Merama funds growth with debt, equity

Merama funds growth with debt, equity

Corporate & Sovereign Strategy Bonds Debt Fixed Income Equity Latin America South America Brazil Chile Mexico Technology Commerce Retail shopping

Merama, a five-month old e-commerce startup based in Brazil and Mexico, said it has raised $160 million to finance its growth in Latin America. The company said $60 million of the financing is in equity and $100 million in debt, according to a press release. The investors included the Latin America-focused venture capital funds Monashees Capital and Valor Capital, as well as UK-based Balderton Capital. Other investors were the CEOs of leading technology companies in the region, including Brazili

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