Canary and Caffeinated Capital invested USD6m in Mara, a Brazilian grocery shopping platform offering items at wholesale price to low income communities. Mara was founded by 99 co-founder Ariel Lambrecht.…
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SoftBank Latin America led a USD25m Series A for Trela, a Brazilian group food order aggregator for condos a la Groupon, with follow-on from KASZEK, General Catalyst and YC, and…
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Dataplor, a Brazilian startup crowdsourcing local retail market intelligence, raised an undisclosed seed round from Quest Venture Partners with participation from Magma Partners, ffVC, Sidekick Fund and the Blue Startups…
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SoftBank will invest US$1b in Colombian delivery app Rappi, split 50/50 between SoftBank’s Vision Fund and the new SoftBank Innovation Fund. Rappi is the first investment from the US$5b Innovation…
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South 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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Bozano Investimentos has acquired a stake in Brazilian health food retailer Oba Hortifruti for an undisclosed amount. (ISTOÉ DINHEIRO) A Bozano Investimentos acaba de fechar um grande negócio na área…
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KaszeK Ventures led a R$5m investment in Liv Up, a Brazilian frozen food delivery company. iFood founder Patrick Sigrist and Rapiddo CEO Guilherme Bonifácio invested previously. (Valor Econômico) A Liv…
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(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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(Baguete) Movile’s food delivery platform, iFood, acquired Devorando for an undisclosed amount expanding both businesses reach across Brazil. Movile’s iFood Acquires Devorando (em português) was last modified: July 26th, 2016…
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(Comunicados.co) Bogotá based grocery delivery platform Merqueo.com acquired its competitor Lulo, strengthening its position as the largest online supermarket. Velum Ventures’ Merqueo.com Acquired Online Delivery Platform Lulo (en español) was…
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