Hugo, an on-demand delivery and services provider focused on Central America and the Caribbean, intends to channel up to $10m into the vehicle.
Hugo, the El Salvador-based operator of an on-demand consumer goods delivery app, has launched a strategic investment fund set to be up to $10m in size, Contxto has reported.
Hugo Ventures will invest in seed rounds for digitisation-focused companies that are either based in Latin America or looking to move to the region, particularly businesses serving Central America or the Caribbean.
Founded in 2016, Hugo offers an on-demand micro-logistics app where consumers and businesses across six Central American and Caribbean…
