Elike Receives Investment from Intel Capital

Elike, a Rio de Janeiro, Brazil-based social commerce platform, has received an equity investment from Intel Capital.

The amount of the transaction was not disclosed.

The company intends to use the capital to invest in innovation and technology and create new features and tools.

Founded in July 2011, Elike offers brands and retailers throughout Brazil with the Meu Shopping platform to manage stores with full control over the items displayed, promotions and inventory. It currently has over 70,000 users.
Elike is a portfolio company of Astor Capital.



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