Colombian proptech Acasa raises US$38M to expand in Mexico

Acasa is a proptech company that uses the “buy before you sell” model in Latin America. Its counterparts in the US include Knock, Orchard, Fly Homes, and Homeward. The company makes it easy for homeowners to purchase a new home without needing to sell their old property by making down payment loans, signing up for the new mortgage, and handling the sale of the old house.

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Indonesian e-grocery startup Sayurbox raises US$120M Series C funding from led by Alpha JWC and Northstar

March 24, 2022

Sayurbox, an Indonesia-based business to consumer (B2C) and business to business (B2B) e-grocery startup, announced its oversubscribed Series C round of $120 million led by Northstar and Alpha JWC Ventures, with participation from new investor International Finance Corporation (IFC). The new funds will be used to accelerate e-Grocery penetration in new and existing cities and extend Sayurbox’s end-to-end supply chain nationwide.

CDPI Emerging Markets
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Muni gives Latin American communities buying power through shopping app

March 24, 2022

Muni has operations in Colombia, Mexico and Brazil, and over 15,000 community leaders utilize the service, which has grown 20% month over month since its launch in June 2020. Community leaders centralize the orders by sharing a link to the WhatsApp online store, then neighbors put in their orders of everyday essentials, and the supplier drops off the orders with Muni, which picks and packs them and leaves them with the community leader to take care of the last-mile delivery and collecting the cash payments.

CDPI Emerging Markets