These were our most read stories of March 2024
Private equity deal-making and exit news dominated the most-read headlines in March.
Source: dealstreetasia.com
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Losses at Indonesian F&B startup Dailybox surged 17x in 2022 on higher expenses
Dailybox Group's consolidated revenues rose to $9.7 million in the financial year ended December 31, 2022, up 77.6% from $5.4 million in 2021.
Source: dealstreetasia.com
Editor's take: The week that was — June 20-25
The week saw ShopBack, Dailybox Group, Rainforest, Stashfin, RPG Commerce and OnPoint announce new funding.
Source: dealstreetasia.com
Data Vantage: Dailybox, Archisen and Gozem nab funding, others report financial updates
Dailybox has raised $24 million in a Series B round led by Northstar and Vertex Growth Fund.
International Finance Corporation Indonesia Kinesys Group Vertex Growth Fund Dailybox Group On Northstar Group Dailybox Group
Source: dealstreetasia.com
Dailybox Group Announces USD 24 Million in Series B Funding Led by Northstar Group and Vertex Growth
JAKARTA, Indonesia, June 20, 2022 /PRNewswire/ -- Dailybox Group, an Indonesia-based tech-enabled multi-brand restaurant chain, announced it has closed a USD 24 million (approximately IDR 355 billion) Series B investment round led by Northstar Group and Vertex Growth, with participation from existing investors Vertex Ventures Southeast Asia and India (VVSEAI) and Kinesys Group. The start-up plans to deploy the fresh funds to expand its national footprint, enhance its tech capabilities and add mo...
Source: philippinetimes.com
Indonesia's virtual restaurant firm Dailybox raises $24m led by Northstar, Vertex
The firm has over 150 outlets in more than 20 cities across Indonesia
Source: dealstreetasia.com