Sunday, 9 June 2013
Deal Alert: Intel invests $16-M across SnapDeal, Bright Lifecare, Singapore’s Reebonz
Posted on 21:08 by Unknown
Intel Capital has made three investments totaling $16 million in Asia’s e-commerce segment. These include Delhi-based SnapDeal, owned by Jasper Infotech, Gurgaon-based Bright Lifecare and Singapore-based Reebonz.com. The funds will be used by the three companies to scale up their operations and extend their businesses in Asia.
The investment in SnapDeal is part of the $50 million Series D
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