# Latin America Internet Holding

Latin America Internet Holding is an Asset Manager based in Berlin, Germany.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Berlin, Germany
- **Region:** Europe
- **Address:** Berlin, Germany
- **Assets under management:** Undisclosed
- **LinkedIn:** linkedin.com/company/latin-america---net

## Regulatory record

- **Reports private funds:** No

## About

Latin America Internet Holding is a holding company owned by Rocket Internet and Millicom. It operates online and e-commerce services in Brazil, Mexico, Colombia, Venezuela, Peru, Chile, and Argentina. The company has made three investments, including a Series A investment in ClickBus on August 20, 2014.

## Sectors

- Consumer Internet
- E-Commerce
- FinTech
- Marketplaces

## Questions

### What was the corporate relationship between Latin America Internet Holding, Rocket Internet, and Millicom?

Latin America Internet Holding was a joint venture between Rocket Internet SE and Millicom International Cellular S.A. Rocket Internet contributed its incubation methodology and startup playbooks; Millicom provided regional infrastructure, mobile distribution channels, and local market access through its telecom operating companies. The venture was later folded into Global Fashion Group and other portfolio entities as the individual companies matured.

### Is Latin America Internet Holding still an active investment vehicle?

No. The holding company's active investment period was concentrated in the 2010s. Its major assets were consolidated or sold — Dafiti into Global Fashion Group and Linio to Falabella in 2018. Rocket Internet has since wound down its incubator model and returned capital to shareholders, while Millicom refocused on telecom. Latin America Internet Holding does not appear to be making new investments.

### How was Latin America Internet Holding structured compared to a typical venture capital fund?

It operated as a corporate holding company rather than a blind-pool fund. The two corporate parents — Rocket Internet and Millicom — provided the capital directly and had operational control. This gave it permanent capital with no fund-life constraints, but also meant investment decisions were subject to the strategic priorities of two listed corporations rather than independent investment committees.

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Last updated: 2026-06-03T20:00:00.000Z

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