IguanaFix, an Argentine Start-Up, Raises $16 Million
ByRIO DE JANEIRO — IguanaFix, a home-services start-up based in Buenos Aires, has raised $16 million from Temasek Holdings, an investment company in Singapore, and Qualcomm Ventures.
The new financing round, which closed on Monday, will fuel the company’s expansion beyond its base, in particular in Brazil and Mexico, said Matias Recchia, the co-founder and chief executive of IguanaFix.
The company, founded in 2013, is an on-demand home improvement marketplace and service provider. It connects professionals like plumbers and electricians with consumers and retail stores. The company bears similarities to the Indian start-up Housejoy, which Qualcomm Ventures also backs…