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Homeecommerce marketplaceGrocery e-commerce startup, Kurly closes an upsized $113M Series D round.

Grocery e-commerce startup, Kurly closes an upsized $113M Series D round.

Kurly, startup e-commerce on grocery delivery in Korea announced that it had closed an upsized Series D round that secured a total of $113 million.

The company reported the round in April when it was at $88 million. Investors who led this include Sequoia China. However, the company has now increased by $25 million following an injection from, Meitua, China’s illhouse Capital, a firm that counts Tencent, and JD.com among its most successful investments.

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Launched in 2015 by former Goldman Sachs and Temasek analyst Sophie Kim, its Kurly Market service is designed to provide groceries and produce to customers who don’t have the time or interest to visit regular retail stores for their shopping.

Kurly Market products focus on quality and convenience over price

For more information visit: Grocery e-commerce startup, Kurly closes an upsized $113M Series D round.

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Alf Alferez
Author: Alf Alferez

Dedicated writer with a strong track record of developing customer loyalty and managing general office operations. Enjoy being a part of a company where my skills and creative ideas will benefit the overall productivity of the organization. I have a strong desire to work in helping make the world a better place. Please reach out to me on [email protected]

Author

Dedicated writer with a strong track record of developing customer loyalty and managing general office operations. Enjoy being a part of a company where my skills and creative ideas will benefit the overall productivity of the organization. I have a strong desire to work in helping make the world a better place. Please reach out to me on [email protected]