Brazilian startup education receives injection of $83 mm

Startup of preparatory courses for Enem and university exams Descomplica announced that it has received an investment of R$ 450 million ($83 mm), illustrating how digital education in Brazil has been gaining the attention of investors, after the Covid-19 pandemic accelerated a movement already booming. The investment, led by Invus Group and SoftBank, will be used in Descomplica College, for acquisitions and development of new products, the company said in a statement.

Source: Money Times