DST Global

DST Global, founded by Yuri Milner in 2009, is a prominent venture capital firm based in Grand Cayman, Cayman Islands, with additional offices in key cities such as Menlo Park, New York, London, Beijing, and Hong Kong. The firm specializes in making minority investments in high-growth internet companies, focusing on sectors like information technology, mobile, e-commerce, and the Internet of Things. DST Global has built a notable portfolio that includes major players like Facebook, Twitter, and Airbnb. The firm is recognized for its innovative approach to providing liquidity through mixed primary and secondary transactions, often termed "DST type deals," which benefit founders, employees, and early investors.

Saurabh Gupta

Co-Founder & Managing Partner

John Lindfors

Co-Founder

Tom Stafford

Co-Founder & Managing Partner

Past deals in FMCG

Frubana

Series C in 2021
Frubana S.A.S. is a Bogotá-based B2B platform established in 2018 that specializes in providing fruits, vegetables, and other agricultural products to restaurants and small retailers in Latin America. By eliminating intermediaries in the food supply chain, Frubana enhances price transparency and reduces barriers to trade, allowing restaurants to source ingredients directly from producers. The company operates an online store that facilitates logistics and builds trust within the marketplace, ensuring that clients have access to quality food products efficiently.

Gorillas

Series C in 2021
Gorillas Technologies GmbH is a grocery delivery service founded in 2020 and headquartered in Berlin, Germany. The company operates an application that allows consumers to order groceries at retail prices and aims to deliver these products within 10 minutes of placing an order. By aggregating a wide range of supermarket offerings, Gorillas seeks to provide a fast and convenient shopping experience for its customers.

Gorillas

Series C in 2021
Gorillas Technologies GmbH is a grocery delivery service founded in 2020 and headquartered in Berlin, Germany. The company operates an application that allows consumers to order groceries at retail prices and aims to deliver these products within 10 minutes of placing an order. By aggregating a wide range of supermarket offerings, Gorillas seeks to provide a fast and convenient shopping experience for its customers.

Cider

Series B in 2021
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Kurly Inc.

Series F in 2021
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.

Kurly Inc.

Series F in 2021
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.

Cider

Series A in 2021
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Dingdong Maicai

Series D in 2021
Dingdong Maicai is a rapidly growing online retail platform based in Shanghai, China, specializing in the sale of fresh produce and daily necessities. Founded in 2014, the company leverages a big data-driven approach to optimize its operations and improve customer experience. By utilizing self-developed data models and historical sales data, Dingdong Maicai predicts future orders, which helps reduce waste and ensure product availability. The platform offers a wide range of products, including fresh vegetables, seafood, meat, fruits, and organic items. Customers can conveniently shop through the Dingdong Fresh app and mini-programs, which facilitate direct delivery to households. The company generates revenue primarily through the sale of these fresh groceries and membership services, establishing itself as a key player in the community-based e-commerce sector in China.

Gorillas

Series B in 2021
Gorillas Technologies GmbH is a grocery delivery service founded in 2020 and headquartered in Berlin, Germany. The company operates an application that allows consumers to order groceries at retail prices and aims to deliver these products within 10 minutes of placing an order. By aggregating a wide range of supermarket offerings, Gorillas seeks to provide a fast and convenient shopping experience for its customers.

Kurly Inc.

Series E in 2020
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.

Kurly Inc.

Series C in 2018
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.

Flipkart

Series H in 2014
Flipkart India Private Limited operates an e-commerce marketplace that engages in the wholesale trading/distribution of books, mobiles, computers and related accessories, apparel, home and furniture products, sports and books, and others online products. The company was founded in 2009 and is based in Bengaluru, India. Flipkart India Private Limited operates as a subsidiary of Flipkart Private Limited.

Flipkart

Series G in 2014
Flipkart India Private Limited operates an e-commerce marketplace that engages in the wholesale trading/distribution of books, mobiles, computers and related accessories, apparel, home and furniture products, sports and books, and others online products. The company was founded in 2009 and is based in Bengaluru, India. Flipkart India Private Limited operates as a subsidiary of Flipkart Private Limited.

Flipkart

Series F in 2014
Flipkart India Private Limited operates an e-commerce marketplace that engages in the wholesale trading/distribution of books, mobiles, computers and related accessories, apparel, home and furniture products, sports and books, and others online products. The company was founded in 2009 and is based in Bengaluru, India. Flipkart India Private Limited operates as a subsidiary of Flipkart Private Limited.

Alibaba Group

Private Equity Round in 2011
Alibaba Group is a leading global online and mobile commerce company based in Hangzhou, China, founded in 1999. The company operates a diverse range of platforms, including Taobao, a consumer-to-consumer marketplace, and Tmall, a business-to-consumer platform. Alibaba also manages Alibaba.com and 1688.com for wholesale transactions, along with AliExpress for international retail. Its services extend beyond e-commerce to cloud computing, digital media and entertainment, and local consumer services. Key assets include Cainiao, a logistics network, and Ele.me, a local delivery service. Additionally, Alibaba offers various marketing services, payment solutions, and operates content platforms such as Youku and Alibaba Pictures. As the world's largest online commerce entity by gross merchandise volume, Alibaba plays a crucial role in connecting consumers and businesses, facilitating transactions, and enhancing operational efficiencies through cutting-edge technology.