Due to the poor connectivity suffered by many internal areas, recharging by digital means is almost an odyssey. Alejandro Repetto and Enrique Cortés Funes have developed Inipay, a device that uses radiofrequency and allows transactions to be processed in real time. This is how they reach rural areas, tourist areas and even crowded events where normal networks break down. They promote themselves as the only one capable of processing payments with and without connectivity. To such an extent that they are patenting it in the United States. They thought of it more as a solution for those who pay but for those who collect. Thus it emerges as a tool for companies of great capillarity, especially those of large consumption. This motivated the fund made up of Coca Cola and Arcor to invest in the start-up, as well as adding other investors such as Globant, Comafi bank, Newtopia and celebrities such as Iván de Pineda. Repetto and Cortés Funes have their first venture as a backdrop, which they called Inipop: they debuted with the autonomous car for the City of Buenos Aires. They were very excited about the push Google was giving them at the time. Alejandro attended Singularity University, the icon of Silicon Valley. But he didn’t thrive. The news is that he has just closed a commercial agreement with Globant to offer his technology in 80 countries. And his clients such as Coca-Cola, Arcor and Shell, among others, are also bringing it to the world.
While it’s already strong in the innovation ecosystem, GridX isn’t widely known outside that universe.O. This company, which defines itself as an accelerator of biotech companies that are at the frontier of knowledge, is owned and was founded by some of the most powerful businessmen such as the owner of Mercado Libre, Marcos Galperin, Hugo Sigman, from the laboratories , the Sielecki family also from the pharmaceutical sector and Miguel Galuccio, owner of the Vista oil company, who is its president. Its CEO is Matías Peire, an expert in fundraising and international alliances, and its scientific advisor is Graciela Ciccia, PhD in Pharmacy and Biochemistry and one of the leading experts in public and private articulation for innovation. Only in the food sector, one of the companies that has accelerated is Beeflow which has revolutionized pollination in the fields. Also Nat4 Bio which biologically protects fruit, Natnova which replaces chemical flavors with organic ones or Tomorrow food which replaces animal proteins with vegetable ones. GridX is characterized by connecting scientific discoveries with the market.
Alejandro Cosentino’s departure as president and CEO from Afluenta has attracted attention in the fintech world, the firm he founded, has been dedicated to “crowdfunding” since 2010, which consists in allocating taxpayers’ money to loans. Since then, with $11 million in private contributions, they’ve generated $100 million in small loans. Cosentino will continue as a minority shareholder. The new CEO is Gabriel Rosado Iturralde and the main shareholder is Roberto Ponce Romay, both based in Miami.
With Mendoza birth certificate and creative credentials, Andrés Ridois is characterized in the wine sector by special names for which he produces. He started working at the Catena and it is he who designed the labyrinth in honor of Jorge Luis Borges in San Rafael. His cellar is called Sin Reglas, located in Alto Agrelo. He has wines with drawings on the label by the painter Leandro Olive in honor of the archangels. And others in a line called the Thousand Demons.
JETRO, the Japan Foreign Trade and Investment Promotion Organization of Japan, conducted its annual survey of Japanese companies to find out their situation in Latin America. In Argentina, of the 54 Japanese companies, 43 responded. They expressed their concern about “exchange rate fluctuations, rising costs of logistics and raw materials, and the impact of measures restricting foreign trade” . Regarding the investment environment in Argentina, more than half of companies consider the size and growth potential of the Argentine market to be an advantage when investing in the country. Although among the risks, they continue to be very high due to “an unstable political and social situation, exchange rate volatility, and lack of transparency in local political management, such as the regulation of foreign investment”
Source: Clarin
