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News

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500 Startups LatAm announces Batch 12 for accelerator program

1 year ago

Contxto – 2020 will be a year to remember for many. It’ll be recalled as a time where a full-blown pandemic struck. But for a select number of startups from Spanish-speaking Latin America, it shall also be known as the year they were admitted into one of the biggest accelerator programs.  Yesterday (23), 500 Startups […]

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Rappi launches delivery robots, is it outmaneuvering iFood?

1 year ago

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Logistics startup Rappi is adding new members to its delivery team. But these additions are different from your typical rappitendero. For one they travel on four wheels rather than two. And rather than carrying the startup’s bright orange backpack, these newbies have it built into their bods. Oh, and they’re […]

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The cat’s out of the bag! Petlove raises US$48 million with SoftBank

1 year ago

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – There’s probably a lot of tail-wagging going on at e-commerce startup, Petlove. Yesterday (7) the announcement that it raised a R$250 million (about US$48 million) investment with SoftBank was made. The money will be drawn from the venture capital (VC) firm’s Latin America fund and will be closed within the […]

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A Brazilian unicorn just got sent to the Stone Age, thanks a lot Covid-19

1 year ago

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – On April 3, Gympass—the corporate fitness platform that was born more than seven years ago in Brazil—announced some spectacularly bitter news: big layoffs. Do you really need to ask why? If you are reading this from home, which you have not left due to being in quarantine, I think it […]

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Unicorn rumble for Colombian turf

1 year ago

Contxto – The Colombian unicorn, Rappi, just got a little premonition that shook its legs. And with good reason. That’s right, turns out the Brazilian Unicorn, iFood and Domicilios.com, Berlin-based and acquired by Delivery Hero, have partnered up. They didn’t only join forces, but they will also do so in Colombia.  This has definitely not […]

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In Brazil, Grow isn’t growing—it’s retreating and making layoffs

1 year ago

Contxto – Grow in Brazil is making a hasty retreat in various parts of the country. The micromobolity giant will be withdrawing its bright-colored e-scooters from 14 Brazilian cities. As a result, the only parts where they’ll be found are in São Paulo, Rio de Janeiro, and Curitiba. As for its yellow bikes; they’ve been […]

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Rappi 101: A quick review of how the last-minute delivery app got to where it is

1 year ago

Contxto – Pay no heed to what seems to be Rappi’s trudge through the murky waters of controversy. On a grander scale, this last-mile delivery company’s growth strategy is going full-throttle. When it comes to rapid regional expansion and collaboration, this scaleup is queen. Not only does it continue to integrate itself with various other […]

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