India Digest: Jumbotail, Sprih raise funding; Malabar Investments eyes Sugar Cosmetics stake

Jumbotail, a B2B marketplace for food and grocery, has raised Rs 151 crore ($18.2 million), while Sprih, a carbon emissions management platform, has raised $3 million in a seed round. Separately, Malabar Investments is in talks with investors of Sugar Cosmetics to acquire a stake, according to media reports.