Markafoni operates as Turkey’s first and leading private shopping club, serving more than 870,000 members and employing 122 people. The site competes with players such as Germany-based limango and local entrants TrendYol.com and Bedava.com. Markafoni also runs operations in Australia under the BrandsExclusive name. The company is pursuing further international expansion, planning to enter Greece, Ukraine and South Korea by the end of 2010. Management intends to use new funding to support that global growth.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2010