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

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