Aditya Hadi Pratama · · 1 min readEx-RedDoorz COO’s cloud kitchen firm scores pre-series A
DishServe, an Indonesia-based cloud kitchen startup, has raised an undisclosed amount of pre-series A funding from Genting Group, Insignia Venture Partners, Stonewater Ventures, Ratio Ventures, Rutland Ventures, 300x Ventures, and MyAsiaVC.
DishServe’s Teriyaki Chicken Katsu / Photo credit: DishServe
Launched in 2020, DishServe helps food and beverage brands as well as other cloud kitchen companies expand in Indonesia through its network of kitchens. Partner brands can send pre-cooked food to DishServe’s kitchens, where workers will heat, package, and deliver products.
It also provides additional services such as marketing, inventory management, warehousing, and a point-of-sales solution.
The company is founded by Rishabh Singhi, former chief operating officer of RedDoorz, along with fellow serial entrepreneurs Vinav Bhanawat, Fathhi Mohamed, and Stefanie Irma. Without going into specifics, the company said in a statement that current sales have grown almost 20x since its inception.
DishServe plans to use the fresh funds to add 500 more kitchens within Jakarta and expand to Bandung and Surabaya by next year. It also looks to continue developing its own platform on top of partnering with other food ordering services.
In December 2020, the company raised an undisclosed amount of seed funding from Insignia Ventures Partners.
Editing by Miguel Cordon and Lorenzo Kyle Subido
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
