Close Menu
Indo Guard OnlineIndo Guard Online
  • Home
  • Cyber Security
  • Risk Management
  • Travel
  • Security News
  • Tech
  • More
    • Data Privacy
    • Data Protection
    • Global Security
What's Hot

Google exposes Vishing Group UNC6040 target on Salesforce with a fake app for a data loader

June 4, 2025

Malicious Chaos Rats are aimed at Windows and Linux via fake network downloads

June 4, 2025

Why do traditional DLP solutions do not get in the browser era

June 4, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube
Indo Guard OnlineIndo Guard Online
Subscribe
  • Home
  • Cyber Security
  • Risk Management
  • Travel
  • Security News
  • Tech
  • More
    • Data Privacy
    • Data Protection
    • Global Security
Indo Guard OnlineIndo Guard Online
Home » Indonesia’s Runchise raises $1M in new funding co-led by East Ventures and Genesia Ventures
Tech

Indonesia’s Runchise raises $1M in new funding co-led by East Ventures and Genesia Ventures

AdminBy AdminJuly 16, 2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Runchise, an Indonesia-based restaurant management and culinary franchise startup, has on Tuesday announced that it has raised new funding of $1 million from the existing investors East Ventures and Genesia Ventures.

Runchise said in a statement that with this new funding, the firm’s main focus remains on technological advancement and innovation to enhance restaurants’ profitability.

Additionally, it will prioritize investments in branding initiatives and geographical expansion to extend its reach to more cities, empowering more businesses to thrive.

“We are glad to receive continuous support from our investors,

“We believe this funding serves as a strong vote of confidence toward our solution to empower the food and beverage (F&B) industry,” said Daniel Witono, Co-Founder and Chief Executive Officer of Runchise.

“We believe that technology is an important tool in ensuring the operational efficiency of this industry,

“Having said that, we are committed to providing innovative and tailored solutions for the players, helping them to scale and unlock the opportunities ahead,” he added.

Runchise, under the auspices of PT Teknologi Kuliner Kekinian, has been present since 2022 in Indonesia.

The firm offers a series of superior product management systems as a guide for franchisors and franchisees in the development of the F&B business.

It focuses on controlling and monitoring technology-based operational systems, predicting targets, and increasing profits in the culinary field.

According to the statement, the F&B and hospitality sectors represent massive opportunities in many emerging countries, but the industry is also characterized by intense competition between the players.

Thus, operational excellence and efficiency are important for success within this sector.

However, it said the F&B players still face challenges and difficulties in maximizing their growth, with few tailored solutions available for this industry.

Runchise said the firm is designed based on a comprehensive understanding of the business process and restaurant operation, creating a user-centric platform with an end-to-end ecosystem.

With the online or cloud-based platform, it ensures that all the information from the restaurant outlets is connected transparently, accurately, and consistently into one platform.

Currently, Runchise’s solutions encompass front-store operations, back-office functionalities, integration with online food delivery platforms, and customer engagement.

Moreover, with the integration of machine learning, the firm is also able to provide a daily sales prediction for each outlet.

“We are glad to double down our investment in Runchise. With the big opportunity in the F&B industry combined with Daniel and his team’s proficiency, we believe Runchise will continue to play a significant role in digitalizing the F&B ecosystem in Indonesia,” said Melisa Irene, Partner at East Ventures.

According to the statement, the F&B industry is a dynamic and growing market that Runchise is well-positioned to capitalize on with its growing range of solutions.

It said the shifts in consumption behavior, accelerated by the pandemic, have underscored the critical need for merchants to adopt an omnichannel strategy and optimize their operations for better revenue potential.

“We believe that with Daniel’s experience and leadership, Runchise is poised to become an industry leader in the F&B industry,

“We are confident in reaffirming our commitment to Runchise through a follow-on investment, and are looking forward to supporting Daniel and his team as they continue to set new standards in the F&B sector,” said Takahiro Suzuki, GENESIA General partner.

Indonesia’s Bukalapak posts positive EBITDA for the first time in first quarter



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Admin
  • Website

Related Posts

Indonesia poised to upskill workers in AI, analytics — People Matters Global

July 29, 2024

Imagining the future of the digital economy in Indonesia

July 29, 2024

Mandiri Capital Indonesia partners BTN to launch prop-tech focused fund through BTN Fund

July 29, 2024

How a Chinese rocket failure boosted Elon Musk’s SpaceX in Indonesia

July 29, 2024

Hyundai and Kia Showcase Integrated Air Taxi Service Technology in Indonesia

July 29, 2024

Indonesia’s digital success deserves more attention

July 29, 2024
Add A Comment
Leave A Reply Cancel Reply

Loading poll ...
Coming Soon
Do You Like Our Website
: {{ tsp_total }}

Subscribe to Updates

Get the latest security news from Indoguardonline.com

Latest Posts

Google exposes Vishing Group UNC6040 target on Salesforce with a fake app for a data loader

June 4, 2025

Malicious Chaos Rats are aimed at Windows and Linux via fake network downloads

June 4, 2025

Why do traditional DLP solutions do not get in the browser era

June 4, 2025

Packages malicious Pypi, NPM and Rubin

June 4, 2025

HPE releases security patch for Storeonce error, which allows by -by -distance authentication

June 4, 2025

Fake Docusign, Gitcode Sites Distributed Netsupport Rat Through Multiple Attack PowerShell

June 3, 2025

Critical 10-year Error Webmail RoundCube allows users to run the malicious code

June 3, 2025

Understanding the scammers and how to defend their organization

June 3, 2025
About Us
About Us

Provide a constantly updating feed of the latest security news and developments specific to Indonesia.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Google exposes Vishing Group UNC6040 target on Salesforce with a fake app for a data loader

June 4, 2025

Malicious Chaos Rats are aimed at Windows and Linux via fake network downloads

June 4, 2025

Why do traditional DLP solutions do not get in the browser era

June 4, 2025
Most Popular

In Indonesia, crippling immigration ransomware breach sparks privacy crisis

July 6, 2024

Why Indonesia’s Data Breach Crisis Calls for Better Security

July 6, 2024

Indonesia’s plan to integrate 27,000 govt apps in one platform welcomed but data security concerns linger

July 6, 2024
© 2025 indoguardonline.com
  • Home
  • About us
  • Contact us
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.