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.
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Startup funding is crucial to its sustainability. This funding can support the startup in several things, including developing products or services, expanding markets, and increasing the team's size and capabilities.