Warburg Pincus invests in Brazilian messaging app

Warburg Pincus invests in Brazilian messaging app

Equity Corporate & Sovereign Strategy Funds Structured Finance Telecoms Brazil United States Latin America

US private equity firm Warburg Pincus said Wednesday that it led a $100 million financing round for Brazilian start-up Take Blip, not long after cashing out its stake in two local companies through initial public offerings (IPOs). Take Blip is billed as a communication platform for companies on messaging services like WhatsApp and Facebook Messenger. Its customers include Claro, Itaú Unibanco, Coca-Cola, Localiza and Fiat, Warburg Pincus said in a press release. Warburg Pincus did not say if oth

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