IFood

img São Paulo, Brazil
Industries
Technologies

IFood is an online food delivery portal that develops an innovative system so users can order deliveries on the internet with no hassle. It aims to revolutionize the world of food for a more practical and enjoyable life. In an innovative technology environment and the challenge of strong growth with the delivery partners, restaurants, and customers.

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News

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The Complete List of Latin American Unicorns [Updated 2020]

2 months ago

Contxto – With Latin America growing as an important axis for the entrepreneurship ecosystem, hardly a day goes by without a breaking news story about a regional startup funding round. And even more frequently, new unicorns in Latam. At Contxto, we’re always trying to showcase what’s going well in Latin America. With the same purpose, […]

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Colombia uncovers black market of Rappi couriers

2 months ago

Contxto – The bigger the company, the bigger the risks to which it can be exposed. This is something one of Latam’s largest food delivery startups recently learned. Yesterday (22), an investigation by Reuters surfaced showing that some Rappi couriers or rappitenderos, in Colombia, acquired their spot on the platform through illicit means. That’s right, […]

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Movile leads US$11.4 million investment in Zoop to scale B2B fintech services

2 months ago

Contxto – Fintechs continue to bring flexibility to the financial system of Latin America and investors are fueling the change. Today (22), Movile announced it led a US$11.4 million round for Brazilian fintech Zoop. The B2B startup will use the investment to speed up its ability to deploy its digital payment, banking, and credit solutions.  […]

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iFood acquires SiteMercado as e-grocery competition intensifies

2 months ago

Contxto – Delivery de Mercado—iFood’s marketplace of restaurants and supermarkets—grew 240 percent last August when compared to March of this year. Evidently, Covid-19 has pushed consumers towards acquiring their edibles online. So to keep up with this momentum, iFood recently acquired SiteMercado—a white-label platform that helps grocery stores digitize their operations to work as an […]

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iFood to launch prepaid debit card and digital account for restaurants

2 months ago

Contxto – The lines between industries are getting blurrier in Brazil.  Magazine Luiza, a major retailer and e-commerce platform recently bought AiQFome, a food delivery startup. Meanwhile, iFood—a food delivery startup owned by Movile—is now playing the role of fintech with the launch of a prepaid card and account for its restaurant partners. As competition […]

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6 step startup: How top Founders get from product idea to launch

2 months ago

Contxto – The startup ecosystem is exciting and has been quite busy of late. Behind each new acquisition, investment round, or IPO—Initial Public Offering—is a painful process of investigation, data analysis, and implementation. But, how to start a startup from scratch? Don’t panic just yet. If you can’t hire a professional with experience in assembling […]

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Agrapp is crowdfunding investments for small growers in Colombia

2 months ago

Contxto – Last featured on our Agtech in Colombia market map, Agrapp is back and with good news to share. The Bogotá-based startup took home first place in Glocal’s Agrifoodtech 2020 Pitch Day.  As a result, it has the possibility of raising around US$100,000. Simultaneously, Agrapp is keeping itself busy raising its seed round for […]

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Fazenda Futuro secures US$21 million to launch into US

2 months ago

Contxto – The world is hungry for more foodtechs and their animal-free edibles. Today (1), Brazilian startup Fazenda Futuro announced it raised R$115 million (~US$21 million). The round’s ringleaders were BTG Pactual and ENFINI Investments. They were joined by returning investors Monashees and Go4it Capital. Money in hand, the startup plans to make a splash […]

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The roadmap for autonomous delivery bots and drones in Latin America

2 months ago

Contxto – When we envision the future, drones and autonomous vehicles are often a critical part of that picture. So just how far is Latin America from this scenario? Honestly, it’s getting closer. But it still has a long way to go, and for two big reasons which I’ll address in a bit. In any […]

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Dark groceries see the future as Zipp raises US$636,000 to sustain growing operations

3 months ago

Contxto – Dark store grocery startup Zipp wrapped up an investment for R$3.5 million (~US$636,000). It doesn’t come as a shocker considering users’ adoption of e-commerce as a result of the Covid-19 outbreak. The round’s leader was Anjos Alumni CSB who was joined by other angel investors like Rafael Duton (Movile). Thanks to their pretty […]

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