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With this round, Qraved will be focusing on Indonesia, making it the largest commitment for Indonesia in the space even compared to global or regional players.
Qraved is a leading “foodtech” company in Indonesia. Launched in September 2013, Qraved has quickly grown to be Indonesia’s leading food discovery platform, providing 1M+ monthly active users with restaurant information, reviews, recommended dishes with photos, promotions, and an instant booking facility.
Co-founder and CEO Steven Kim was born in Korea, spent his youth in the United States, and earned his MBA from INSEAD. Prior to launching out on his own to start Qraved, Steven spent several years building companies on the Rocket Internet platform in SE Asia. At Rocket, Steven co-founded and led the Asia Pacific arms of Wimdu, a peer-to-peer travel accommodation rental platform; OfficeFab, an online B2B office supplies store; and the Singaporean branch of Zalora, an online fashion retailer, which Steven built from scratch into a team of 250 employees. Steven left Rocket in mid-2013 to launch Qraved. He was selected as an Endeavor Entrepreneur in February 2015 at ISP 57 in Singapore, where he also met David Frazee from Richmond Global—the lead investor of this financing round—for the first time.
Jakarta-based foodtech startup Qraved, founded by entrepreneur Steven Kim, closed an $8 million Series B round of funding …
Singapore – February 6, 2015 – Endeavor hosted its 57th International Selection Panel (ISP) in Singapore from …
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