personalised content delivery, audience targeting, and performance analytics. While according to McKinsey & Company report of 2023, organisations utilising AI in their marketing efforts see up to a 30% increase in customer engagement. As businesses pivot towards more ...Read More >
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