The South-East Asian startup joins a select club of firms that have raised significant money this year, including Indonesian online marketplace GudangAda with a US$25.4mil deal.
SINGAPORE: Singapore’s Ninja Van has raised US$279mil from backers, including France’s GeoPost SA and ride-hailing giant Grab Holdings Inc, scoring one of South-East Asia’s largest startup investments since Covid-19 was declared a pandemic.
Facebook co-founder Eduardo Saverin’s B Capital Group and Monk’s Hill Ventures were among those that took part in the parcel delivery firm’s Series D round, completed after the outbreak drove a surge in online shopping among people sheltering at home. The South-East Asian startup joins a select club of firms that have raised significant money this year, including Indonesian online marketplace GudangAda with a US$25.4mil deal.
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