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Ninja Van owner raises US$30m in Series B funding

Private equity firm Abraaj leads round, joined by Monk's Hill, B Capital and Yahoo Japan

Published Tue, Apr 19, 2016 · 09:50 PM

Singapore

SINGAPORE-based express delivery company Ninja Logistics, which runs the Ninja Van service, has raised US$30 million in Series B funding led by private equity firm Abraaj Group amid growing interest in the regional e-commerce space.

Existing investor Monk's Hill Ventures of Singapore and new investors B Capital Group and Yahoo Japan's YJ Capital joined Abraaj in the fundraising exercise.