Meet Torch! This Indonesian lifestyle brand for premium daily and travel gear just raised funding from Init-6.

• They’ve been net profitable since 2018 and hit nearly $10M in revenue in 2023.

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🎒 See you outside

They offer backpacks, apparel, sandals, fanny packs, and accessories.

• Their products are designed to be functional, high-quality, and trendy.

They sell on their website and have nine physical stores across nine different cities in Indonesia.

• Moving fast. Seven of these stores just opened in the last 18 months!

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🤑 What’s with the $$$?

They’ll be pushing to hit 50 stores and over $70M in annual revenue by 2029.

• Out and about. They’re thinking of expanding to Malaysia, Thailand, and the Philippines!