(Valor Economico) Capital from the World Bank’s private-sector arm will be spent in technology and could finance another distribution center in Brazil.

Press Release The Dafiti Group, Latin America’s leading fashion e-commerce, today announced its largest funding worth USD 70 million from the Toronto-based Ontario Teachers’ Pension Plan (Teachers’), one of the…

(Reuters) August 21, 2012 – Brazilian online fashion retailer Dafiti said on Tuesday that it would receive $45M from J.P. Morgan Asset Management in a cash-for-equity deal that underscores investors’…

LAVCA recently sat down with Loggi co-founder and CEO Fabien Mendez to understand how a company that started out doing document delivery in São Paulo has scale to handle food delivery for some of the biggest brands and competitors in Brazil

Global Founders Capital (GFC) invested R$1,385,000 (approximately US$344,727 as of October 2) to acquire 10% of the Brazilian fintech specialized in financial services of Credit as a Service (CaaS) Zen Finance Tecnologia e Serviço SA.

German-based Global Founders Capital made an undisclosed investment in Zen Finance, a Brazilian fintech focused on credit-as-a-service. Philipp Povel, founder and CEO of Dafiti, and Carlos Eduardo Norbert of Petronia Capital also participated in the round.

Florida-based private equity firm US Capital Management plans to invest up to R$8m to become a partner in 34 Brazilian small and medium-sized enterprises by the end of 2019. 

Digio, a digital credit card owned by CBSS bank, has acquired Brazilian cashback startup Poup. Wayra Brazil accelerated the company in its first batch. (E-commerce News) Digio, a digital credit…

Bossa Nova Investimentos invested close to R$1m in the Brazilian online female footwear boutique, 33e34. Following the investment, the startup, led by entrepreneur Tânia Gomes, signed a partnership to sell…

(Press Release) Capital Indigo co-led a merger between the fashion business of its portfolio company Clickonero and Dafiti Mexico. With this combination, Ösom (www.osom.com) was launched as the largest specialized…

(Press Release) Mandaê, a Brazilian photo-order based shipping startup, received a US$2.5m Series A Investment from Qualcomm Ventures, Monashees and Valor Capital.

(Fusões & Aquisições) Brazilian e-commerce platform, Grupo Netshoes, acquired São Paulo retailer, Shoestock, to strengthen its e-commerce portfolio company, Zattini.

(Press Release) Microsoft Ventures and BESAF – BES Ativos Financeiros, through Espirito Santo Ventures, are creating a new investment fund focused on supporting young technology companies.

(Valor) Operating in Brazil for little over six months, Rocket Internet’s HelloFood has just made its third acquisition: competitor Peixe Urbano Delivery.

(The Next Web) Summit Partners is increasing its stake in Rocket Internet‘s portfolio of companies with the announcement today of a €20 million ($26.5 million) investment in the ‘Amazon for Latin America’, Linio.

 (New York Times) October 4, 2012 – For years, Rio de Janeiro’s bohemian neighborhood of Lapa has been a hotspot for people seeking samba shows and late night partying. But…