E-commerce startups continue to raise Venture Capital in Latin America which amounted to $1.2B or 15% of total investments in the region for 2022. It is second to only Fintech according to LAVCA. It makes sense as we have seen several great outcomes such as Mercado Libre ($65B market cap) and Vtex ($800M market cap) being public companies or Cornershop being acquired by UBER for over $3B.
Apar Technologies, a global software services and consulting company headquartered in Singapore, has announced its strategic investment in BigTapp Analytics, a Singapore-based data analytics services and solutions provider powered by artificial intelligence (AI). Apar Technologies said that this investment marks a significant milestone in Apar Technologies’ commitment to expanding its data analytics offerings for customers in Singapore, Malaysia, Thailand, United Arab Emirates (UAE), India and the United States amongst others.
Klavi, a Brazilian SaaS platform that offers Open Finance solutions, is getting ready to land in other Latin American countries. The fintech platform has processed more than 450 million transactions and performed more than 4 million connections in more than 30 financial institutions, as well as bureaus, fintechs, and startups. In operation since early 2020, Klavi is capitalized to follow through with its plans. In August last year, it raised a Series A of US$15 million.
Nearly half (49%) of TV viewing occurs outside of broadcast and channels, according to Nielsen Media Distributor Gauge, a just-launched solution that aggregates total TV consumption across broadcast, cable and streaming by media company. It’s more evidence, if needed, of the growing importance of non-traditional video consumption and of Nielsen’s effort to maintain its position in TV measurement despite the changes.