Indonesia’s F&B startups are more robust with the resilience of Indonesia’s economy
Food and Beverage (F&B) has appeared as a resilient sector for Indonesia despite the slowdown during the pandemic. While most industries experienced a contraction, the F&B sector still grew by 0.2 percent in revenue growth year-on-year (YoY) in the second quarter of 2020, as Statistics Indonesia (BPS) data shows.
Har Har Chicken!, the takeaway kiosk specializing in har cheong gai-focused menu items, raised funding led by East Ventures
Har Har Chicken!, the takeaway kiosk specializing in har cheong gai-focused menu items, announced today that it has raised funding led by East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia.
Runchise, a restaurant management and culinary franchise startup, raises new funding of US$1 million, co-led by East Ventures and Genesia Ventures
Runchise, an Indonesia-based restaurant management and culinary franchise startup, today announced that it has raised new funding of US$1 million from the existing investors East Ventures and Genesia Ventures. With this new funding, the firm’s main focus remains on technological advancement and innovation to enhance restaurants’ profitability.
UENA raised new funding co-led by East Ventures and Trihill Capital, aiming to expand the hyperlocal F&B for daily food
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed amount of new funding co-led by the existing investor, East Ventures, and the new investor from Trihill Capital. This new round, that was closed in Q1 2023, strengthens UENA’s balance sheet following the seed funding raised in September 2022. The fund will be used to continue expanding the locations and services to reach more users and customers.
Runchise raised seed funding led by East Ventures
Runchise, a restaurant management startup and culinary franchise in Indonesia, has officially launched its online application to increase operational efficiency and profit for restaurant or franchise owners, especially in the culinary field. At the same time, Runchise announced the completion of seed funding led by East Ventures.
UENA, a hyperlocal online F&B startup, raised Seed funding led by East Ventures
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation from IDN Media and several angel investors. UENA was founded by Alvin Arief (Co-Founder and Chief Executive Officer) and Roy Yohanes (Co-Founder and Chief Operating Officer), who are seasoned F&B entrepreneurs with more than 10 years of experience.
Pasarnow transforms the end-to-end supply chain in Indonesia’s grocery market
Born and raised in the hustle and bustle of Indonesia's capital city, Jakarta, James Rijanto recalled a big shift in venture trends, which used to revolve around the manufacturing industry to the new food and beverage (F&B) and lifestyle concepts.
Ismaya Group secures US$ 18.1 million funding led by East Ventures to continue leading and expanding the F&B lifestyle industry in Indonesia
ISMAYA GROUP, the leading F&B lifestyle brand, announced that it has raised funding with a total amount of US$ 18.1 million led by East Ventures (Growth fund) with participation from existing investor, FALCON HOUSE PARTNERS.