Picap

img Bogotá, Colombia
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Picap is a Colombian ride-hailing service provider that connects people who require a means of transportation and people with motorcycles or cars who want to share their vehicle and earn additional income in the process.

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News

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Moova, the logistics Airbnb, sees double expected growth thanks to pandemic

1 week ago

Contxto – Moova, the self-proclaimed Airbnb of urban logistics startup from Argentina, duplicated its annual turnover expectation thanks to the Covid-19 pandemic.   While the lock down forced many businesses to drastically change their ways in order to survive, some others like Moova benefitted from the conditions introduced by this global crisis. The company’s CEO, Antonio […]

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Rayo wants to rally US$2.3 million to consolidate logistics ops in Mexico and Chile

1 month ago

Contxto – E-commerce growth is putting the pressure on logistics efforts. And Latin America has plenty of startups that are eager to rise to the challenge. But they can’t always boostrap their way through—sometimes external funding is needed. To that end, Rayo opened an investment round for US$2.3 million this month. It’s not the logistics […]

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Pack&Pack tackles deadly ecosystem challenge: bootstrapped e-commerce logistics

2 months ago

Contxto – No news is good news, they say. But, as a person who covers the news, I’d argue that the other way round works as well. Take Mexican e-commerce logistics solution, Pack&Pack.  They’ve been doing really well recently. The startup has been growing at a rate of 45 percent, is billing more than MX$4 […]

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Mottu raises US$2M to solve logistics startup deathtrap. Its answer? Delivery B2C

2 months ago

Contxto – Brazilian motorcycle delivery as a service, Mottu, raised a pre-Series A round worth US$2 million this month. The investors were Allievo Capital, Caravela Capital, Fundação Estudar, and angels. The news was kept under wraps until now. Contxto got in touch with Allievo Capital co-Founders, Guilherme Queiroz and Matheus Baldi, to discuss the nature […]

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Picap is taking logistics in Latam to the next level with latest development

3 months ago

Contxto – Thanks to the coronavirus pandemic, ride-hailing platforms like Uber and Didi are practically at a standstill. Meanwhile, last-mile delivery and logistics enterprises are busier than ever. And in Colombia, Picap—a startup that initially launched as a motorcycle-taxi service—is rolling out a solution to make the most of these extraordinary circumstances.  For over the […]

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Movile announces undisclosed investment in Mensajeros Urbanos

3 months ago

Contxto – Latin America has been quickly embracing e-commerce, courtesy of Covid-19. Though as exciting as it sounds, it’s putting logistics startups to the test. But one Colombian enterprise is rising to the challenge and raising some funds along the way. Last Tuesday (7), Colombian logistics startup Mensajeros Urbanos announced it wrapped up an investment […]

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Guess who’s back? Uber returns to Colombia to operate as before

4 months ago

Contxto – The back-and-forth drama between Uber and the government in Colombia is endless.  This week, a court in Bogotá revoked the order made by the Superintendency for Industry and Commerce (SIC) for the ride-hailing platform to cease its operations. Consequently, Uber can now return to Colombia and run as it used to. Related article: […]

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5 fintechs accused of taking advantage of elderly and poor in Argentina

5 months ago

Contxto – Ohhhh, somebody is in trouble. Actually lots of somebodies.  This week the Argentine government announced legal action is being taken against a group of fintechs. Their names: Smart Cash, Punto Click, Patagonia Cred, Efectivo Urgente, and Wenance. And the accusations are big: misuse of information, excessive fees, and fraud. The majority of the […]

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It’s official. Picap’s Colombian entity shuts down due to Government illegality allegations

5 months ago

Contxto – The world’s current situation is asking for founders out there to put in their best efforts. Many of them, regardless, won’t make it. Some, on the contrary, are doing well despite the situation, and yet they are currently finding other kinds of obstacles. On April 30, Picap—a moto-taxi and last-mile delivery app from […]

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Picap picks up the pace, launches 2 new services in Mexico

5 months ago

Contxto – With quarantines, users have reduced their need to travel, but still need to get items moved about. Consequently, last-mile delivery startups are “having a moment.” But so as to not miss out on all that action, ride-hailing platforms like Mexican Pronto and more recently, Colombian Picap have shifted to offer parcel deliveries. To […]

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