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Posts Tagged ‘ LocalCube Commerce Pvt. Ltd. ’

Flipkart to launch offline stores to reach out to users in smaller cities

Friday, October 21, 2016 | More »

India’s largest e-commerce venture Flipkart is mulling over launching physical stores in smaller cities to attract more customers. Under its new project that it internally calls ‘assisted commerce’, Flipkart wants to cement its position as the preferred online retailer even in the remote citie...


E-commerce enabler StoreKing raises $16 mn from Axiata Digital

Bangalore-based StoreKing, an e-commerce startup that helps retailers to sell products in small towns, has secured $16 million from Malaysian telecom operator Axiata Group Berhad’s wholly owned unit Axiata Digital. This is Axiata Digital’s first investment in India, StoreKing said in a state...

8 June, 2016 | More »


Exclusive: 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 Techcircle.in. StoreKing’s existing inv...

28 May, 2015 | More »


Skype backer Mangrove Capital invests in e-com enabler StoreKing; to invest up to $250M in Indian e-com & telecom startups

Mangrove Capital Partners, a Luxembourg-based venture capital firm which has backed Skype and Nimbuzz, has invested in LocalCube Commerce Pvt Ltd, an e-com enabler for offline stores in small towns under the brand StoreKing, as per its website. Although the investment amount stands undisclosed, the ...

10 February, 2015 | More »