Indonesia-based culinary startup Mangkokku has announced the closing of its US$7 million Series A funding co-led by Alpha JWC Ventures and Emtek, with participation from Cakra Ventures.
“We will strengthen our online and offline presence through outlets to serve more customers, flagship dine-in restaurants with excellent customer experience, a new mobile application, and most importantly, new dine-in exclusive dishes to cater to all preferences. With those, we aim to be an all-rounder New Culinary Retail company,” said Co-Founder and CEO Randy Kartadinata.
Established by renowned Indonesian chef Arnold Poernomo and serial entrepreneurs Kartadinata, Gibran Rakabuming, and Kaesang Pangarep, Mangkokku provides professional chef-level dishes in rice bowls accessible to everyone. The dishes are crafted with a local taste familiar to Indonesians, with “high-quality ingredients and top chef-level recipes, but always with a contemporary twist”.
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The foodtech startup currently operates 50 branches in the Greater Jakarta area, Surabaya, Bandung, Malang, Semarang and Solo. Mangkokku claims it serves more than four million bowls annually via its online and offline channels with dozens of permanent and seasonal menus.
The firm has launched more than a dozen collaboration menus with prominent brands and celebrity chefs in the past year, including MasterChef Indonesia judges and winners and Garena’s Free Fire game.
Mangkokku recently launched its first of many flagship outlets in the city centre of Jakarta with a modern, cosy concept and special dine-in menu. Mangkokku will open more flagship restaurants while expanding its cloud kitchen to new areas and cities.
The startup is set to launch its mobile app by Q3 2022. It will feature order services, self pick-up, loyalty programmes, and special promos.
In addition, Mangkokku also aims to reach its 100th outlet this year and open another 100 next year.
“Ricebowl is our starting point and now we are ready to take the next step forward. We are launching our holding company, Nusantara Culinary Group, to bring more delicacies from our kitchen. We start with beverages and packaged sambal and will roll out other types of dishes this year onwards to become an end-to-end culinary solution for our customers,” Randy added.
In 2020, Mangkokku received US$2 million seed funding from Alpha JWC Ventures, and since then, it has grown 6x in sales and tripled its number of stores.
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