- Reaffirms devotion to F&, B industry growth
- Funding will assistance technology advancement, branding &, development
Runchise, an Indonesia- based restaurant control and cooking franchise company, announced that it has raised innovative funding of US$ 1 million ( RM4.7 million ) from the existing owners East Ventures and Genesia Ventures. With this new financing, the firm’s principal focus remains on scientific advancement and development to increase restaurants ‘ profitability.  ,
Moreover, the startup will prioritize investments in geographic expansion and branding to expand its reach to more cities, enabling more companies to succeed.
Daniel Witono, i- founder and CEO of Runchise said,  ,” We believe that engineering is an important instrument in ensuring the operating performance of this business. Having said that, we are dedicated to offering the players creative and custom options to expand and access the opportunities that lie ahead.
In many emerging nations, the food and beverage ( F&, B) and hospitality businesses offer significant options, but the sector also faces fierce competition. For success, functional quality and performance are crucial. But, F&, B people still face problems and difficulties in maximising their rise, with some customized solutions available.
Runchise claims that its solutions are created using a user-centric program with an end-to-end ecology and based on a thorough understanding of the business operation and restaurant operations. With a , fog- based program, the company ensures that all the information from the restaurant outlets is connected honestly, exactly, and continuously into one platform.
Currently, its solutions contain front- store operations, again- office functionalities, integration with virtual food delivery platforms, and customer engagement. Runchise can also provide a regular sales forecast for each channel with the help of machine learning.  ,
” We’re pleased to increase our investment in Runchise. With the big opportunity in the F&, B industry combined with Witono and his team’s proficiency, we believe Runchise will continue to play a significant role in digitalizing the F&, B ecosystem in Indonesia”, said Melisa Irene ( pic ), partner at East Ventures.
The pandemic’s acceleration of consumption behavior has made it imperative for retailers to choose an multichannel strategy and improve their revenue potential.
” We believe that with Witono’s knowledge and authority, Runchise is poised to become an industry leader in the F&, B business and are looking forward to supporting Witono and his team as they continue to set new standards in the F&, B business”, said Takahiro Suzuki, Genesia Ventures, common partner.
Runchise, which was founded in 2022 by Winoto and Ivana Widjaja, co-founders and chief operating officers, claims to have helped hundreds of brands scale and streamline their processes, especially by bringing their operation to multiple locations.