Naver Financial Corporation co-led the grocery ordering app operator’s series D round, which included fellow corporate venturer Z Venture Capital.

Indonesia-based grocery delivery platform HappyFresh has closed a $65m series D round featuring internet groups Naver and Z Holdings, DealStreetAsia has reported, citing regulatory filings.

Naver subsidiary Naver Financial Corporation and a vehicle called Gafina co-led the round, which included investment firm Mirae Asset’s Indonesia and Singapore-based subsidiaries.

Mirae Asset-Naver Asia Growth Fund, a joint venture between Naver and Mirae Asset, also took part, while Z Venture Capital did so on behalf of Z Holdings, a joint venture between Naver…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn