Yahoo Japan-backed Ninja Van is reportedly seeking at least $60m in a series C round supported by existing investors such as Abraaj Group.
Ninja Van, a Singapore-based last-mile delivery service backed by internet company Yahoo Japan, is aiming to secure at least $60m in a series C round, Reuters reported yesterday.
Private equity firm Abraaj Group is reportedly set to return, as are other, unnamed shareholders.
Ninja Van operates a last-mile logistics service in six countries across Southeast Asia, enabling e-commerce companies to deliver goods to consumers. The company partners transport fleets and uses algorithms to manage routes.
The series C round would…
