Jüsto raises $152 million in investments to increase participation in LATAM

April 7, 2022 | 2:28 pm

Mexican digital supermarket Jüsto announces increased investment B . series by 152 million dollars (mdd), with the aim of expanding its participation in Latin America.

Through a statement, the startup reported that participants in investment They are General Atlantic, Tarsadia Capital, Citius, Arago Capital, Foundation Capital and Quiet Capital, who also seek to increase Jüsto’s technological development.

With this new capital, Jüsto will continue its plan for growth and geographical expansion in Brazil, Mexico and Peru, as well as new countries in Latin America, as well as developing its technology platform.

The company said in its statement.

Jüsto has indicated that he will focus on expansion plan To transform, through technology and its practices, an industry Self service, serve yourself In Latin America, a market that represents an opportunity for 600 billion dollarsmentioned.

In this way, the company strives to reach new consumers with a commitment to providing high quality products, fair practices and new distribution channels to suppliers.

This investment is a testament to our investors’ confidence in our business model, our team, and the incredible opportunity we are pursuing.

Note its CEO.

Founded in 2019 by its current CEO, Ricardo Wieder, Jüsto is an online supermarket platform in Mexico and a pioneer in Latin America, offering the sale of supermarket products with home delivery.

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