Mangkokku

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Mangkokku - overview

Established

2019

Location

Jakarta Barat, -, Indonesia

Primary Industry

Travel & Leisure

About

Mangkokku is a Jakarta-based company offering authentic Indonesian rice bowls, designed to meet diverse dietary preferences and cater to busy lifestyles, facilitating quick and healthy meal options for both local and international customers. Founded in 2019 and headquartered in Jakarta Barat, Indonesia, Mangkokku specializes in Indonesian cuisine, particularly rice bowls. The company has secured funding through 2 deals, with the most recent being a Series A round in September 2022, raising USD 7. 53 mn from investors including Alpha JWC Ventures and Emtek Group, establishing its current valuation at USD 34.


015 mn. The CEO is Randy Kartadinata. Mangkokku specializes in providing an authentic Indonesian culinary experience through its core offering of rice bowls, which are designed to cater to diverse consumer preferences and dietary needs. The company aims to deliver a comprehensive menu that highlights traditional Indonesian flavors and ingredients, targeting both local food enthusiasts and international consumers seeking to explore Indonesian cuisine.


Mangkokku’s rice bowls are crafted to serve as convenient meal options for busy individuals and families, tapping into the growing demand for quick yet healthy dining solutions. With a focus on quality ingredients and authentic preparation methods, the company’s products appeal to a wide demographic, including urban professionals, students, and families. Geographically, Mangkokku’s products are positioned not only in urban centers across Indonesia but also in international markets where Indonesian cuisine is gaining popularity, allowing it to reach a broader audience. Mangkokku’s revenue generation model revolves around direct-to-consumer sales through its dining locations and potentially through online ordering platforms.


Customers can purchase individual rice bowls or opt for meal bundles that cater to group dining experiences, capitalizing on the trend of shared meals. The transaction structure primarily involves cash sales and electronic payments at the point of purchase, facilitating a seamless consumer experience. While specific pricing details for the offerings are not disclosed, the company's flagship rice bowl products are positioned competitively within the market to attract a diverse customer base. Additionally, partnerships with local delivery services may enhance the company's reach, allowing for greater accessibility of its products to customers who prefer dining at home.


In September 2022, PT. Pemuda Cari Cuan raised USD 7. 53 mn in Series A funding co-led by new investor Emtek Group and returning investor Alpha JWC Ventures, with participation from other new investors Pt Karunia Pangan Indonesia, Pt Siap Selalu Mas, and PT. Ajwcs Sinergi Dua.


The funding will be used to support the launch of Mangkokku's mobile app, which is expected to provide ordering and loyalty features, and it is set for release by the third quarter of 2022. The company is also exploring opportunities to expand into new markets, targeting regions where Indonesian cuisine is increasing in popularity.


Current Investors

Alpha JWC Ventures, Cakra Ventures, Emtek Group

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.mangkokku.com

Company Stage

Series A

Total Amount Raised

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