News

Archive for August, 2022

Categories : CDPI Emerging Markets
Dates : August 2022

Kaleyra, India partners with Truecaller to enhance business communications trust and efficiency

August 18, 2022
Kaleyra, Inc., a rapidly growing omnichannel business communications platform in India has partnered with Truecaller, an industry-leading caller ID service provider, to further establish trusted and safe business communication services through Truecaller’s proprietary Verified Business Caller ID solution. With Verified Business Caller ID, Truecaller will provide Kaleyra clients inIndia with various services that further ensure safety and security in their messaging efforts.
CDPI Emerging Markets

Oracle sees strong growth in cloud business in India

August 18, 2022
Oracle Corp. is witnessing strong growth in its cloud business in India driven by digital innovation in the banking, financial services and insurance (BFSI) sector, public sector initiatives, and small and medium business (SMBs). Earlier this year, the Indian government launched ONDC as a prospective alternative to dominant global e-commerce giants like Amazon.com and Walmart in its fast-growing e-commerce market.
CDPI Emerging Markets

Mexican start-up, Kolors looks to disrupt LATAM market with elevated bus service

August 18, 2022
Kolors developed everything that’s necessary for running bus operations from the route planning, pricing optimization, tools like revenue management, crew and customer support for local bus operator in Latam, everything except actually owning and operating the buses themselves. The startup essentially provides a technology layer to small and medium-sized bus operators to help them operate more smoothly. Kolors also provides each bus with an attendant, a Kolors employee who checks in passengers, accepts payments of cash when needed, and sells snacks and drinks.
CDPI Emerging Markets

Reversso raises US$1.1M to improve returns and exchanges at online stores

August 18, 2022
Reversso, a company that offers B2B software to improve returns and exchanges on e-commerce sites, raised US$1.1 million in a seed round led by the Santiago, Chile-based Genesis Ventures fund. Reversso was born after they noticed the difficulties in the process of returns and exchanges of merchandise in the e-commerce of their previous jobs. By automating the exchange process, Reversso suggests other products based on the user’s search history on the website. In addition, returns are streamlined, allowing the store to make refunds instantly.
CDPI Emerging Markets

Pastel, a Nigerian bookkeeping and digital platform for merchants, raises $5.5M led by TLcom

August 18, 2022
Pastel, a startup that provides software and apps to assist retailers with their bookkeeping and sales tracking processes, is announcing a seed raise of $5.5 million led by Pan-African venture capital firm TLcom Capital. Other VC firms such as Global Founders Capital (GFC), Golden Palm Investments, DFS Labs, Ulu Ventures, Plug and Play and Soma Cap also participated in the seed round.
CDPI Emerging Markets