Dataplor, a Brazilian startup crowdsourcing local retail market intelligence, raised an undisclosed seed round from Quest Venture Partners with participation from Magma Partners, ffVC, Sidekick Fund and the Blue Startups…
Food Delivery
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SoftBank Invests US$1b in Colombian Delivery App Rappi
April 30, 2019SoftBank will invest US$1b in Colombian delivery app Rappi, split 50/50 between SoftBank’s Vision Fund and the new SoftBank Innovation Fund. Rappi is the first investment from the US$5b Innovation…
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Naspers & Innova Capital Invest US$82m in Movile to Expand iFood
December 7, 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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Bozano Investimentos has acquired a stake in Brazilian health food retailer Oba Hortifruti for an undisclosed amount. (ISTOÉ DINHEIRO) A Bozano Investimentos acaba de fechar um grande negócio na área…
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Kaszek Ventures Leads Investment in Brazil’s Liv Up (em português)
September 27, 2017KaszeK Ventures led a R$5m investment in Liv Up, a Brazilian frozen food delivery company. iFood founder Patrick Sigrist and Rapiddo CEO Guilherme Bonifácio invested previously. (Valor Econômico) A Liv…
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SpoonRocket Finds a Home with Brazil-based iFood
March 16, 2016(TechCrunch) Brazil-based iFood, a food delivery platform looking to dominate the on-demand economy in Latin America, has bought the on-demand food delivery startup SpoonRocket. Terms of the deal were not…
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Movile’s iFood Acquires Devorando (em português)
February 12, 2016(Baguete) Movile’s food delivery platform, iFood, acquired Devorando for an undisclosed amount expanding both businesses reach across Brazil. Movile’s iFood Acquires Devorando (em português) was last modified: July 26th, 2016…
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(Comunicados.co) Bogotá based grocery delivery platform Merqueo.com acquired its competitor Lulo, strengthening its position as the largest online supermarket. Velum Ventures’ Merqueo.com Acquired Online Delivery Platform Lulo (en español) was…
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(Tech Crunch) Latin American mobile commerce powerhouse Movile and Just Eat, the global online take-out service, have announced a US$50m investment in Brazil’s leading food delivery service, iFood. The raise…
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Breakout Brazilian Food Delivery Service iFood Acquires Papa Rango and Alakarte To Expand Across Brazil
October 23, 2014(Webwire) iFood is announcing the acquisition of Papa Rango and Alakarte , two competitors in Brazil’s fierce market for food deliver y services. With these acqu isitions, iFood brings eighteen…