"ifood"
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PROSUS VENTURES ACQUIRES 33.3% STAKE IN IFOOD FOR ~USD1.5B
31 August 2022(Businesswire (Prosus)) Prosus Ventures acquired a 33.3% stake in Brazil-based last-mile delivery platform iFood from Just Eat for ~USD1.5b in cash and an additional USD300m earnout. Prosus first invested in iFood through Movile in 2013.
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Continental Grain Company Invests in Peru-based Multifoods
2 November 2020Global investor Continental Grain Company (CGC) has closed an investment in Multifoods, a Peru-based contract-manufacturing firm supplier of shelf-stable food and beverage products serving grocery retailers and CPG companies. (Press…
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Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
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iFood Acquires Majority Stake in Domicilios
8 April 2020iFood completed a majority acquisition of Domicilios, which Delivery Hero acquired in 2014. iFood will own 51% of the JV with Delivery Hero. The transaction is undisclosed but one of…
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Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
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Naspers, Innova Capital, and parent company Movile invest US$500m in Brazil’s iFood. Current investors Naspers and Innova are injecting US$400m, while Movile is providing the additional US$100m. Movile’s contribution is coming from a US$124m investment announced by the same shareholders in July.
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Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
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On the heels of a US$124m fresh capital injection, iFood acquired Rapiddo for an undisclosed amount. Both companies are backed by Movile. iFood also acquired the Brazilian operations Pedidos Ya
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Movile raised a fresh US$124m round of financing for iFood, led by Naspers, with participation from Innova Capital. Last year, Movile raised US$82m for iFood and US$53m for Movile, also from Naspers and Innova Capital.
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Naspers & Innova Capital Invest US$82m in Movile to Expand iFood
7 December 2017South Africa-based media conglomerate Naspers and private equity firm Innova Capital made a US$82m investment in Movile to increase the company’s stake in iFood. (TechCrunch) To hear Naspers and the…
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Movile and Just Eat injected another US$30m into iFood, the leading online food ordering platform in Latin America, just a year after a US$50m Series E. The funds will be used to expand its operations and establish a presence in Mexico by acquiring a portion of SinDelantal. Movile, in turn, raised a US$40m Series F last month from Naspers and Innova Capital.
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SpoonRocket Finds a Home with Brazil-based iFood
16 March 2016(TechCrunch) Brazil-based iFood, a food delivery platform looking to dominate the on-demand economy in Latin America, has bought the on-demand food delivery startup SpoonRocket. Terms of the deal were not…
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Movile’s iFood Acquires Devorando (em português)
12 February 2016(Baguete) Movile’s food delivery platform, iFood, acquired Devorando for an undisclosed amount expanding both businesses reach across Brazil.
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(Tech Crunch) Latin American mobile commerce powerhouse Movile and Just Eat, the global online take-out service, have announced a US$50m investment in Brazil’s leading food delivery service, iFood. The raise…
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Breakout Brazilian Food Delivery Service iFood Acquires Papa Rango and Alakarte To Expand Across Brazil
23 October 2014(Webwire) iFood is announcing the acquisition of Papa Rango and Alakarte , two competitors in Brazil’s fierce market for food deliver y services. With these acqu isitions, iFood brings eighteen…
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(Dealbook) Just Eat, the British online food-ordering giant that has been expanding globally, has decided to join the competition in Brazil rather than continue fighting it.
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(Startupi) Warehouse Investments, a venture capital fund created 3 years ago, made its first exit by selling its entire stake in iFood to Movile. According to Moises Herszenhorn, CEO of…
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Movile Invests $2.6m in Brazilian Delivery Startup iFood
6 February 2013(TechCrunch) In the U.S., when we’re hungry and feeling lazy and don’t want to cook, we’ve got GrubHub and Seamless to order food from online and on mobile apps, and…
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Tiger Global Leads USD61m Series B for Brazil’s Nomad
22 August 2023Tiger Global led a USD61m Series B for Nomad, a Brazil-based fintech offering US checking accounts for Brazilian residents, with follow-on from monashees, Stripes, Spark Capital, Propel Ventures, Globo Ventures…
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Deal Case Highlight Valor Capital Group | Dolado
26 October 2022READ the latest deal case featuring Valor Capital Group’s investment in e-commerce solutions provider Dolado.
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Deal Case Highlight Valor Capital Group | Dolado
29 September 2022Member Investor: Valor Capital Group Company: DoladoIndustry-Sector: E-commerce Solutions READ the latest deal case featuring Valor Capital Group‘s investment in e-commerce solutions provider Dolado OPPORTUNITY Since the 1891 constitution was established,…
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Chromo Invest, Canary, Others Invest BRL9m in Brazil’s Civi; Canary Leads USD1.1m in Pre-seed Round for Mexico’s Bendo
27 September 2022(Pipeline | LatamList) Chromo Invest led a BRL9m (~USD1.7m) round for Civi, a Brazil-based hyperlocal security news platform, with participation from Canary and angels David Velez (Nubank) and Guilherme Bonifácio…
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Deal Case Highlight Valor Capital Group | Dolado
26 September 2022Member Investor: Valor Capital GroupCompany: DoladoIndustry-Sector: E-commerce Solutions READ the latest deal case featuring Valor Capital Group‘s investment in e-commerce solutions provider Dolado OPPORTUNITY Valor Capital first met Guilherme Freire in…
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Deal Case Highlight Valor Capital Group | Dolado
23 September 2022Member Investor: Crescera Capital Company: Grupo Zelo Industry-Sector: Consumer Services READ the latest deal case featuring Valor Capital Group‘s investment in e-commerce solutions provider Dolado. OPPORTUNITY Valor Capital first met Guilherme…
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NY-based growth equity firm Stripes led a USD32m Series A+ for Nomad, a Brazilian fintech offering US checking accounts for Brazilian residents, with participation from monashees, Spark Capital, Proporel Ventures,…
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NY-based PE Lightsmith Group led a USD60m round for Solinftec, a Brazil- and US-based farm analytics and operations management platform, with follow-on from Unbox Capital and Circularis Partners. Unbox Capital…
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San Francisco-based Altos Ventures led a USD16.7m Series A for Galena, a Brazilian professional upskilling platform for public school graduates, with participation from Owl Ventures, Globo Ventures, Reaction and Exor,…
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Valor Capital Group Leads USD10m Series A for Brazilian Inventory and Sales Management Platform Dolado
6 April 2022Valor Capital Group led a USD10m Series A for Dolado, a Brazilian inventory and digital sales management platform for SMEs in city peripheries, with participation from IDB Lab, Flourish Ventures,…
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Blue Like an Orange invested USD10m in Tembici, a Brazilian micro-mobility platform focused on bikes with operations in Chile and Argentina. Crescera Capital led a USD80m Series C in October…