Company: Movile Investors: Nasper’s Prosus Ventures, Innova Capital Brazil Interview with: CEO Patrick Hruby Brazil-based internet holding Movile recently raised USD200m in follow-on financing from Prosus Ventures in August 2021 to expand…
Naspers
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SoftBank Leads a US$140m Investment in VTEX
22 November 2019SoftBank led a US$140m investment in VTEX, a Brazilian ecommerce SaaS platform, with participation from Gávea Investments and Constellation Asset Management. Riverwood Capital and Naspers invested previously. (TechCrunch) E-commerce now…
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Grupo Mosaico Receives Cade’s Approval to Acquire Buscapé from Naspers (em português)
16 August 2019Grupo Mosaico, parent company of ecommerce app Zoom, received regulatory approval to acquire Buscapé from Naspers (DCI) O Grupo Mosaico, dono do site de comparação de preços Zoom, recebeu aval…
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Naspers’ OLX Acquires Properati Brasil (em português)
23 January 2019OLX, a global classifieds marketplace backed by Naspers, acquired Properati Brasil. The new entity is called Casafy and is supported by a R$8m investment from European funds Telor, Morcote and others.…
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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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Cade approves Bradesco’s undisclosed investment in Brazil’s discount coupon company Cuponeria. The acquisition of the stake will be made by Bradesco’s 2bCapital via its InovaBra Investment Fund (FIP).
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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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State of the Industry: 2017 VC Deal Activity & Highlights
31 October 2017The entrance of major global investors into a string of recent early and expansion stage rounds in Latin America is contributing to record investment dollars in Latin American startups.
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Naspers and Innova Capital Invest US$53m in Movile
29 June 2017Naspers and Innova Capital invested a total of US$53m in Brazil-based mobile marketplace Movile. (Press Release) Movile, a leader in mobile marketplaces, announced today that Naspers and Innova Capital have…