Mexican e-commerce aggregator Merama raised $80M in financing led by JP Morgan.
With the funds, Merama will refinance its existing debt and continue to grow its portfolio.
Merama partners with Latin American e-commerce sellers by acquiring a stake in their businesses, fostering growth, and providing non-dilutive working capital.
“We adopt a house of brands strategy, preserving the identity and operational independence of each business unit in our portfolio. This is supported by an omnichannel approach, integrating distribution and communication channels for competitive market alignment,” said Felipe Delgado, Co-founder and CFO of Merama.
Founded in 2021, Merama achieved an EBITDA of over $100M in 2023, doubling its growth organically from the previous year.
