Coffee chain Kopi Kenangan’s fund joins round of e-grocery startup Dropezy

Dropezy, Indonesia’s recurring-based micro-delivery service for groceries, said it has raised an undisclosed amount in its funding round.

More funding details

• Investors: Taurus Ventures, Kopi Kenangan Fund, and angel investors
• Stage: Pre-seed

More company updates

• Dropezy went into full operations since late 2019 and claims to have been growing in an upward trend every month.
• The startup aims to offer more products and delivery time slots on the platform, as well as expand to other areas of operations this year. It also plans to introduce the pay later feature for its customers.
• The fresh funds will be used to improve the platform, hire talent, introduce product features, set up micro-distribution hubs, and develop private-labeling for stock keeping units (SKUs).

For more coverage of the company, head here. You can also click on the link below to view key details about the company, as well as its funding history.