Lima, the capital city of Peru, is growing into a global startup hub. Situated in the centre of South America, this economy has been churning out innovative startups in areas like finance, health and sustainability.
According to The World Bank, The Peruvian economy is expected to grow 2.7% in 2024. This has been driven forward by increasing investment in the region, fuelling this digital innovation.
Why Is Lima, Peru A Good Place To Start A Business?
Peru’s economy has been growing, especially in sectors like tech, retail and services. This has been driven by initiatives such as StartUp Perú and Innovate Perú which act as incubators, making it easier to launch and sustain a business.
Lima is also perfectly positioned for wider trade routes with Latin America, North America, and Asia, helping businesses expand through export. Additionally, the influx of accelerators and co-working spaces in the city make it a great place for businesses to flourish.
Here, we take a look at 8 companies in Lima, Peru that we think are worth watching.
1. Turuta – Urban Transport
Turuta is helping Peruvians navigate cities more easily with their real-time transport app. The app tracks more than 3000 buses, allowing people to find the quickest and most direct routes wherever they are going.
Their GPS connection allows the app to provide up to date information, allowing people to navigate urban areas more easily.
2. Kambia – Business Loans
Kambia is a financial loans company that helps businesses get the funds they need to grow and flourish.
By providing quick access to funds, business owners can access the capital they need to start their entrepreneurial journey.
3. Pixmap – Image Analysis
Pixmap is a software that analyses images for e-commerce sites, optimising how they can attract the attention of customers.
By using their platform to test digital content, companies are able to more accurately figure out how to attract the attention they need. By analysing structure, content and composition, businesses can better understand how to appeal to people online.
4. OlaClick – Digital Ordering For Restaurants
OlaClick is a digital platform that allows restaurants to create online menus and ordering systems.
Targeting small to medium-sized restaurants, the app helps businesses manage deliveries, take payments and track inventory.
This is allowing local restaurants to manage orders more efficiently and expand their customer base.
5. Helpers – Home Services Professionals
Helpers connects home owners with professionals who can help them with a wide range of home services, from plumbing and electrical work to cleaning and painting.
Through their platform, users can book service providers on demand, making home maintenance more easy and efficient.
6. Talently – Tech Talent Recruitment
Talently is an AI platform that connects Latin American tech companies with the best candidates
With over 70,000 people on the database, the AI is able to recommend personalised options in no time. This not only allows tech companies to build better workforces, but helps people find their dream jobs.
7. Udocz – Learning Resources
Udocz is helping students access the learning resources they need with access to books, summaries, manuals and exercises created by students and teachers.
By providing helpful revision guides, alongside an AI tutor, students all over Peru are able to study more efficiently.
8. Cirkula – Surplus Marketplace
Cirkula helps businesses reduce waste by allowing them to sell surplus products.
By providing customers with the option to purchase excess food at a reduced rate, the company is helping eliminate unnecessary food waste.