CinePapaya, the Startup of Peru’s Gary Urteaga, Raises US$2M from Movile (en español)

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(Pulso Social) Movile, the Brazilian internet conglomerate, is placing all bets on the Latin American consumer. After raising US$55m to finance their plan to “unify the electronic market by making the shopping experience easier and better for all,” Movile has just invested $US2m in CinePapaya, Peru’s mobile movie ticket vendor and start-up. Read more

Brazil’s Ouro Fino IPO Prices at Top of Range on Strong Demand

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(Reuters) Brazilian veterinary products maker Ouro Fino Saúde Animal Participações SA’s initial public offering priced at the top of the suggested price range on Friday, as investor demand for the nation’s first IPO of the year came in stronger than expected. Read more

Properati Receives New Round of Investments (em português)

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(Startupi) Properati, a platform with 400 thousand properties in Brazil and 130 million in Argentina, received a new investment round of R$5m from investment funds NEVEQ and NXTP. Read more

Enterprise Mobility and Big Data Invested to Innovate Agribusiness (em português)

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(Startupi) Strider, a startup dedicated to technological innovations in agribusiness and headquartered in Belo Horizonte, received an investment of R$5m from Barn Investimentos and launched a breakthrough technology for controlling pests. Read more

VC-backed Delivery Hero buys Subdelivery

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(PEHub) German online food ordering platform Delivery Hero has acquired Brazilian online delivery service Subdelivery. No financial terms were disclosed. Delivery Hero’s backers include Insight Venture Partners, Kite Ventures and Vostok Nafta. Read more

Baidu Buys Peixe Urbano (em português)

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(Startupi) Baidu announced the purchase of local commerce platform, Peixe Urbano, for an undisclosed amount. The acquisition is another step in an expansion of operations in Brazil for the company also known as the Chinese Google for being the biggest search engine in the country, even though it provides other services. Peixe Urbano has received Series A and B investments from Monashees, Tiger Global Management and General Atlantic. Read more

Vistaprint Buys US$25m Minority Stake In São Paulo-Based Printi

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(Tech Crunch) Global printing heavyweight Vistaprint has acquired a US$25m minority stake in Brazilian web-printing startup Printi. The purchase marks Vistaprint’s entry into Latin America, after assuming market leadership in the U.S., Europe and Asia. Read more

Trampos.co Receives Investment from Evolution (em português)

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(IDG Now) VC fund Evolution announced an investment in Trampos.co, an online platform that connects companies with open positions and candidates for employment. Read more

General Atlantic to Invest R$200m in Brazil’s first IPO of 2014

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(Estadão) American Fund, General Atlantic, has agreed to invest up to R$200m in São Paulo-based veterinary product manufacturer, Ourofino, who is preparing to hold the first IPO of 2014 at BM & FBovespa. Read more at Estadão Economy

Patria Investimentos Plans Investments of up to US$500m in Colombia (en español)

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(America Economia) Patria Investmentos, one of the biggest funds in Latin America, will begin operations in Colombia where it hopes to invest between US$300m and US$500m in the next three years in real estate, infrastructure and business sectors. Read more