Kopi Kenangan, which is one of the fastest-growing coffee chains in Indonesia, Kopi Kenangan, has now secured $109 million in its Series B funding round led by current investor Sequoia Capital and joined by several new ones.
“The food and beverage industry is one of the biggest consumer opportunities in Southeast Asia, and Kopi Kenangan has built an authentic identity in Indonesia. We could not wait to bring it to bigger categories, formats and market,” Sequoia Capital (India) Singapore Vice President Rohit Agarwal said.
