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Abraaj Leads Funding Round for Asian E-Commerce Play Ninja Van

  • Monk's Hill, B Capital, YJ Capital join $30 million round
  • Ninja Van plans to expand in Thailand, Vietnam, Philipppines

Dubai-based private equity firm Abraaj Group has led a $30 million fundraising round into the owners of Ninja Van, which delivers parcels in Southeast Asian countries including Singapore and Indonesia.

The investment in Ninja Logistics Pte underscores Abraaj’s push into e-commerce, the company said in an e-mailed statement Tuesday. Its other investments include Urbano, which provides courier services in Peru, Ecuador and El Salvador, and Aramex in the Middle East.