Sapato.ru, a Russian online shoe retailer, this morning
announced that it has secured $12 million in additional capital from
Intel Capital, with existing investors Direct Group, eVenture Capital Partners and Kinnevik participating. The round brings Sapato.ru's total of funding to approximately $20 million. The investments will be used for expanding the assortment range, marketing and to improve customer service through enhancement of the startup's CRM platform.
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