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HomeWorld NewsAlpha JWC, Emtek co-lead Indonesian culinary startup Mangkokku’s US$7M Sequence A spherical

Alpha JWC, Emtek co-lead Indonesian culinary startup Mangkokku’s US$7M Sequence A spherical


(L-R) Mangkokku Co-Founders Arnold Poernomo, Randy J Kartadinata, Kaesang Pangarep

Indonesia-based culinary startup Mangkokku has introduced the closing of its US$7 million Sequence A funding co-led by Alpha JWC Ventures and Emtek, with participation from Cakra Ventures.

“We are going to strengthen our on-line and offline presence by way of shops to serve extra prospects, flagship dine-in eating places with wonderful buyer expertise, a brand new cell utility, and most significantly, new dine-in unique dishes to cater to all preferences. With these, we intention to be an all-rounder New Culinary Retail firm,” stated Co-Founder and CEO Randy Kartadinata.

Established by famend Indonesian chef Arnold Poernomo and serial entrepreneurs Kartadinata, Gibran Rakabuming, and Kaesang Pangarep, Mangkokku offers skilled chef-level dishes in rice bowls accessible to everybody. The dishes are crafted with an area style acquainted to Indonesians, with “high-quality elements and prime chef-level recipes, however all the time with a recent twist”.

Additionally Learn: How foodtech startups are bridging the tech hole in restaurant ecosystem

The foodtech startup at present operates 50 branches within the Larger Jakarta space, Surabaya, Bandung, Malang, Semarang and Solo. Mangkokku claims it serves greater than 4 million bowls yearly through its on-line and offline channels with dozens of everlasting and seasonal menus.

The agency has launched greater than a dozen collaboration menus with outstanding manufacturers and celeb cooks previously yr, together with MasterChef Indonesia judges and winners and Garena’s Free Fireplace recreation.

Mangkokku lately launched its first of many flagship shops within the metropolis centre of Jakarta with a contemporary, cosy idea and particular dine-in menu. Mangkokku will open extra flagship eating places whereas increasing its cloud kitchen to new areas and cities.

The startup is about to launch its cell app by Q3 2022. It would function order providers, self pick-up, loyalty programmes, and particular promos.

As well as, Mangkokku additionally goals to achieve its a hundredth outlet this yr and open one other 100 subsequent yr.

“Ricebowl is our start line and now we’re able to take the following step ahead. We’re launching our holding firm, Nusantara Culinary Group, to deliver extra delicacies from our kitchen. We begin with drinks and packaged sambal and can roll out different forms of dishes this yr onwards to grow to be an end-to-end culinary answer for our prospects,” Randy added.

In 2020, Mangkokku acquired US$2 million seed funding from Alpha JWC Ventures, and since then, it has grown 6x in gross sales and tripled its variety of shops.

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The put up Alpha JWC, Emtek co-lead Indonesian culinary startup Mangkokku’s US$7M Sequence A spherical appeared first on e27.

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