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Oico snags investment to perfect construction materials marketplace

And for Brazilian entrepreneurs, Pedro Dellagnelo and Pedro Rocha, the construction materials market still had a big brick and mortar approach in need of updating. And amidst the pandemic, they launched their marketplace Oico and with four months of operating, it’s already closed an investment for US$1.5 million. As a result, I expect more specialized marketplaces to arise and gain a foothold. But even before the Covid-19 outbreak, there were already some specialized marketplaces. Rapicare, a Brazilian startup that connects small healthcare centers with suppliers raised US$1 million last month.

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