Brazilbased descomplica 83m softbank !

Recently, Brazil’s economy continues to grow and this development, the demand for higher management has increased. The Brazilian start-up Descomplica has received $83 million in funding from Softbank Group and a number of contributors to meet this need. The company plans to use the money to acquire and develop 33 new products and applications over the next 12 months.

Descoplica’s mission is to create the most popular online college in Brazil. Quarterly revenue shows that in the peak month of September, 820,000 students enrolled in the Croton Higher Education Institute of Cagna Educacao S.A., the largest institution in Brazil. This department helps students to prepare for standardized tests for admission to Descomplica University and executive positions. The company also offers undergraduate courses and serves more than five million customers every month.

A number of big investors invested in the company in the new round, including SoftBank, the Chan Zuckerberg Initiative, Inves Group and U2 singer The Edge. With this new funding, Descoplica is well positioned to achieve its goal of being the largest online college in Brazil.

First story

Descoplica was founded in 2011 by three Brazilian entrepreneurs, Rodrigo Maza, Gustavo Guevara and Fabio Angelo. The company started as a test preparation platform for students taking the Brazilian college entrance exam, commonly known as Vestibular.

In 2013, Descoplica expanded its solutions to include licensed applications. Over the next 12 months, the company released a mobile app. In 2015, Descoplica was acquired by the management company Grupo A, despite the three founders having a small share in the company.

In 2018, Descomplica raised $50 million from SoftBank’s Imaginative and Precious Funds and various subsidiaries. The company used the money to expand its operations, hire new employees and open offices in the United States.

In 2019, Descomplica reportedly raised another $83 million from SoftBank Group and a separate subsidiary. The company plans to use the money to acquire and develop 33 new products and applications over the next 12 months.

Things and companies.

Descomplica offers many tools for exam preparation and graduates. Company products can be searched online and through mobile applications.

The Descomplica test preparation tool helps students pass the Brazilian college entrance exam, commonly known as the vestibular. The company also provides applications for faculty students who take the civil service exam of Brazilian workers.

In addition to exam preparation solutions, Descoplica offers graduate applications. Company applications are submitted online and receive video tutorials, research tools and strategies from consultants.

Descomplica has over 5 million monthly customers. Company products may be available in Brazil, the United States and other countries.

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