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Seoul-based online grocery store Market Kurly has attracted 200 billion won of investments from multinational groups..
The online store provides one-day deliveries of fresh grocery items, which are sent the morning after it is ordered.
Among the new investors are SK Networks, the trading and retail arm of SK Group, and Hillhouse Capital Group, a multi-national private equity firm with an investment focus in Asia, and DST Global.
Market Kurly's other investors are Sequoia Capital China and Global Venture Partners.
The company has attracted 420 billion won investments in the past five years.
The company noted that the investment, which is the largest in the startup industry this year, would be spent on upgrading the logistics system of a mega-sized warehouse in Gimpo, and in expanding its customer base and workforce.
Market Kurly's competitors include Coupang, SSG.com, and GMarket.
