Intel Capital has provided financing for Turkey-based social commerce startup Grupanya, a daily deals company.
Turkey-based social commerce firm Grupanya secured an undisclosed amount of funding from corporate venturing unit Intel Capital on Tuesday last week. In addition to financing, Intel has also pledged to provide technological and business support for Grupanya.
Arvind Sodhani, president of Intel Capital, said: "E-commerce and social commerce sites, customised to the cultural preferences and technology usage models of each particular region are now major drivers of business all over the world. Grupanya is paving the way for social commerce…