Insight Partners and Tiger Global co-led a group of investors to participate in the Series D round for Nuvemshop.
Nuvemshop operates an e-commerce platform in Latinamerica, primarily Brazil, Argentina and Mexico.
Special Mexican counsel to Insight Partners and Tiger Global in the negotiation of a USD$500 million Series E Preferred Stock investment in Nuvemshop (Linked Store Cayman LTD), an e-commerce platform operator in Latinamerica, primarily Brazil, Argentina and Mexico.
Innovation & Additional Comments
The Mexican market is not currently the focus of the target’s operations, however investment will be allocated to develop business in new markets (including Mexico). A full analysis of current regulatory, commercial, contractual and labor structure was implemented to asses business opportunities in Mexico in the near future.
Deal Duration, Date of Closing / Signing
Other Firms Involved
Press Coverage (links)