Malaysia-based group buying website Dealmates received an undisclosed amount of investment from Intel Capital on Thursday, subject to the completion of closing conditions. The investment marks the first significant outside funding obtained by Dealmates since it was founded in January.
Founded as a joint venture between Asia-based investment group Catcha and online marketing company Mind Valley Labs, Dealmates is one of a growing number of group buying websites offering their services in East Asia.
The company works as a middleman…
