Mexico City-based Kavak, an online used car marketplace start-up now valued at $8.7bn, is on a mission to improve transparency, safety and access to financing in the used car market across Latin America.
Carlos Garcia Ottati, a serial entrepreneur who founded Kavak in 2016 after leading other notable start-ups across the region, joined fDi’s Rising Ecosystems podcast to discuss Kavak’s backstory, his outlook for the used car market and what is unique about building a start-up in Latin America.
Listener’s can expect a frank conversation about the influence of e-commerce platform Linio’s on Mexico’s ecosystem, the unique challenges facing entrepreneurs in emerging markets and why Mr Garcia Ottati believes the best talent should join start-ups.
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