GxLocal aims to strengthen its presence in cross-border e-commerce with the technology investment from Vanora Ventures. Founded by Timur Tandoğar, Co-Founder of Evidea, GxLocal offers end-to-end product and service solutions that enable exporting companies to reach global markets faster and more efficiently. The company supports brands to grow on a global scale by providing solutions to challenges such as international price parameters, customs procedures and regulations.

GxLocal

Timur Tandoğar, Founder of GxLocal, stated that the cooperation with Vanora Ventures is aimed at improving the technical infrastructure and expanding to global markets. 

Thanks to our collaboration with Venture Studio, we will bring our product to more marketplaces and aim for global growth. We believe that we will continue our success with this support.

Timur Tandoğar, Founder of GxLocal

Can Üzüm, Co-Founder of Vanora Ventures, stated that they are excited about this collaboration and think that this platform will have a great impact on the global market based on the past success of Timur Tandoğar, the founder of GxLocal. GxLocal currently serves the CIS region from Turkey. Thanks to the new investment with Vanora Ventures, it will continue to grow cross-border shopping independently and regionally in seller and buyer countries. GxLocal's biggest competitive advantage is its end-to-end service offering. GxLocal plans to launch new services for marketplaces and sellers in the near future and aims to create more impact in global markets.

Turgut Umeç, a member of the GxLocal Founding Team, stated that the technology investment received from Vanora Ventures will increase GxLocal's competitiveness on a global scale and make positive contributions to the future of e-export. GxLocal's revenue model is based on a percentage of revenue from sales and subscriptions. The company's main goal is to become country and channel independent in the next 3 years and accelerate growth on a global scale.