StoreKing, a rural e-commerce enabler that partners with small town kirana and retail stores to offer digital services, has scored a fresh round of $3 million from Silver Cap Limited. Out of this, only $1.98 million has been received so far, with $1.02 yet to come.
With this round, firm’s post-money valuation has reached $100-110 million. It’s unsure if more tranches are coming in. Last, StoreKing had raised $16 million from Axiata Digital in 2016. (Source)