Naspers, Innova Capital invest $82 million more for Movile’s iFood delivery business

 Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s stake in iFood, a Latin American food delivery vendor. Read More

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GM’s Cruise sets special self-driving event for November 28

 GM’s Cruise self-driving unit is hosting a special event at the end of November, the company revealed today via invites to select media. The tagline for the event is “Come experience our vision of a self-driving future,” and while advance details are scarce, it sounds likely that Cruise will take the opportunity to allow media and other guests to experience their pilot… Read More

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High-end Brazilian job recruitment marketplace Revelo raises $4.6 million

 Revelo, a job marketplace that puts the responsibility on companies to contact candidates, has raised $4.6 million in its latest financing. The company, unlike traditional job boards, puts high-end, high-profile Brazilian job seekers at the center of the search, and makes companies reach out to them. Its latest round was led by Valor Capital, the Latin American-focused venture capital fund,… Read More

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