Softbank leads $83 mln investment in Brazil education startup Descomplica

SAO PAULO, Feb 18 (Reuters) – A group of investors led by Softbank Group has invested 450 million reais ($83 million) in Brazilian test-prep startup Descomplica, which has seen demand for its online learning services surge in the pandemic, the company said on Thursday.

Descomplica said it would use the funds to make acquisitions and develop new products, including 33 new courses by next year.


Via Reuters


Read full article here

Share This

Chamber Updates Stay connected with Chamber activities