Telefonica Brasil Invests in Agrolend via Vivo Ventures

Telefonica Brasil (VIV) has released an update.

Telefonica Brasil, through its Vivo Ventures fund, has announced a minority investment of $1.55 million in AGL Holding, the parent company of Agrolend. The acquisition represents a 0.9% stake in Agrolend, aimed at enhancing the company’s corporate venture capital initiatives. This move is part of Telefonica’s strategy to diversify its investment portfolio.

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