Digital Services SG 5 Pte Ltd announced that it has received funding from Alpha JWC Ventures, Rocket Internet SE, Global Founders Capital Management GmbH, Insight Venture Management, LLC, Tiger Global Management, LLC
January 05, 2022
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Digital Services SG 5 Pte Ltd announced that it has received series B round of funding led by Tiger Global Management, LLC on January 6, 2022. The transaction included participation from returning investors Alpha JWC Ventures, Rocket Internet SE, Global Founders Capital Management GmbH, and Insight Venture Management, LLC. The company raised a total of $85 million in the transaction through primary and secondary sale of securities.
Rocket Internet SE is a Germany-based company active in the investment management and fund operator industry. The Company identifies, builds, scales and retains ownership of Internet companies. It mainly operates in three sectors: e-commerce, including retail companies in the areas of fashion, general merchandise, home and living, office supplies and food groceries; marketplace, comprising companies active in fields such as real estate, travel, transport and food delivery which offer buyers and sellers venues for direct transactions, among others; and financial technology, containing companies bringing together borrowers and lenders in areas like the consumer and small and medium-sized enterprise segments. As a holding company, Rocket Internet AG holds interests in operating subsidiaries divided into regional Internet groups entailing the geographic regions Africa, Asia Pacific, Latin America and the Middle East. The Company has a controlling interest in HelloFresh GmbH.
Digital Services SG 5 Pte Ltd announced that it has received funding from Alpha JWC Ventures, Rocket Internet SE, Global Founders Capital Management GmbH, Insight Venture Management, LLC, Tiger Global Management, LLC
ROCKET INTERNET SE 
