Brazilian Conversational Commerce Firm Take Raises US$100m To Drive International Expansion

Brazilian technology company Take has raised a US$ 100 million round from private equity fund Warburg Pincus to support its international expansion plans. The deal, announced on Wednesday (7) sees the investor acquiring a relevant minority stake in the company in what is one of the largest Series A rounds that have taken place in Brazil.

Headquartered in Belo Horizonte, capital of the Brazilian state of Minas Gerais, Take develops a software-as-a-service (SaaS) offering that enables companies to communicate with their customers via apps such as Facebook Messenger and WhatsApp. The model evolves the traditional customer relationship management framework into what it defines as “conversational commerce”, whereby firms maintain an ongoing dialog with their customer base.

Take’s technology uses tools such as artificial intelligence and data analytics to allow companies to not only service their customers and seamlessly

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Diet of pre-Columbian societies in the Brazilian Amazon reconstructed

Diet of pre-Columbian societies in the Brazilian Amazon reconstructed
Human burial with incised ceramic at the archaeological site of Bacanga at Sao Luas Island. Credit: André Colonese

An international study led by the Institute of Environmental Science and Technology (ICTA-UAB) and the Department of Prehistory at the UAB has reconstructed the diets of pre-Columbian groups on the Amazon coast of Brazil, showing that tropical agroforestry was regionally variable.

During the past few decades, there has been an increased interest in the origin and evolution of pre-Columbian economies in the Amazon. However, the paucity of human remains from this period has limited our understanding of the contribution of plants, terrestrial animals and fish to individual diets and, therefore, their role in supporting population growth and cultural changes in this region before European contact.

This new study, published in Scientific Reports, used stable isotopic analysis and Bayesian Mixing Models to reconstruct the diets of human individuals living along the Brazilian

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Brazilian Women Innovate More Than Men Through Covid-19 Crisis

Female entrepreneurs in Brazil have been more agile and effective when implementing technology-based innovation and finding digital alternatives to keep their businesses afloat in by the Covid-19 pandemic than their male counterparts, according to research.

The seventh study on how small companies are faring in the crisis carried out by Brazilian business school Fundação Getúlio Vargas (FGV) and the Brazilian Service of Support for Micro and Small Enterprises (SEBRAE) with 7.586 businesses between August 27-31 across Brazil shows that most female business owners (71%) use social networking websites, apps or Internet platforms to sell their products or services, compared with 63% of the male entrepreneurs polled.

The research has shown that most women run their businesses from their homes (35%, compared with 29% of men). It also noted that the general

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Nubank: Brazilian decacorn startup on coronavirus growth and expansion

  • Nubank, founded in 2013, has raised $1.4 billion to-date and is one of the most valuable and well funded private tech startups in South America.
  • The company has grown both its customer base and product offering in recent years to include investing beyond its original no-fee credit cards. 
  • “We’ve achieved a really large scale on existing products that we have with 30 million customers that makes us much larger than any other challenger in the world,” Nubank CEO David Velez told Business Insider in an interview. 
  • Visit Business Insider’s homepage for more stories.

Fintech has been booming as the coronavirus pandemic forces a shift in how consumers interact with financial services. From banking, credit, investing, and beyond, digital players have seen a surge in activity.

Fast-growing Brazilian challenger bank Nubank has likewise benefited, growing customers from 5.9 million at the end of 2018 to 30 million now, CEO and cofounder

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