Skip to main content
Menu: Transversal
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Legal Guide
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Visit Colombia
    • Colombia Country Brand
letter
Header
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Mapa de oportunidades
    • Legal Guide
    • Guía legal
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Actualiadad
    • Visit Colombia
    • Visita Colombia
    • Colombia Country Brand
    • Marca Colombia

Invest in Colombia

Invest in Colombia
Main navigation
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
    • Top investment opportunities
      • Investor
      • Colombian companies
  • EN
  • ES
lsearch
Sign in
  • Sign in
  • Create account
Choose your profile

Welcome, please choose the profile that best suits your business to login or register.

Colombian Companies Investor
  • EN
  • ES
Navegación principal
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
    • Top investment opportunities
      • Investor
      • Colombian companies
Síganos:
Invest
now!
Softbank de Japón invierte US$ 1.000 millones en app colombiana Rappi
Breadcrumb
  1. Home
  2. Artículos y Herramientas
  3. Artículos
  4. Japan’s SoftBank Invests US $1 Billion in Colombian Delivery Startup Rappi

Japan’s SoftBank Invests US $1 Billion in Colombian Delivery Startup Rappi

Software and IT Services
Newsletter
Share
  • Twitter
  • Facebook
  • Linked in
27 of October of 2020

This year, Softbank made the largest single investment transaction in a Latin American tech startup, announcing a US $1 billion investment in Rappi, the popular Colombian online on-demand delivery platform.

Based in Bogotá, Colombia, the on-demand delivery startup has taken the region by storm, attracting a record amount of venture capital funding in mere months. This is the beginning of a new round of explosive growth as SoftBank, the Japanese telecom giant and prolific Silicon Valley tech investor, has confirmed a US $1 billion investment in the business.

The king-sized financing comes two months after SoftBank announced its Innovation Fund, a new pool of capital committed to spending initially more than US $5 billion on the growing tech ecosystem in Central and South America.

SoftBank plans to transfer the Rappi investment to the Innovation Fund upon the fund’s establishment. For now, the SoftBank Group and affiliated Vision Fund will each invest US $500 million in the company.

The latest round, the largest ever for a Latin American tech startup, brings Rappi’s total raised to date to a whopping US $1.2 billion. The company was valued at more than US $1 billion last year with a US $200 million financing.

Rappi is among few venture-backed “unicorns” based in Latin America. São Paulo-based Nubank, a fast-growing fintech startup, garnered a US $4 billion valuation last year with a US $180 million investment.

Softbank's investment is considered one of the first mega investment projects under the administration of President Iván Duque's Government and in turn, as an anchor investment, which seeks to promote the arrival of new foreign capitals to different productive sectors in Colombia.

The arrival of Softbank's investment in Colombia, was supported by ProColombia, the entity in charge of promoting foreign direct investment, non-traditional exports, tourism and the Country Brand of Colombia.

Articles related

13 of January of 2023
Cosmetics and personal care
Cosmetics Industry.

Colombian cosmetics industry and their commitment to sustainability

13 of December of 2022
Opportunities
Modernizing the production plants in Colombia.

Foreign companies invest in modernizing and expanding their production plants in Colombia

24 of November of 2022
Information technology and creative industries
Sustainability projects in Colombia.

Alternative projects and initiatives around sustainability in Colombia

21 of November of 2022
Real Estate
Investing in commercial real estate in Colombia.

Commercial real estate in Colombia: A strong investment alternative

21 of November of 2022
Investment incentives
Companies that trust in Colombia.

Companies and investors that trust in Colombia

Pre Footer
  • About Procolombia
  • Ministries and Embassies
  • Regional Information
  • Documents and White papers
Procolombia
Colombia Co
Procolombia
Colombia Co
  • Calle 28 No 13A - 15 Floor 35-36 Bogotá - Colombia
  • PBX: +57 601 5600100 - Fax: +51 601 5600104
  • Monday through Friday 8:30 a.m. - 5:30 p.m.
Footer
  • Citizen Services
  • Complaints
  • Contact Us
  • Work with us
  • Sustainability Report
Síganos:
Footer Final
  • About this site
  • Terms of use
  • Personal Data Protection
Síguenos:
X
  • Create new account
  • Request new password