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
As rail systems undergo a digital revolution and become far more connected and advanced, railway operators face a rapidly growing threat landscape. To combat this, railway companies demand more robust cyber solutions and lawmakers across the globe call for more effective cybersecurity regulations. Cylus, a Tel Aviv-based rail cybersecurity startup, built a cybersecurity solution, CylusOne, […]