F&B

$24M to make your hometown's dish a national fave

June 22, 2022
Dailybox

Here's Dailybox! This Indonesian online multi-brand delivery-only restaurant chain just raised a $24M Series B. Northstar Group and Vertex Growth led the round.

  • They have over 150 outlets in at least 20 Indonesian cities.
  • They've grown revenue 16x since their seed and saw transactions shoot up 100x over the pandemic.

Who else cashed in? Vertex Ventures Southeast Asia and India and Kinesys Group.

📦 Unboxing the origins

Founded in 2018 as a rice box provider, they later moved into food delivery and multi-brand cloud kitchens. You can grab a bite of their dishes by ordering on GrabFood, GoFood, ShopeeFood and TravelokaEats.

Their goal? Be Indonesians' go-to restaurant for fast, balanced, tasty and affordable food each day. Plus, bring the best of Indonesia's local cuisines to the broader public across the Indonesian archipelago (Imagine your province's best dish enjoyed by the entire country!)

🍞 Here's the menu

Dailybox. Certified-halal rice boxes. Think dishes like chicken basil, black pepper dory fish, sambal chicken and more over rice.

Shirato. Huge burrito-sized sushi rolls that we really want to try.

Breadlife. Acquired by Dailybox earlier this year, they offer fresh and high-quality baked goods.

💰 What's with the $$$?

They're doubling down on local expansion across Indonesia, especially in tier-2 and tier-3 cities. Plus, they'll be leveling up their tech capabilities and adding more food and beverage brands.

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