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, itâ€™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.