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Assisted e-commerce firm for rural consumers StoreKing in talks to raise $40M

Assisted e-commerce firm for rural consumers StoreKing in talks to raise $40M

28 May 2015

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Assisted e-commerce firm for rural consumers StoreKing in talks to raise $40M

LocalCube Commerce Pvt Ltd, which runs an assisted e-commerce platform under the StoreKing brand for rural customers to shop, is in talks to raise $40 million (Rs 255 crore) from a set of venture capital and private equity firms, a top company executive told VCCircle.StoreKing’s existing investor, Luxembourg-headquartered venture capital ......