News

Archive for January, 2023

Categories : CDPI Emerging Markets
Dates : January 2023

What 2023 holds for startups according to five LatAm venture capital firms

January 5, 2023
The coming year in LatAm looks to be similar to 2022, with less capital for startups. Startups founded in 2023 will be more scalable with better financial prospects. This is because new companies will have better fundamentals and focus on their unit economics. There is a thought that the best companies, the most successful ones, have been born in big crises. The lack of capital will force more startups to seek acquisition as an alternative to a shutdown.
CDPI Emerging Markets

Meet Palpa, the Chilean startup and its groundbreaking device to learn how to detect breast cancer

January 5, 2023
Palpa is a container of liquid soap in the shape of a breast that includes an object that mimics a small tumor, designed to encourage cancer self-examination during the shower. The device is a creation of Chilean designer Josefa Cortés (26), who was recently highlighted among 35 young innovators in MIT Technology Review. He founded The Palpa Company in January 2020. The company made a family and friends round in August 2021 in which they raised a round of 280 million pesos (Chilean pesos, about US$300,000) to be able to... Read More >
CDPI Emerging Markets

Digital Edge set for India foray, to buy 47-acre Thane plot for maiden data center

January 5, 2023
Singapore-based data center firm Digital Edge is reportedly close to acquiring a plot of land outside Mumbai, India, on which to develop its first facility in the country. The India Economic Times reports the company is in “advanced talks” in advanced talks to acquire a 47-acre land parcel in Thane, Maharashtra, along with realty developer Assetz Property Group from steel manufacturer Mukand.
CDPI Emerging Markets

RateGain Acquires Travel Martech Firm Adara for $16 Million

January 5, 2023
India-headquartered travel tech firm RateGain Travel Technologies is acquiring Adara, a Silicon Valley-based firm in travel martech and predictive consumer intelligence. The cost: a mere $16.1 million, according to RateGain’s filing on the Indian stock market. Through the acquisition RateGain is looking to build the most comprehensive travel-intent and data platform powered by artificial intelligence.
CDPI Emerging Markets