Press Release

Macquarie Equity Capital Solution helps successful closing of Ninja Van’s $US279 million Series D funding

Singapore, 05 May 2020

Macquarie Commodities and Global Markets (“Macquarie”) today announced its Equity Capital Solutions team has helped the successful closing of Ninja Van’s $US279 million Series D funding.

The round was led by existing investor GeoPost alongside two sovereign wealth funds, with returning participation from B Capital Group and Monk's Hill Ventures. Other investors joining the round include Carmenta, Grab, Golden Gate Ventures Growth Fund and Intouch Holdings.

Sebastian Jones, Head of Equity Capital Solutions, ASEAN at Macquarie Commodities and Global Markets, said: “We are delighted to have acted for Ninja Van on this landmark transaction. It is encouraging but not surprising to see such strong demand for high quality private companies servicing Southeast Asia’s rapidly growing internet economy. This transaction builds on Macquarie’s track record as a leading advisor to private companies and showcases our ability to present opportunities to a differentiated and global audience."

 

About Ninja Van

Ninja Van is a tech-enabled express logistics company providing delivery solutions for businesses of all sizes across Southeast Asia. Today, Ninja Van has grown its network to cover six countries: Singapore, Malaysia, Philippines, Indonesia, Thailand and Vietnam. Learn more: https://www.ninjavan.co/.

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