19 October 2018, 02:40 PM
Users can use the mobile app to locate nearby stores, pre-order beverages with exact pick-up time, as well as to pay online
Indonesia’s coffee chain Kopi Kenangan announced today it has raised a seed funding of US$8 million from Southeast Asia-focussed VC firm Alpha JWC Ventures.
The startup will use the funds to set up new stores, invest in R&D, as well as to develop its own mobile app, which will help the user to locate nearby stores, pre-order beverages with exact pick-up time, and pay online.
Founded by serial entrepreneurs Edward Tirtanata and James Prananto, Kopi Kenangan is a grab-and-go coffee chain which owns 100 per cent of its stores; it means the startup does not operate on a franchise model.
The coffee chain currently operates 16 stores in Greater Jakarta area, with plans to operate a total of 30 stores by December 2018. The coffee chain has more than 20 items on its menu and the trademark product is iced-coffee named Es Kopi Kenangan Mantan, which consists of espresso, fresh milk, and local palm sugar.The startup
claims to have managed to sell up to 175,000 cups per month.
selengkapnya di e27.co
Indonesia’s coffee chain Kopi Kenangan announced today it has raised a seed funding of US$8 million from Southeast Asia-focussed VC firm Alpha JWC Ventures.
The startup will use the funds to set up new stores, invest in R&D, as well as to develop its own mobile app, which will help the user to locate nearby stores, pre-order beverages with exact pick-up time, and pay online.
Founded by serial entrepreneurs Edward Tirtanata and James Prananto, Kopi Kenangan is a grab-and-go coffee chain which owns 100 per cent of its stores; it means the startup does not operate on a franchise model.
The coffee chain currently operates 16 stores in Greater Jakarta area, with plans to operate a total of 30 stores by December 2018. The coffee chain has more than 20 items on its menu and the trademark product is iced-coffee named Es Kopi Kenangan Mantan, which consists of espresso, fresh milk, and local palm sugar.The startup
claims to have managed to sell up to 175,000 cups per month.
selengkapnya di e27.co
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