With this investment, Gringo will strengthen its credit and insurance products. It will also add new features and plans to increase its user base to over 20 million in the coming years. Currently, Gringo has 10 million drivers, 80% of whom use the app at least once every four months. Founded in 2019, Gringo’s mission is to centralize all essential services and documentation required by drivers, providing a one-stop solution.
SoftBank Corp. announced it will launch a full-fledged expansion of its global IoT business in the Asia-Pacific region. In this sales expansion that spans 19 countries and regions, including Japan, SoftBank will focus on marketing IoT services, mainly the “1NCE IoT Flat Rate,” an affordable global IoT connectivity service from German company 1NCE GmbH, to enterprise customers. SoftBank aims to acquire a total 2 million 1NCE IoT Flat Rate connections in APAC and other regions within the 2025 fiscal year, which ends on March 31, 2026.
Kenjo, the startup for comprehensive human resources (HR) software designed for small and medium-sized enterprises, achieved a successful Series A funding round, securing an investment of USD$9.4 million, led by the Hi Inov fund. With these funds, Kenjo aims to consolidate its position as a leader in the Latin American market for HR software. Their platform focuses on optimizing key processes such as attendance control, vacation and absence management, payroll, scheduling, data analysis, and performance evaluations, among others.
RudderStack, which styles itself “the AI Data Cloud Native CDP”, has unveiled a suite of Data Apps running on its Customer 360 solution, which in turn runs within Snowflake AI Data Cloud. The apps support the fast delivery of data projects — for example, attribution data and propensity scores — from data teams to business stakeholders. They are now available to Enterprise Tier RudderStack customers on Snowflake.