Qraved : October 29, 2015
Indonesia’s foodtech firm Qraved gobbles up an $8M series B
Jakarta-based foodtech startup Qraved announced earlier today that it has closed a US$8 million series B round of funding co-led by US-based Richmond Global Ventures and Gobi Partners from Shanghai. New investor GWC participated in the round, as did existing backers Convergence Ventures, 500 Startups, Toivo Annus, and M&Y Partners.
Qraved’s funding round comes conveniently during the Indonesian government’s trip to Silicon Valley, and as such, Indonesia’s tech minister Rudiantara will witness Qraved sign the investment documents at 500 Startups’ Mountain View office later today. In Jakarta, Qraved competes with names like Zomato, Makanluar, and Indotable.