Global business updates: Rundoo funding and Brazilian corporate shifts

Various companies across the technology and retail sectors are announcing significant financial movements. Rundoo, an AI-native operating system for independent supply stores, has secured $30 million in Series B funding, bringing its total to $48 million. The company plans to expand its engineering and marketing teams in the US and Canada.

In Brazil, several major corporations are executing capital allocation strategies. Marcopolo announced dividend payments and a share buyback program of up to 49 million preferred shares. TIM has approved a new share buyback program of up to R$ 1 billion, valid until 2028. Meanwhile, Minerva Foods approved a capital increase through the exercise of subscription bonuses.

The corporate benefits market is also seeing intense competition. BTG Pactual has entered the sector with its BTG Benefícios card, targeting the R$ 150 billion market. This move follows similar expansions by C6 Bank and the growth of startups like Flash, which recently raised R$ 150 million in a Series D round to challenge established players like Alelo and Ticket.

In the retail sector, Marisa is undergoing operational restructuring to improve competitiveness despite a significant decline in its stock price over the last six months.