Grow Mobility

img Mexico City,Mexico

Grow is a Latam-based holding for micromobility and payments. It is the result of the merger between Grin, the mexican scooter pioneer, and Yellow, a multimodal and payment player from Brazil.

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Brazilian VC monashees intends to raise US$250 million for its sixth fund

4 days ago

Contxto – Earlier today, a Reuters report surfaced that Brazilian VC firm monashees will be raising US$250 million to grow investments in Latin American startups. While monashees hasn’t formally announced or confirm this news, this could be an important milestone for the group. In Summary  Eric Acher and Fabio Igel founded the São Paulo-based VC […]

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Wayra organizes Chile’s first Co-Investment Day

4 days ago

Contxto – To boost Chile’s venture capital activity, Wayra Chile recently went to work and organized the nation’s first Co-Investment Day. In Summary Eight startups and seven venture capital funds recently convened at the event’s first edition in Santiago. Its main goal was to strengthen and promote investment collaborations between local funds and companies. For […]

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Deliverers protest in front of Rappi’s headquarters

2 weeks ago

Contxto – Grin, Nubank and Rappi are like the popular kids on the block. Always the topic of everybody’s conversations.  In Summary Rappi is grabbing headlines, once again. This time, though, it isn’t as pretty. The recent backlash from its own deliverers, also known as “Rappitenderos,” has captured the media’s and entire ecosystem’s attention. In […]

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Rappi partners with Voopter to offer airline flight tickets

2 weeks ago

Contxto – Choosing generalization over specialization, Rappi has suddenly jumped into the airline travel industry. Thanks to a new partnership with Voopter, users can now browse and purchase airline passes straight from the app. In Summary “Like Rappi, Voopter has a mission to simplify people’s lives,” said Fernando Vilela, Head of Growth at Rappi in […]

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Grow Mobility reaches 10 million rides, outshines Bird and Lime in Mexico City

3 weeks ago

Contxto – I love Grin. Not just in terms of product but also execution. In fact, the startup is killing it.  Today, Grow, the merger between Grin, Yellow and Flinto, announced it reached 10 million trips throughout the 23 Latin American cities where it operates. It’s noteworthy to mention this is also the company’s first […]

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Rio de Janeiro officials approve e-scooter regulations

1 month ago

Contxto – E-scooter companies operating in Rio de Janeiro must start providing helmets to users following recent legislation in Brazil’s second-largest city. Governor Wilson Witzel will have 15 days to either sanction or veto the bill beginning June 11.   In Summary On June 11, the Legislative Assembly of Rio de Janeiro decided to regulate […]

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Grin-Yellow merger, Grow Mobility incorporates payments app Flinto

1 month ago

Contxto – Electric scooter startup Grow Mobility, the result of Grin merging with Yellow, has announced yet another acquisition. Rather than joining forces with an additional micromobility company, it intends to incorporate payments app Flinto into its business model. Similar to how Rappi launched its own payment processor and debit card, it appears as though […]

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Startup Mexico strengthens ties with Brazil, opens campus

1 month ago

Contxto – Since beginning its internationalization efforts in April, Startup Mexico (SUM) recently announced that it will inaugurate its first foreign campus in São Paulo, Brazil in June. The partnership intends to assist entrepreneurs to understand the distinct cultures and trade regulations from both countries. In Summary Matias Vazquez, founder of the coworking space Sharing […]

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Picap raises US$2.5 million despite legal uncertainty

1 month ago

Contxto – Despite recent legal troubles, it appears as though Latin America’s largest mototaxi mobility app, Picap, will finally expand its fleet throughout the region. In Summary Picap is a Colombian mobility platform that just raised US$2.5 million worth of seed capital from Signia Venture Partners. Fellow contributors included Peter Livington from Unpopular Ventures, Another […]

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Kovi, a Brazilian rental car startup, raises US$10.5 million in seed funding round

1 month ago

Contxto – Monashees recently led a US$10.5 million seed round in Brazilian on-demand car rental startup, Kovi. MAYA Capital and ONEVC also participated to support the young firm in expanding its fleet from 600 to 5,000. In Summary Urban mobility is still uncharted territory for drivers without their own personal transport. Kovi solves this predicament […]

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