(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’…

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…