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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

IT Teams Build Sloppy Automations: TeamDynamix Survey

August 17, 2022
IT teams spend lots of time on repetitive requests from business users, finds this TeamDynamix survey.  You might think the implication is IT should let users do more for themselves.  But the main time-wasters are things like password resets, employee on-boarding, and managing credentials, which can’t really be delegated.  And here’s the kicker: IT professionals automate those tasks by building sloppy, insecure, undocumented scripts, just like the non-professionals.   Fun fact: 53% of teams manage 100 or more applications.
CDPI Newsletter

Data Engineers Spend Two Days per Week on Quality Incidents: Monte Carlo Data

August 16, 2022
Let’s pay some attention to data engineering today, Dear Reader.  Observability vendor Monte Carlo Data finds that quality issues impact most or all business decisions at 47% of companies, and 26% of revenue is impacted by poor data quality.  The average data engineer spends two days a week dealing with data quality incidents – and 58% say the number of incidents has increased in the past year.
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