iFood Acquires HR Startup Caju

Brazilian corporate benefits provider iFood Benefícios announced the acquisition of Caju, a startup offering HR and expense solutions. The deal strengthens iFood's position in Brazil's market, which processes approximately $28 billion annually. iFood serves 65,000 corporate clients and 1.7 million users, while Caju has more than 70,000 corporate clients and 1.3 million users.