Vertex Ventures Southeast Asia and India Partnership completes Final Close of Fund V at USD 541 Million exceeding its target fund size of USD 450 Million tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
JAKARTA, Indonesia, June 20, 2022 /PRNewswire/ Dailybox Group, an Indonesia-based tech-enabled multi-brand restaurant chain, announced it has closed a USD 24 million (approximately IDR 355 billion) Series B investment round led by Northstar Group and Vertex Growth, with participation from existing investors Vertex Ventures Southeast Asia and India (VVSEAI) and Kinesys Group. The start-up plans to deploy the fresh funds to expand its national footprint, enhance its tech capabilities and add more food and beverage brands. The company currently operates more than 150 outlets - making it one of Indonesia's largest F&B operators. Dailybox Group is currently present in more than 20 cities across Indonesia, and plans to continue growing nationally with a focus on second and third-tier cities. "Dailybox Group was founded with the goal to disrupt the F&B industry in Indonesia with various practical comfort food dishes. We are grateful for all investors supporting us to achiev
THE listing of Grab Holdings Ltd on Nasdaq as a Singapore-headquartered company serves as a lesson for Malaysia that it will keep losing its best talents and companies if there are no comprehensive and concerted efforts to keep them in the country
Series A investors include Japan s Marubeni Ventures, South Korea s Atinum Partners, China Taiwan s AppWorks, Indonesia s Alpha JWC, and Singapore s UOB.
Series A investors include Japan s Marubeni Ventures, South Korea s Atinum Partners, China Taiwan s AppWorks, Indonesia s Alpha JWC, and Singapore s UOB.