How much funding has i Cart raised?

i Cart has raised $107.0M in total funding, most recently a Series D round.

Who are i Cart's investors?

i Cart's investors include Naver Financial, Gafina B.V., Vertex Ventures, Sinar Mas Digital Ventures (SMDV).

Where is i Cart headquartered?

i Cart is headquartered in Jakarta, Indonesia.

i Cart

Leading Online Grocery App in Southeast Asia

Jakarta, Indonesia · Founded 2015 · $107.0M raised

E-Commerce

Headquarters: Jakarta
Employees: 51–200
Founded: 2015
Business Model: Marketplace

Website: happyfresh.my
Total Funding: $107.0M
Last Round: $65.0M Series DJul 2021
Rounds: 4

About

HappyFresh was Southeast Asia's first Instacart-style one-hour online grocery delivery platform, launched in 2015 and headquartered in Jakarta, Indonesia. The platform connected consumers with local supermarkets and grocery stores across Indonesia, Malaysia, and Thailand, offering same-day delivery through a mobile app and website. HappyFresh raised venture capital backing and expanded rapidly across the region; however, it shut down its Malaysia operations in September 2022 amid widespread consolidation in the on-demand grocery sector.

Summary

i Cart is an E-Commerce company based in Jakarta, Indonesia, founded in 2015. It has raised $107.0M in total across 4 rounds, most recently a $65.0M Series D round in Jul 2021. Investors include Naver Financial, Gafina B.V. and Vertex Ventures.