Movile Invests US$15m in Apontador, The Leading Local Business Reviews and Search Brand in Latin America

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(Press Release) Apontador, the industry leading service that helps twenty million Latin Americans each month find and review what they need from over ten million local businesses and restaurants, is receiving fifteen million dollars from Movile, Latin America’s leading mobile commerce platform.

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M&A Boutique Aims to Capture R$300m Fund (em português)

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(Valor Economico) A A:10 Investimento e Assessoria is in the process of capturing a private equity fund for R$300m. The idea is to apply these resources to small and medium businesses in the consumer and retail sector.

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Loggi Receives Contribution of R$10m Qualcomm Ventures

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(E-Commerce News) Loggi, an online express delivery service that connects clients directly with messengers through a computer or cell, announced a new investment round for R$10m raised by the Venture Capital Fund Monashees Capital and Qualcomm Inc through its Venture Capital Group, Qualcomm Ventures. Read more

HelloFood Makes Fourth Acquisition of the Year and Incorporates Entrega Delivery (em português)

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(Startupi) HelloFood, the busines leader for online food delivery service present in 45 countries and affiliated with brands like FoodPanda and Delivery Club, announces the acquisition of Entrega Delivery. With the entrance of Entrega Delivery, HelloFood exceeds of 2,500 restaurants with a presents in more than 30 Brazilian cities, reinforcing its growth in the country. Read more

British Food Delivery Giant Just Eat Forms Joint Venture with Brazil’s iFood

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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. Read more

Precifica Receives R$3m from Hi Partners (em português)

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(E-commerce News) Precifica, an intelligent pricing platform for businesses, announced an investment of R$3m from Hi Partners, a holding company focused on innovative Tech and Internet companies. The investment will be used to improve the platform. Read more

H.I.G. Capital Backs Grupo NZN and Click Jogos Merger

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(PEHub) H.I.G. Capital has completed strategic investments in Grupo NZN and Click Jogos, both Brazil digital media businesses. As part of the transaction, NZN and Click Jogos will merge. Read more

LatAm SMS Jobs Startup Emprego Ligado Closes US$7m Series A To Expand

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(TechCrunch) Developing markets such as Latin America are eating up smartphone use, and a startup emerging out of Brazil is making the best use of that trend. Emprego Ligado is a job marketplace which competes with local job sites and staffing agencies for blue-collar Brazilians. In 2012, it got backing from investors including 500 Startups and Initial Capital to crack the Brazilian market. Now it’s won more firepower in the form of a US$7m in Series A funding from an international syndicate of investors including Monashees Capital, Grupo RBS e.Bricks and Qualcomm Ventures. The funding will be used for geographic expansion. Read more

General Atlantic Announces Investment in SAS Sistema de Ensino

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(Press Release) General Atlantic has completed an investment in SAS Sistema de Ensino. SAS is a leading learning systems provider in provides and provides a teaching methodology for approximately 110,000 students and 325 schools throughout Brazil. Read more

Warehouse Investimentos Sells its Entire Stake in iFood to Movile (em português)

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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 the VC firm, the proposal was made by Movile who was looking to invest more resources in the project. Read more