Japan's Softbank to invest $48 million in Brazil pet products site Petlove

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The investment will come from Softbank’s Latin America fund, adding to previous venture capital investment from KasZek Ventures, Monashees and private equity firm Tarpon.

Founder Marcio Waldman said in a statement the investment would help accelerate Petlove’s growth amid higher demand for online services during the social isolation period mandated by Brazilian authorities.

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