Posted inBrazil, News, Venture Capital

Iporanga and Wayra lead US$818,000 investment in mobility startup Voll

Contxto – Brazilian mobility startup Voll is going places—literally. Thanks to its recent investment for R$4 million (around US$818,000) through co-leading investors Iporanga Ventures and Wayra it can act on its expansion plans.  Coronavirus has caused drops in ride-hailing trips. This has directly impacted Voll‘s revenue model as it relies on users to request trips […]

Posted inBrazil, Chile, Mexico, News

What Uber’s investment in Lime means for Latin America

Contxto – Last Thursday (7), Uber announced its lead in an investment for US$170 million in San Fran-based micro-mobility startup, Lime. And when transactions like these happen between parties with a global presence, it’s bound to have repercussions in Latin America.  Correspondingly, as part of the deal, Uber’s operations in regards to its electric red […]

Posted inColombia, Mexico, News

Picap picks up the pace, launches 2 new services in Mexico

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – With quarantines, users have reduced their need to travel, but still need to get items moved about. Consequently, last-mile delivery startups are “having a moment.” But so as to not miss out on all that action, ride-hailing platforms like Mexican Pronto and more recently, Colombian Picap have shifted to offer […]

Posted inDeals, Government, Mexico, News, Technology

How does a ride-hailing startup for corporate employees survive the quarantine?

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Uncertainty is the well-known battlefield for founders. In Latin America, even more so.   Nowadays it’s not so much survival of the fittest, as survival of the most agile. Jetty—a Mexican startup that provides collective ride-hailing services to corporate employees—is the midst of a coronavirus-powered pivot.  Since many companies decided to […]

Posted inMexico, News

Need groceries delivered? This ride-hailing app can help

[wd_hustle id=”InArticleOptin” type=”embedd] Contxto –  No doubt grocery delivery startups are experiencing a surge in requests as a result of coronavirus (Covid-19). Previously these apps boasted about getting your groceries delivered to a person’s door within two hours (tops), now, they’re saturated with work and now some users must wait much longer.  Given this situation, […]

Posted inMexico, News

Ride-hailing Pronto pushes for passenger and driver safety

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – A common concern for ride-hailing platform users is passenger safety. And Mexican Pronto wants to take its approach in the matter one step further.  The ride-hailing startup recently shared with Contxto that it’s rolling out additional features to protect both the driver and passenger.  Known for its win-win approach to […]