StackBox gets $1.2-million funding from Ecosystem Ventures, others

New Delhi: StackBox, a logistics technology startup, has raised $1.2 million (about Rs 8.9 crore) in a funding round led by Ecosystem Ventures alongwith participation of LetsVenture and existing investors.

The Bengaluru-based company, which has previously raised $5 million, will use the fresh capital to set up more fulfilment centres to service customers in different geographies, and for developing its technology.