Jumbo - About the company
Jumbo is a seed company based in Delhi (India), founded in 2023 by Parth Bhushan and Devansh Agarwal. It operates as an Online platform offering a shopping experience that rewards users with discounts and free games for their purchases. Jumbo has raised $1.56M in funding, with a current valuation of ₹*****. The company has 3 active competitors, including 2 that are funded. Its top competitors include companies like Bachat Baazi, SkillCoin Technologies and ZaiMo Live.
Company Details
Online platform offering a shopping experience that rewards users with discounts and free games for their purchases. It is building consumer tech products for India in ecommerce, digital gold and engagement programs.
- Website
- joinjumbo.com
- Social
- Email ID
- *****@joinjumbo.com
- Registered Address
- N138, LGF Panchsheel Park, Panchsheel Enclave, South Delhi, New Delhi, Delhi, India, 110017
Key Metrics
Founded Year
2023
Location
Delhi, India
Stage
Seed
Total Funding
$1.56M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 03, 2024
Investors
Ranked
1st among 3 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
63 as on Jul 31, 2026
Similar Companies
Legal entities associated with Jumbo
Jumbo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZUMBO INNOVATIONS PRIVATE LIMITED CIN: U62099DL2023PTC413258 , India, Active | Apr 27, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | 47 (As on Apr 01, 2026) |
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Jumbo's funding and investors
Jumbo has raised a total funding of $1.56M over 2 rounds. Its first funding round was on Aug 30, 2023. Its latest funding round was a Seed round on Sep 03, 2024 for $*****. 4 investors participated in its latest round. Jumbo has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Jumbo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 03, 2024 | 8142534 | Seed | 7948368 | 2656545 | 3141863 | 4433113 |
Aug 30, 2023 | 4176817 | Angel | 2403787 | 6603408 | 5687418 |
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Jumbo's founders and board of directors
Founder? Claim ProfileThe founders of Jumbo are Parth Bhushan and Devansh Agarwal.
Here are the details of Jumbo's key team members:
- Parth Bhushan: Co-Founder of Jumbo and founder of 2 other companies, Entrepreneur First and Parth Bhushan - Co-Founder.
- Devansh Agarwal: Co-Founder of Jumbo. Contact Info: 1 email address
View details of Jumbo's Founder profiles and Board Members
Jumbo's employee count trend
Jumbo has 63 employees as of Jul 26. Here is Jumbo's employee count trend over the years:
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Jumbo's Competitors and alternates
Top competitors of Jumbo include Bachat Baazi, SkillCoin Technologies and ZaiMo Live. Here is the list of Top 10 competitors of Jumbo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform offering a shopping experience that rewards users with discounts and free games for their purchases | $1.56M | 57/100 | ||
2nd |  Bachat Baazi 2020, Delhi (India), Seed | App-based platform offering game-based rewards and vouchers | $216K | - | 39/100 |
3rd |  SkillCoin Technologies 2021, India, Funding Raised | Online platform offering game-based rewards | - | 22/100 | |
4th |  ZaiMo Live 2020, Kochi (India), Deadpooled | App-based platform offering game-based rewards | - | - | 15/100 |
5th |  Flick Dealz 2021, Chennai (India), Deadpooled | Online platform offering rewards on task based | - | - | 15/100 |
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Jumbo's Latest cap tables and shareholding
Founders (largest shareholder) own 57.92%, Funds own 5.60%, Angels own 21.57% and Other People own 6.04%. The net worth of Jumbo's founders is INR 45.4Cr as of Sep 03, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 57.92% | 45.4Cr | 3887204 | 1736976 | 2746470 | 4587724 |
Fund | 5.60% | 4.39Cr | 20137 | 95567 | 79675 | 38740 |
769 | 941 | 429 | 660 | 246 | 734 | |
Angel | 21.57% | 16.9Cr | 3504610 | 9335738 | 3241357 | 8798563 |
8030393 | 9459074 | 9868998 | 9853558 | 4829778 | 8124452 | |
Other People | 6.04% | 4.73Cr | 231418 | 866422 | 820908 | 280472 |
ESOP Pool | 8.88% | 6.97Cr | 4120072 | 8740098 | 5122694 | 9148313 |
Total | 100.00% | 78.4Cr | 7357649 | 8974279 | 2854238 | 2363379 |
To unlock detailed Cap Table of Jumbo Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Jumbo's Shareholding
Jumbo's Investments and acquisitions
Jumbo has made no investments or acquisitions yet.
Reports related to Jumbo
Here is the latest report on Jumbo's sector:
News related to Jumbo
Media has covered Jumbo for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
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Jumbo Interactive Enters US with $36M Acquisition of Dream GiveawayGambling News•Oct 30, 2025•Dream Giveaway, Jumbo Interactive, Jumbo
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