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Thursday, December 1, 2022



BDA Advises HappyFresh on US$65 Million Series D Capital Raise

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New York, NY, August 03, 2021 –(PR.com)– BDA Partners is pleased to announce that its client, HappyFresh, has successfully raised US$65m in Series D funding led by Naver Financial Corp and Gafina BV, followed by STIC, LB Investment, and Mirae Asset Indonesia & Singapore. Existing investors such as Mirae Asset-Naver Asia Growth Fund and Z Venture Capital also participated in the current round. The round exceeded initial targets, due to significant demand from new and existing investors. BDA was exclusive financial advisor to HappyFresh on the transaction.

HappyFresh is SE Asia’s leading online groceries platform, headquartered in Jakarta with operations in Indonesia, Malaysia and Thailand.

HappyFresh’s services include online groceries for mass customers and pantry supplies for corporate clients, partnering with well-known retail chains since 2015. Over the past 18 months, HappyFresh has been experiencing unprecedented growth….

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