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Stackbox to kick off Series A round at over $40 Mn valuation


Bengaluru-based logistics tech startup Stackbox is set to raise Rs 23.18 crore (around $2.63 million) from Enrission India Capital and White Whale Ventures in its Series A round.

The Stackbox’s board is set to approve the allotment of 1,005 Series A compulsory convertible preference shares at an issue price of Rs 2,30,713 apiece to raise the aforementioned sum, as per its regulatory filing from the Registrar of Companies (RoC).

The company has already received Rs 13.2 crore from Enrission India Capital, while funds from White Whale Ventures are…



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