Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Mirae Asset-Naver Asia Growth Fund

Investor type Venture Capital

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Looking for a perfect list of funds?

Get recommendations from our smart algorithm

Get the list
Total investments 21
Average round size
info
The average size of a deal this fund participated in
$147M
Portfolio companies 16
Lead investments 5
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.24
Exits 2
Key employees Soon

Areas of investment

  • E-Commerce
  • Internet
  • E-Commerce Platforms
  • Online Portals
  • Shopping
Summary

The fund is generally included in 2-6 deals every year. The typical startup value when the investment from Mirae Asset-Naver Asia Growth Fund is more than 1 billion dollars. The top activity for fund was in 2019. Deals in the range of more than 100 millions dollars are the general things for fund.

Besides, a startup needs to be aged 6-10 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight GrabTaxi, Bukalapak, BigBasket. Among the most popular fund investment industries, there are Delivery Service, Internet. The fund has exact preference in a number of founders of portfolio startups. When startup sums 3 or 5+ of the founder, the probability for it to get the investment is little.

The standard case for the fund is to invest in rounds with 4 partakers. Despite the Mirae Asset-Naver Asia Growth Fund, startups are often financed by Vertex Ventures, International Finance Corporation, InnoVen Capital. The meaningful sponsors for the fund in investment in the same round are Vulcan Capital, Vertex Ventures Southeast Asia & India, Vertex Ventures. In the next rounds fund is usually obtained by Microsoft, Hyundai Motor Company, Booking Holdings.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Mirae Asset-Naver Asia Growth Fund:
Typical Co-investors
Mirae Asset-Naver Asia Growth Fund is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Mirae Asset-Naver Asia Growth Fund:
There are no funds here. If we find new data, we will add it here.

Look at other 50 related and similar funds Collapse list
Fund NameLocation
AquaSpark Center District, Israel, Rishon Lezion
Beijing Lanpu Capital Management Beijing, Beijing, China
Benhamou Global Ventures California, Palo Alto, United States
Erste Oetker Beteiligungs -
First Light Asset Management Hennepin, Illinois, United States
Harrington Family Hudson, Ohio, United States
Tribune Capital Canada, Saskatchewan, Weyburn
Ulead Systems -
Vensure Enterprises -
Zola Global Investors -

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Tiki Corporation

E-Commerce
Retail
Shopping
$258M19 Oct 2021 Vietnam, Ho Chi Minh City, Vietnam

HappyFresh

E-Commerce
E-Commerce Platforms
Mobile
$65M27 Jul 2021 Cilandak, Jakarta Raya, Indonesia

Trell

Lifestyle
Social Network
Social Shopping
Video
$44M12 Jul 2021 Bengaluru, Karnataka, India

Bank Bisnis

$38M24 May 2021 Bandung, West Java, Indonesia

KreditBee

Financial Services
FinTech
Internet
Lending
$71M15 Feb 2021 Bengaluru, Karnataka, India

Bukalapak

E-Commerce
E-Commerce Platforms
Internet
Online Portals
14 Jan 2021 Jakarta, Jakarta Raya, Indonesia

Carousell

Classifieds
Consumer
Consumer Goods
E-Commerce
Marketplace
Mobile Apps
$80M15 Sep 2020 Singapore, Central, Singapore

iPrice Group

Coupons
E-Commerce
Shopping
$10M02 Mar 2020 Kuala Lumpur, Malaysia

Shadowfax

Delivery Service
E-Commerce
Internet
Logistics
Supply Chain Management
$60M05 Dec 2019 Bengaluru, Karnataka, India
News
Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina

– HappyFresh, the on-demand grocery app based in Indonesia, announced it has raised a $65 million Series D.
– The round was led by Naver Financial Corporation and Gafina B.V., with participation from STIC, LB and Mirae Asset Global Investments.
– It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital.
– Founded in 2014, HappyFresh was the first Instacart-style grocery delivery service to launch in Southeast Asia.
– It expanded into five markets before shutting down its operations in Taiwan and the Philippines in 2016.
– It continues to operate in Indonesia, Malaysia and Thailand.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Mirae Asset-Naver Asia Growth Fund?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: