Total amount raised
$32.5 Millions
Latest funding date
4/1/2016
Location
Ninja Van has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The company specializes in providing tailored logistics and courier solutions, particularly for the e-commerce sector.
Keep reading to explore the intricacies of Ninja Van's fundraising journey and the investors backing this innovative platform.
What Is Ninja Van?
Ninja Van, founded in 2014 in Singapore, is a leading logistics and courier service company specializing in e-commerce logistics. The company was established by Boxian Tan, Chang Wen Lai, and Shaun Chong.
With a workforce of 5001-10000 employees, Ninja Van offers innovative technology-based solutions for reliable last-mile delivery, enabling easy package tracking. The company addresses the last mile problem through strategic partnerships and a cutting-edge technology stack.
For more detailed information, you can visit their Crunchbase profile or their official website.
How Much Funding Has Ninja Van Raised?
- Series A
- Amount Raised: $2.5M
- Date: March 2015
- Lead Investors: Monk’s Hill Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and expand market presence.
- Series B
- Amount Raised: $30M
- Date: April 2016
- Lead Investors: Abraaj Group, Monk’s Hill Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance technology and expand delivery network.
- Series C
- Amount Raised: $85M
- Date: January 2018
- Lead Investors: DPD group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support regional expansion and improve logistics infrastructure.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 2019
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue growth and innovation in logistics solutions.
- Corporate Round
- Amount Raised: Not publicly disclosed
- Date: April 2019
- Lead Investors: Grab
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To leverage strategic partnerships for market expansion.
- Series D
- Amount Raised: $279M
- Date: April 2020
- Lead Investors: Geopost, Zamrud Sovereign Wealth Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance service capabilities and expand into new markets.
- Series E
- Amount Raised: $578M
- Date: September 2021
- Lead Investors: Alibaba Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and strengthen logistics network.
- Debt Financing
- Amount Raised: $50M
- Date: October 2024
- Lead Investors: HSBC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To boost regional growth and develop new logistics services.
Total Amount Raised: $1.0245B. Current Valuation: Not publicly disclosed.
Key Investors
- HSBC
- Details: HSBC is a global banking and financial services organization headquartered in London. It operates in over 60 countries and serves more than 40 million customers worldwide.
- Investment Focus Areas: Banking, financial services, investments.
- Notable Investments: HSBC has invested in various sectors including fintech, real estate, and healthcare.
- Alibaba Group
- Details: Alibaba Group is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. Founded by Jack Ma in 1999, it has grown to become one of the world's largest e-commerce companies.
- Investment Focus Areas: E-commerce, cloud computing, digital media, entertainment.
- Notable Investments: Alibaba has invested in companies like Lazada, Ant Financial, and Ele.me.
- Geopost
- Details: Geopost is a global parcel delivery network and a subsidiary of La Poste, the French postal service. It operates under the DPDgroup brand, which is one of the largest international parcel delivery networks in Europe.
- Investment Focus Areas: Logistics, parcel delivery, transportation.
- Notable Investments: Geopost has invested in various logistics and delivery companies.
- Zamrud Sovereign Wealth Fund
- Details: Zamrud Sovereign Wealth Fund is a sovereign wealth fund that invests in a diverse range of sectors. It aims to generate long-term returns for its stakeholders.
- Investment Focus Areas: Technology, infrastructure, real estate.
- Notable Investments: The fund has invested in various high-growth sectors.
- Grab
- Details: Grab is a Southeast Asian technology company offering ride-hailing, food delivery, and digital payments services. Founded in 2012, it has expanded its services across multiple countries in the region.
- Investment Focus Areas: Transportation, food delivery, financial services.
- Notable Investments: Grab has invested in companies like OVO, Kudo, and iKaaz.
What's Next for Ninja Van?
Ninja Van is poised to capitalize on significant opportunities in the logistics sector, particularly in Southeast Asia. With a $50 million revolving credit facility from HSBC, the company aims to enhance its e-commerce express logistics, B2B restocking, and cold chain delivery services. This financial backing positions Ninja Van to strengthen its market presence and attract further investments.
Future fundraising efforts are likely to be bolstered by the strong support from major investors like GeoPost and Alibaba Group. However, the company must navigate competitive pressures and ensure the effective utilization of its financial resources to sustain growth. As industry trends favor logistics innovation, Ninja Van's strategic initiatives could pave the way for continued success.
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