Intel Capital helps three e-commerce firms in Asia to scale up

Sun, Jun 9, 2013: Intel Capital, during the 3-day World Economic Forum held from June 5 in Myanmar, announced that it has invested about US$16 million (RM49.5 million) into three e-commerce firms in Asia.

The three firms are India’s BrightLifecare.com, a premier distributor of nutrition, health and wellness products; Snapdeal.com, a leading consumer goods marketplace in India; and existing portfolio company Singapore’s Reebonz.com, one of Asia’s largest private luxury goods retailers.

Author: VSDaily Editor

Share This Post On

Submit a Review

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>