Toy startup Jammbo launches new e-commerce marketplace

Bootstrapped toy startup Jammbo has launched a new e-commerce B2B marketplace, Jammbomart (Jammbomart.com), to streamline bulk orders for distributors and retailers across India. With the Indian toy market projected to reach $4.4 billion by 2032, Jammbo aims to capitalize on this growth through Jammbomart, which connects over 200 retailers across 23 states and 93 cities. The platform offers a Minimum Order Quantity of ₹50,000 and up to ₹10 lakh in credit with a 30-day period. Co-Founder and CEO Manasvi Singh described the platform as a future-focused solution for the toy market, while Co-Founder & CMO Anirban Chatterjee highlighted incentives like international trips for top retailers. Jammbo targets ₹150 crore in revenue for 2024, with Jammbomart contributing ₹100 crore.