Jakarta-headquartered online grocery shopping startup, HappyFresh has completed a funding round of $12 million led by Singapore’s Temasek Holdings‘ venture arm, Vertex Ventures, and Sinar Mas Digital Ventures (SMDV), the venture arm of Sinar Mas Group of Indonesia.
Other investors participating in the Series A round include Asia Venture Group, Beenext, Ardent Capital, 500 Startups and Cherry Ventures, the company announced on Monday.