Indonesian culinary startup Mangkokku eyes up to $20m funding to feed expansion plans

Indonesian culinary startup Mangkokku is targeting to raise $10-20 million in a Series B round this year to fuel its aggressive expansion plans, top executives told DealStreetAsia.

“We’re still in the process [of fundraising]. After we close this round, we aim to have at least 200 outlets by 2024,” said Mangkokku CEO Randy Julius Kartadinata in an interview with DealStreetAsia.

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