Tienda Pago, a provider of working capital to small retail stores to finance their key consumer products across Latin America, received an investment from Accion Venture Lab.
Dating LATAM, a Lima, Peru-based online dating startup, raised a seed funding round. The amount of the deal was not disclosed. SparkLabs Global Ventures, a global seed-stage fund, made the investment. The startup’s MiMediaManzana.com site currently has over 300,000 registered users. Started originally in Peru, the company is now present in Mexico, Colombia, and Chile […]
Linio, a LatAm e-commerce company, received a €20m investment from Summit Partners. The company, which had reportedly raised funding from Tengelmann Group two weeks ago, plans to use the new capital to further grow in Latin America. Backed by Rocket Internet, Linio offers home appliances and electronics including TVs, computers, cameras, musical instruments, video games, […]
The Carlyle Group (NASDAQ: CG), a global alternative asset manager, raised a $308m fund dedicated to Peru. Carlyle Peru Fund, L.P., will be invested across industries including healthcare, retail and consumer, services to mining, construction and infrastructure businesses, and education. Carlyle, which opened its Lima office last year, will work in consultation with Credicorp, Peru’s […]
Investment management company Elevar has raised a $70m equity fund to invest in growth companies expanding the reach of microfinance and other essential services to the 4bn underserved people at the base of the economic pyramid in countries like India, Mexico, the Philippines and Peru. Elevar Equity II is the second poverty focused fund managed […]