1. Startup

DishServe Bags Pre Series A Funding, Ready to Expand Partnership

Some of the investors participated include Genting Group, Insignia Venture Partners, Stonewater Ventures, Ratio Ventures, Rutland Ventures, 300x Ventures, MyAsiaVC

Delivery-focused ghost kitchen platform DishServe announced the closing of pre-series A fundraising this month. Some of the investors participated include Genting Group, Insignia Venture Partners, Stonewater Ventures, Ratio Ventures, Rutland Ventures, 300x Ventures, MyAsiaVC, and several angel investors. In 2020, they also received early-stage funding from Insignia.

The company plans to use the fresh funds to plant over 500 outlets in Jakarta and expand to Bandung and Surabaya. In addition, this capital will be used to increase sales channels, develop technology, and conduct curation to increase food options.

DishServe's Founder & CEO, Rishabh Singhi revealed to DailySocial, Indonesia is a very attractive market with a variety of signature dishes. Cloud kitchens can certainly help F&B brands reach more customers in various geographic areas.

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