1. Startup

Food Delivery Startup Klik-Eat Closed Series A Funding From Yume No Machi

I think it's fair to say that food delivery is one of the most promising business here in Indonesia at least for professionals in Jakarta. Our infamous traffic jam makes food delivery business picking up quite fast, and Klik-Eat is one of the dominant player in the scene. The Jakarta-based food delivery recently announced their round of funding by Yume No Machi, a Japanese online food delivery company.

Mainly focusing on professionals and office employees, Klik-Eat currently focuses on the business districts of Jakarta, mostly Center and South Jakarta. Michael Saputra, co-founder and CEO said to Dailysocial that this round of funding will be used to expand their services to other parts of Jakarta where the demand is growing strong. In a day, Saputra added, Klik-eat can serve hundreds of orders on average totalling 15.000 orders they have taken since inception in 2011.

"Indonesia, as the 4th most populous country in the world and home ofmore than 240 million people, holds remarkable potential in the online food ordering industry. Steadyimprovement in economic development, consumer buying power and internet access, makes Indonesiaa very attractive market in the Southeast Asia region", said Yume no Machi representative in a press release sent to Dailysocial.

Yume no Machi Souzou Iinkai is a Japan-based public company, established in 1999. Demae-can, its main service, is the biggest online food ordering service in Japan. With more than 11,200 restaurant listings in Japan and other established operations overseas, Yume no Machi is one of the largest online food delivery networks in the world.

As part of this investment, Yume no Machi CEO Rie Nakamura and its Finance Manager Masateru Kaneko will sit on Klik-Eat's board of directors. Co-founders Michael Saputra, Andrew Pangestan and Willy Haryanto will still lead the operational side of thing, aiming to be the online food ordering service leader in Indonesia.

Their only competitor in Jakarta is probably Rocket Internet's FoodPanda although I don't see much of FoodPanda's courier on the road. On the other hand, Klik-eat's motorbike courier is often seen roaming the roads of Jakarta as a sign that business is good for Klik-eat.

No financial details have been revealed as a part of the round of funding. Check out the full press release here.

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