Perú typically conjures up the image of Machu Picchu’s stunning views, not necessarily the image of a thriving technology hub, however, it continues to have one of the best-performing economies and fastest-growing startup scenes.
In 2018, Peru attracted more impact investment capital than Mexico, a long time leader in the region. And in 2019 a new record was set for the amount of capital invested into Peruvian startups, a 24% increase compared to 2018, from which an staggering 37% went to edtech.
The Neo Group, which compares and analyzes different regions and countries, stated that Peru, despite suffering from some shortages of technical talent as demand grows rapidly, has a “thriving” IT industry. This is one of the reasons Belatrix Software recently expanded its delivery center in Lima, and now has 150 software engineers working in the city.Learn more about the Holberton methodology