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June 24, 2013 05:54 pm GMT
Rocket Internet, the Samwer Brothers' Berlin-based e-commerce startup incubator, is taking its Latin American ambitions up to the next gear. Easy Taxi, a Hailo-like app for calling up taxicabs, is today announcing a $15 million round of investment from Latin America Internet Holding (LIH). LIH is Rocket Internet's holding company in the region, and it is part-owned by Millicom, an emerging markets service provider that also invests in Rocket startups in Africa. Easy Taxi will be using the funding both to continue to build out its operations in Latin Amercia, but also to gear up for "global" expansion.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/R0L9gfedpTw/
Rocket Internet Revs Up Easy Taxi, Its Latin American Hailo, With $15M In Funding
Rocket Internet, the Samwer Brothers' Berlin-based e-commerce startup incubator, is taking its Latin American ambitions up to the next gear. Easy Taxi, a Hailo-like app for calling up taxicabs, is today announcing a $15 million round of investment from Latin America Internet Holding (LIH). LIH is Rocket Internet's holding company in the region, and it is part-owned by Millicom, an emerging markets service provider that also invests in Rocket startups in Africa. Easy Taxi will be using the funding both to continue to build out its operations in Latin Amercia, but also to gear up for "global" expansion.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/R0L9gfedpTw/
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